Fintech stock trading platform MarketWolf has raised $10 million in its Series A round led by Jungle Ventures and Dream Capital. Existing backers and others including 9Unicorns, iSeed, Crescent and Riverwalk, also participated in the round.
This brings the total capital raised by the firm to $17.4 million. MarketWolf plans to use this fresh round of funding for building its product and hire across product, marketing and engineering.
Founded by Vishesh Dhingra and Thomas Joseph, MarketWolf targets first-time investors as its customers.
The Mumbai-based startup claims to have over 1.5 million app downloads in India in the last 18 months.
MarketWolf competes with the likes of unicorns such as Groww and Zerodha, along with INDMoney and Scripbox, among others.