Showing posts with label Enterprise Tech. Show all posts
Showing posts with label Enterprise Tech. Show all posts

Tata Elxsi and GSMA Collaborate to Deliver Enterprise-Ready Network APIs Under Open Gateway Framework

Tata Elxsi and GSMA Collaborate to Deliver Enterprise-Ready Network APIs Under Open Gateway Framework

Tata Elxsi, a global leader in design and technology services, and global mobile industry association, the GSMA have signed a Memorandum of Understanding (MoU) under the GSMA Fusion initiative to help accelerate enterprise API adoption. The collaboration also includes a global Statement of Requirements which aims to help mobile operators unlock new revenue streams by monetizing their networks through standardized APIs, enabling enterprise-ready services across key industries such as automotive, industrial, healthcare, and entertainment.

The two organizations will first focus on supporting enterprise demand in the automotive and drone sectors for new digital services and applications that can benefit from standardized Quality on Demand (QoD) APIs and other relevant network APIs that are available and likely to become available soon.

Driving the Network Monetization agenda for Future ready Telcos

Network monetization is a core pillar of Tata Elxsi’s AI First Telco strategy, designed to help operators move beyond connectivity and capture high-value enterprise opportunities. According to a recent market forecast by ResearchAndMarkets.com, the global network API market is projected to grow from $1.96 Billion in 2025 to $6.13 billion by 2030, driven by 5G adoption and enterprise digital transformation. This collaboration strategically positions Tata Elxsi to support operators in accelerating time-to-market for API-driven services, simplifying integration, and unlocking new monetization opportunities across multiple enterprise verticals and use cases.

Through its connection with Tata Elxsi, GSMA will help mobile operators in their delivery of scalable, programmable network services—such as QoD, location verification, and enhanced security—driven by regional and industry-specific enterprise needs. Leveraging GSMA’s Open Gateway framework and CAMARA-standardized APIs, Tata Elxsi will develop demand-driven use cases that utilize network APIs to address specific enterprise needs across key verticals.

In the automotive sector, use cases such as enhanced driver and cabin monitoring, rear-seat entertainment powered by QoD network APIs, location-based services, and KYC for passengers or drivers in shared mobility and fleet operations will be delivered to enterprise customers through Tata Elxsi’s Connected Digital Platform & Solutions, ensuring seamless integration and efficient consumption of network APIs.

Rajagopalan Rajappa, Chief Technology Officer – Communication Technologies & Platforms, Tata Elxsi, said, “This collaborative effort is a strategic offering to help telcos transform their value and value proposition for the future. By enabling operators to monetize their networks through standardized APIs, we help them unlock enterprise revenue with best-in-class integration, platform services and managed offerings from Tata Elxsi.”

Paresh Modi, Senior Director, GSMA Fusion, added: “We look forward to working with Tata Elxsi through the GSMA Open Gateway initiative. Their deep enterprise knowledge and expertise in systems integration and software innovation will play an important role in accelerating the adoption of mobile network APIs. As the mobile industry opens up new network capabilities, companies like Tata Elxsi will be essential in helping us understand enterprise needs, unlock value and scale new digital services across sectors, from automotive to digital entertainment.”

Strategic Focus Areas Under the MoU

Enterprise Demand Generation: Tata Elxsi publishes a Global Statement of Requirement for operators to drive global adoption of standardized APIs.

Technical Enablement: Integration of Open Gateway certified CAMARA APIs into Tata Elxsi’s TETHER platform for seamless enterprise connectivity.

Go-to-Market Acceleration: Joint engagement with mobile operators, pilot programs, and awareness campaigns through GSMA platforms.

Commercial Models: Tata Elxsi will propose API consumption and monetization models for OEMs and Operators, creating sustainable revenue streams.

About Tata Elxsi

Tata Elxsi is a global leader in design and technology services, enabling enterprises to reimagine their products and services through digital transformation. With deep expertise in telecom, automotive, healthcare, and media, Tata Elxsi delivers cutting-edge solutions that combine design thinking with advanced engineering. For more information, visit tataelxsi.com.

