Angel Investments
Stockbroking platform Definedge raises funding
Pune-based Definedge Securities Broking has closed its first institutional and angel investment round, led by Hemant Luthra, Ajay Srivastava, D. Prasad, Nitin Agarwal, and Madhusudan N. Sarda.Founded by Prashant Shah and Rajesh Badiye, Definedge 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. Definedge also organises an annual trading and investing conference and community-led learning programmes.The proceeds from this funding round will be used for product development, for enhancing its education ecosystem, for scaling user growth, and for strengthening technology and compliance infrastructure. The company also plans to expand its events, workshops, and programmes to support traders and investors, focusing on integrating tools, research, education, and execution for participation in financial markets.
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