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TradeX - About the company

TradeX is a seed company based in Delhi (India), founded in 2021 by Divij Goyal, Indrajeet Roy, Divij Goyal and Ankit Shrivastava. It operates as an Online trading platform for social events. TradeX has raised $1.5M in funding from investors like Y Combinator, Soma Capital and Wellfound, with a current valuation of ₹*****. The company has 12 active competitors, including 5 that are funded. Its top competitors include companies like Probo, Tube 11 and Wetark Technologies.

Company Details

Online trading platform for social events. The platform lets users invest or trade on world events. Users can predict the outcome of the events like weather, politics, economics, and trade on the prices based on their opinion. It is a financial exchange where people can trade on their opinion and hedge everyday risks. The app is available on Android platforms.
Social
X
Email ID
*****@theox.co
Phone Number
+91 **********
Registered Address
55, 2nd Floor, Lane-2, Westend Marg Saidullajab, Near Saket Metro Station, New Delhi, New Delhi, Delhi, India, 110030
Key Metrics
Founded Year
2021
Location
Delhi, India
Stage
Seed
Total Funding
$1.5M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Aug 24, 2021
Ranked
Employee Count
97 as on Aug 31, 2026
Similar Companies
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TradeX's funding and investors

TradeX has raised a total funding of $1.5M over 2 rounds. Its first funding round was on Jul 01, 2021. Its latest funding round was a Seed round on Feb 07, 2022 for $*****. 1 investor participated in its latest round. TradeX has 14 institutional investors and 37 angel investors.

Here is the list of recent funding rounds of TradeX:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 07, 2022
3279321
Seed
5592004
4325190
9737890
4965228
Jul 01, 2021
5750508
Seed
5490500
7970761
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TradeX's founders and board of directors

Founder? Claim Profile
The founders of TradeX are Divij Goyal, Indrajeet Roy, Divij Goyal and Ankit Shrivastava.
Here are the details of TradeX's key team members:

TradeX's Board of Directors

TradeX's board has 3 active members. Divij Goyal, Divij Goyal and Ankit Shrivastava are part of team.
Here is the list of TradeX's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 7m
Team
-
Current
5y 9m
Team
-
Current
5y 9m

TradeX's employee count trend

TradeX has 97 employees as of Aug 26. Here is TradeX's employee count trend over the years:
Employee count trend for TradeX
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TradeX's Competitors and alternates

Top competitors of TradeX include Probo, Tube 11 and Wetark Technologies. Here is the list of Top 10 competitors of TradeX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Probo
Probo
2019, Gurugram (India), Series A
Provider of an online platform for skill-based gaming activities and reward
$28.5M
65/100
2nd
Logo for TradeX
TradeX
2021, Delhi (India), Seed
Online trading platform for social events
$1.5M
50/100
3rd
Logo for Tube 11
Tube 11
2022, Gurugram (India), Seed
Fantasy gaming application offering real-money rewards
$3.5M
48/100
4th
Logo for Wetark Technologies
Wetark Technologies
2021, Mumbai (India), Seed
Online platform to trade in event outcomes for individuals
$93K
35/100
5th
Logo for Grooks
Grooks
2022, Aurangabad (India), Unfunded
Online platform for event-based trading
-
-
32/100
6th
Logo for Trago
Trago
2021, Gurugram (India), Seed
Online platform to bet and trade on event outcomes
$487K
31/100
7th
Logo for Luxefashion
Luxefashion
2015, Bengaluru (India), Unfunded
Operator of an online platform for crash-style real currency betting
-
-
24/100
8th
Logo for PredChamp
PredChamp
2021, Gurugram (India), Unfunded
Provider of an online platform to predict event outcomes
-
-
23/100
9th
Logo for MyOpini
MyOpini
2025, Delhi (India), Unfunded
Platform enables users to make predictions on events and win rewards
-
-
22/100
10th
Logo for Antarrashtriya
Antarrashtriya
Mumbai (India), Unfunded
Operator of mobile applications for wagering on professional cricket matches
-
-
19/100
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TradeX's Latest cap tables and shareholding

Founders (largest shareholder) own 74.88%, Funds own 5.10%, Enterprises own 0.74% and Angels own 10.93%. The net worth of TradeX's founders is INR 10.6Cr as of Aug 24, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
74.88%
10.6Cr
6815164
4709921
7355029
7546168
7504073
1330326
6324070
3916528
7451759
1154693
9011134
6638235
7269617
2110048
6362995
7659454
Fund
5.10%
72L
78747
37945
55333
66504
Enterprise
0.74%
10.5L
0
0
0
0
Angel
10.93%
1.55Cr
4725471
3400375
1067442
2148766
ESOP Pool
8.31%
1.17Cr
8104530
9033884
4185934
9998594
Total
99.96%
14.1Cr
1299344
7583372
2231276
9928704
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of TradeX's Shareholding

TradeX's Investments and acquisitions

TradeX has made no investments or acquisitions yet.

Reports related to TradeX

Here is the latest report on TradeX's sector:

News related to TradeX

•
TradeX bags $1 Mn in Seed roundEntrackr•Jan 11, 2022•TradeX
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