India’s fintech landscape seems highly promising with lots of startups emerging with some new ideas. Dexif is one of such well-known names in the segment and it has lately secured $4 million in seed funding led by RTP Global. The fresh investment is set to alleviate the ambitious mission of the company to revolutionize how fixed-income securities are traded in India.
Dexif was founded in November 2022 by Deepank Bhandari and Tushar Sharma. It is committed to creating a cutting-edge platform that connects companies with financial institutions directly for fixed-income trading. The idea behind its commitment is to make fixed-income assets more accessible and simultaneously align it with the increasing demands of a dynamic market.
Until now, Dexif facilitated investments of about ₹300 crore per month. The figure is significant and defines the rapid growth journey of the startup.
Last October the company welcomed Pallavi Bajaj aboard as a co-founder. Pallavi is a Chartered Accountant and specializes in Structured Finance and Portfolio & Stakeholder Management. She brings invaluable expertise with her to the team. Others who joined her are industry stalwarts Mohit Chandnani, Vikas Singh and Jakin Shah from AK Capital along with Fenil Gada from Saison Capital and Shahil Shah from Northern Arc Capital.
Dexif Founder and CEO Deepank Bhandari said the fresh capital injection highlights their commitment to unlock the full potential of India’s fixed-income markets. He added that it will empower them to innovate further and expand their offerings.
Dexif seems to have a clear vision and a strong team. It is poised to make significant waves in India’s financial landscape. It will work in bridging the gap between investors and fixed-income opportunities.
