Angel Investments
Broking firm Definedge raises angel funding
Pune-based Definedge Securities Broking raised an angel investment round from a group of industry executives, including Hemant Luthra, Ajay Srivastava, D. Prasad, Nitin Agarwal, and Madhusudan N. Sarda.Founded by Prashant Shah and Rajesh Badiye, Definedge began as a research-led investor education platform before transitioning into full-service broking. The firm offers a suite of in-house trading and investing tools, such as its options analytics platform Opstra, momentum and technical analysis tools, mutual fund research, and algorithmic trading systems.The capital raised will be allocated to expanding product development, strengthening its education ecosystem, scaling user growth, and enhancing its technology and compliance infrastructure. The funds will also support the expansion of events, workshops, and programmes designed for traders and investors.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