About the GSMA

The GSMA is a global organization unifying the mobile ecosystem to discover, develop, and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry, and society thrive. Representing mobile operators and organizations across the mobile ecosystem and adjacent industries, the GSMA delivers for its members across three broad pillars: Connectivity for Good, Industry Services and Solutions, and Outreach. This activity includes advancing policy; tackling today’s biggest societal challenges; underpinning the technology and interoperability that make mobile work; and providing the world’s largest platform to convene the mobile ecosystem at the MWC and M360 series of events.

BharatPe Launches BharatPeX to Reinvent Enterprise Payments with AI and In-App UPI

BharatPe Launches BharatPeX to Reinvent Enterprise Payments with AI and In-App UPI

BharatPe, India’s leading fintech company, today unveiled BharatPeX, its new PAPG-online brand that brings an ‘X-factor’ to how enterprises run payments. It combines a modern online payment gateway (Cards, Net Banking, UPI) with an implementation-first model that helps clients ship in-app UPI experiences faster, keep customer data within their own apps, and materially lift success rates.

Highlights

  • More than a gateway, it's an implementation squad plus an AI layer that de-risks compliance, compresses go-live timelines to a third, and lifts success rates while keeping customer data with the merchant. That’s the X-factor.
  • Next-gen payments stack. Built in Bharat, built for Bharat (and beyond): Full-stack collections and payouts designed for ecommerce, fintech, and enterprise scale.
  • BharatPeX.AI — expertise on tap: A first-of-its-kind virtual assistant delivering instant answers, journey prototypes (e.g., UPI Autopay, UPI Circle, UPI International) and reusable sample code to accelerate builds.
  • Compliance-first, bank-ready: Strong NPCI/bank navigation, secure-by-design architecture, and resilient rails powering reliable pay-ins, payouts, and BBPS.
  • Own the UPI experience: Seamless UPI (in-app via UPI Plug-in or a TPAP pathway), plus Cards, Net Banking, Wallets, and Credit on UPI—all tuned for higher conversion.
  • A dedicated triad for every client: Named Product, Tech, and Bank/NPCI points-of-contact partner end-to-end to make onboarding simple and integration effort ~1/3rd of typical cycles.

With technology and artificial intelligence at its core, the service comes bundled with BharatPeX.AI, which empowers enterprises with expertise on tap. The AI assistant provides clients with 24/7, consistent guidance on features, eligibility, and go-live steps across BharatPeX, NPCI, and partner banks. It also provides journey prototypes (e.g., UPI Autopay, UPI Circle, UPI International) and can generate sample code that teams can reuse.

Sandeep Indurkar, CEO – Payments, BharatPe, said, “Most enterprises want world-class payment systems but are wary of compliance, bank coordination, and long development cycles. With BharatPeX, we remove that friction. We don’t stop at an API—we deploy a specialist team and an AI-driven virtual assistant so our clients can enable UPI Plug-in or even scale to becoming TPAP-enabled—owning the user journey, the data, and the outcomes, which in turn lets them offer a seamless collections service and payment experience to their customers.” The company has already begun onboarding e-commerce, fintech, and enterprise clients in phases.

Designed to power growth at scale, BharatPeX combines collections, payouts, and enterprise-grade support into a single, secure platform, simplifying payments while multiplying impact. It promises outcome-oriented enablement, higher success rates, reduced go-to-market time, and data ownership for the merchant.

What makes BharatPeX different:

  1. Payments expertise, not just a gateway: A dedicated (Product/Tech/Relationship) squad partners with each client to design, integrate, and scale collections and payouts. The team navigates NPCI processes and partner banks, simplifying onboarding and cutting implementation effort to roughly one-third of typical cycles.
  2. In-app UPI at the core: While UPI already drives a large share of ecommerce transactions, most merchants still have to divert users to third party apps, losing visibility and control. BharatPeX helps clients run in-app UPI flows (via UPI Plug-in or TPAP), boosting success rates and ensuring customer data stays with the client.
  3. Built for eCommerce, fintech, and enterprises: From checkout orchestration to complex payout needs, BharatPeX is designed for scale and governed by a compliance-first approach aligned to applicable RBI/NPCI guidelines.
With BharatPeX, BharatPe positions itself as the go-to partner for enterprises navigating the fast-evolving digital economy, reinforcing India’s place at the global forefront of payments innovation.

