US markets trading enabler MochaTrade raises funding from YC, Pioneer Fund
New York, NY (USA)-based global trading platform MochaTrade has raised pre-seed funding from Y Combinator and Pioneer Fund. This investment is part of Y Combinator’s Spring 2026 batch.Founded in 2026 by Utkarsh Sinha, Chetan Manda, and Parth Maheshwari, the company aims to offer perpetual futures on US stocks, commodities and indices through a mobile application. It primarily targets India-based investors.The new funds will be used to develop the company's perpetuals trading engine, enhance its risk infrastructure, complete regulatory and compliance preparations, and support go-to-market strategies for retail traders in regions where its services are lawfully offered.
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