TradeX, a predictions market platform, has raised a seed round of $1 Million from TDV Partners, SoMa Capital and marquee investors such as Maninder Gulati, Anupam Mittal, Rajesh Shawney, Hitesh Chawla, Cem Garih, Justin Mateen, Fethi and few others.
Founded in 2021 by Divij Goyal and Ankit Shrivastava, TradeX is an event-based predictions market for the Bharat audience. TradeX users can take direct exposure to any real-life event, double down on their investments or hedge positions.
The Gurugram-based startup has launched various events across different categories like entertainment, finance, news, sports, etc. and will be focusing on going deeper in these categories.
Within months of going public, they are seeing strong traction where over 1 lakh users have traded more than Rs 10 crore worth of money and earned profits.