BharatPe is the only fintech company in India with an NBFC license (Trillion Loans), a stake in a Small Finance Bank (Unity SFB), and an Online Payment Aggregator license.

Why should merchants adopt BharatPeX?Command the user experience:

  • Keep users in-app; reduce drop-offs and dependency on third-party apps
  • Own the data: Maintain visibility on key customer markers to drive retention and LTV
  • Ship faster: Cut integration effort to ~1/3rd with guided implementation and sample code
  • Scale confidently: A single partner to handle tech, bank coordination, and compliance nuances
  • Go beyond payments: Identify revenue opportunities tied to better payment experiences and customer delight

About BharatPeX:

BharatPeX is BharatPe’s online PAPG brand, purpose-built to bring the X-factor to enterprise payments by combining a full-stack gateway with hands-on implementation and AI-assisted expertise.

About BharatPe:

BharatPe (brand name of Resilient Innovations Pvt Ltd) was founded in 2018 to make financial inclusion a reality for Indian merchants. In 2018, it launched India’s first UPI interoperable QR code, the first zero MDR payment acceptance service. In 2020, post-Covid, BharatPe also launched a card acceptance terminal – BharatPe Swipe. Currently, with a registered network of over 1.7 crores merchants across 450+ cities, the company is one of the leading players in UPI offline transactions, processing 450 million+ UPI transactions per month. BharatPe processes payments of a monthly Transaction Processed Value of ₹12,000 crores. BharatPe Money (brand name of Resilient Digi Services Private Limited), a BharatPe Group Company, has already facilitated the disbursement of loans of over US$ 2 billion, in partnership with NBFCs. BharatPe’s POS business processes payments of over ₹27,000 crores annually on its 125,000+ machines.

India’s Clodura.AI Debuts GenAI GTM Platform to Streamline Sales Tech for Global Enterprises

India’s Clodura.AI Debuts GenAI GTM Platform to Streamline Sales Tech for Global Enterprises

Clodura.AI, an Indian GenAI SaaS company, has launched what it calls the country’s first GenAI-powered Go-to-Market (GTM) platform. Built in India and designed for global markets, the platform brings together enrichment, verification, buyer intelligence, intent signals, AI-led outreach, and calling into a single interface, aimed at reducing complexity and costs for sales teams.

Revenue and GTM teams worldwide are plagued by a universal pain: excessive, fragmented stacks of sales technology. Sales reps juggle multiple data sources, verifiers, engagement tools, and dialers, wasting time, inflating budgets, and lowering productivity. For years, the playbook has been predictable. Teams buy a single-database vendor like ZoomInfo or Apollo.io, then quickly realize one source is not enough. They add a verifier, add an outreach platform like Outreach, a call dialer and a Call Analysis tools such as Gong. Suddenly, the tech stack becomes six vendors deep, budgets spiral, and SDRs keep chasing unverified leads.

Sales professionals often rely on multiple vendors for databases, verification, engagement, and dialers. This fragmented approach increases costs, slows outreach, and adds layers of inefficiency. Clodura.AI’s unified platform seeks to address this challenge by offering an integrated system that connects with 50+ email and 20+ phone providers in real time, ensuring verified and accurate contacts.

AI agents built into the platform automate routine tasks such as drafting emails, sequencing campaigns, and follow-ups, freeing up sales representatives to focus on conversations that move deals forward.

Large enterprises and multinationals like Wipro, Reliance, PhonePe, ITC, Bosch, EY, Naukri, and Times Group have consolidated their GTM stacks with Clodura.AI, reporting stronger contact accuracy, improved call connect rates, speedier campaigns, and lower GTM costs.

Fragmented GTM stacks slow growth, increase costs, and frustrate teams,” said Kapil Khangaonkar, Founder & CEO of Clodura.AI.We solve this by uniting data, verification, intelligence, engagement, and closure in one Indian-built platform engineered for global scale. Clodura empowers teams to work smarter, faster, and with predictable outcomes.

