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Gurgaon based stock market prediction platform, TradeX has raised a Seed round of $1 Million from TDV Partners and SoMa Capital.
The round also saw participation from other marquee investors including Maninder Gulati, Anupam Mittal, Rajesh Shawney, Hitesh Chawla, Cem Garih, Justin Mateen, Fethi and few others.
Speaking on the fundraise, Divij Goyal, co-founder of TradeX said, “We are building the platform with a vision to build a single source of truth where people can build perspective from what the masses are thinking.”
“With wide social media penetration, misinformation or lack of information, we end up building one-sided views. With TradeX people can know what other people around them think. Users use TradeX to form their opinion about any event as well as trade to seek financial incentive based on their opinion,” Goyal further added.