Abhay Nawathey, CTO of Clodura.AI, added: “Data ages, verification cannot be static, and reps should not waste hours on busywork. Our AI platform seamlessly integrates multiple providers and automates follow-up sequences to create productive conversations.”

Clodura.AI exemplifies India’s AI leadership by solving a universal GTM pain point with innovation that scales globally”, said Somshubhro Pal Choudhury, Co-Founder & Partner at Bharat Innovation Fund.

India’s SaaS ecosystem has been steadily moving beyond its outsourcing legacy to building global products. Clodura.AI’s platform highlights this shift, positioning Indian-built technology as a credible alternative in the global GTM software space.

IBM's HashiCorp Debuts Real-Time Infrastructure Graph and Lifecycle Enhancements for Hybrid Cloud Automation

IBM's HashiCorp Debuts Real-Time Infrastructure Graph and Lifecycle Enhancements for Hybrid Cloud Automation

At HashiConf 2025, HashiCorp marked its 10th global conference—and its first as an IBM company—with a bold vision for the future of infrastructure automation. The company introduced a suite of Infrastructure and Security Lifecycle Management (ILM and SLM) capabilities and previewed Project infragraph, a strategic investment designed to enable agentic infrastructure across hybrid environments.

Project infragraph: A Real-Time Infrastructure Graph for AI-Ready Operations

  • Relational visibility across provisioning workflows and production environments
  • Tailored insights for platform and infrastructure teams to accelerate decision-making
  • Unified context for automation and policy enforcement
  • Agentic workflow readiness, enabling AI to reason about infrastructure state and propose remediation or optimization actions

Infrastructure and Security Lifecycle Enhancements

Infrastructure Lifecycle Management (ILM)

  • HCP Terraform Stacks (GA): Simplifies multi-component deployments
  • Terraform Search & Actions (Beta): Accelerates onboarding and automates Day 2 operations
  • MCP Server (Beta): Enables natural language interaction with Terraform registries
  • SBOM Storage & Image Provenance: Enhances supply chain security

Security Lifecycle Management (SLM)

  • HCP Boundary RDP Credential Injection (Beta): Secures remote access without exposing secrets
  • Vault Radar Jira Scanning & IDE Plugin (GA/Beta): Detects secrets earlier in the development cycle
  • Vault Dedicated Enhancements: Includes AWS PrivateLink, Azure DNS, and secrets inventory reporting
  • Vault MCP Server (Beta): Natural language interface for managing secrets

A Platform for Intelligent Infrastructure

HashiCorp’s latest product updates and the introduction of Project infragraph signal more than product momentum—they represent the evolution of a platform that can unify infrastructure and security data, and accelerate intelligent decision-making,” said Armon Dadgar, CTO and co-founder of HashiCorp.

IBM’s Dinesh Nirmal added, “Project infragraph is a major step toward infrastructure that can observe, reason, and act. By combining automation with real-time infrastructure intelligence, we are creating the control layer that unlocks the next era of AI-powered operations.”

Tech Mahindra Taps AMD to Power AI-Driven Infrastructure Across Hybrid and Multi-Cloud Ecosystems

Tech Mahindra Taps AMD to Power AI-Driven Infrastructure Across Hybrid and Multi-Cloud Ecosystems

Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced an agreement with AMD, the leader in high-performance and adaptive computing, to accelerate enterprise transformation through next-generation infrastructure, hybrid cloud, and AI adoption. The collaboration aims to empower enterprises across key sectors, including manufacturing, finance, telecommunications, and healthcare, to harness the full potential of AI-driven infrastructure.

Through this collaboration, Tech Mahindra will integrate AMD’s compute engines and infrastructure with its Cloud BlazeTech solution to drive AI adoption across enterprise workloads. It plans to develop new solutions to enable enterprises to optimize workloads across end-user devices, servers, and cloud infrastructure, including public, private, and hybrid environments. 

Mohit Joshi, CEO and Managing Director, Tech Mahindra, said, “Enterprises worldwide are scrambling to maximize ROI while navigating the complexity of hybrid and cloud-native ecosystems. Our strategic agreement with AMD is a step towards delivering next-generation hyper scalable solutions that seamlessly bridge on-site infrastructure with cloud-native capabilities. Through these solutions, we aim to enable customers to optimize performance across distributed environments without compromising speed, security, or control.”

Dr. Lisa Su, Chair and CEO, AMD said, “Together, AMD and Tech Mahindra will help enterprises accelerate their cloud transformation and AI adoption with the performance and efficiency they need to scale. By combining our EPYC processors and AMD Instinct accelerators with Tech Mahindra, we can create solutions that enable customers to deploy AI on compute infrastructure across hybrid and multi-cloud environments.”

Tech Mahindra and AMD are embarking on a multi-year collaboration with a comprehensive roadmap focused on infrastructure optimization and AI enablement. Leveraging leadership in compute and software capabilities from AMD, and Tech Mahindra's deep industry experience, this collaboration will empower customers to harness AI-driven innovation, delivering critical business value and operational outcomes.

About AMD

For more than 55 years AMD has driven innovation in high-performance computing, graphics and visualization technologies. Billions of people, leading Fortune 500 businesses and cutting edge scientific research institutions around the world rely on AMD technology daily to improve how they live, work and play. AMD employees are focused on building leadership high- 3 performance and adaptive products that push the boundaries of what is possible. For more information about how AMD is enabling today and inspiring tomorrow, visit the AMD (NASDAQ: AMD) website, blog, LinkedIn, Facebook and X pages. 

About Tech Mahindra 

Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 148,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative’s Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies.

EnterpriseTech SaaS Platform 6degree Raises Growth Capital From SucSeed Indovation Fund and 1Crowd

6degree Raises Growth Capital From SucSeed Indovation Fund and 1Crowd


6Degree, has secured an undisclosed amount in Fund raise led by Hyderabad headquartered SucSEED Indovation Fund and 1Crowd. The round also saw participation from Riso Capital, Keiretsu Forum and Angelbay.

Setup in 2015 by Nikhil Hegde and Amit Bhardwaj, 6Degree is one of the leading e-commerce enablement platforms focused on the fashion and lifestyle retail sector. 6Degree’s flagship product “Honeycomb” was launched in 2020 and offers an end to end suite of solutions for managing the online business of brands ranging from order & inventory management for D2C websites, third party marketplaces, payment & fulfillment solutions, and brand growth solutions.

A key differentiator from 6Degree is a blend of technology and growth solutions, backed with intelligent analytics, which empowers brands to make informed decisions on inventory planning and sales cycle management. 6Degree also offers detailed consumer analytics providing them a 360 degree view on their customers shopping trends and effective retargeting.

6Degree serves over 50 medium to large brands in the lifestyle space across India with names such as Inc5 Shoes, Centro, Madame, Ethnicity, and a lot more.

Nikhil Hegde, the Co-Founder and CEO of 6Degree said, ”We have been working with brands in the fashion & lifestyle space for over 7 years and have developed a detailed understanding on key elements that contribute to overall brand growth. With our full suite of Honeycomb solutions, brands can leverage our technology & scale-up abilities and deliver better buying experiences to their customers. We have continued to invest in our analytics and platform features, providing a plug & play solution for brands to manage their online business.

 
Nikhil Hegde, the Co-Founder and CEO of 6Degree
Nikhil Hegde, CEO - 6Degree

He further added that “The investment we raised from SucSEED Indovation Fund, 1Crowd and such established investors will help us in providing better omnichannel experiences for our brands. We are investing in our partner network and providing cross-border solutions to take our brand portfolio into a global audience.

The business has scaled quickly over the past year with over 3X growth in sales. We are also improving our positive unit economics. Seeing the strong demand for such solutions from this sector, we remain bullish on continued product adoption and will enable us to reach to profitability over the next 12 months”

Speaking on why they have invested Vikrant Varshney Co-Founder & Managing Partner of SucSEED Indovation Fund, said, “According to the Inc42 report, The Indian D2C market is expected to reach $100 Bn by 2025 at a CAGR of 25%, up from $33 Bn in 2020. 6Degree enables fashion and lifestyle brands via its proprietary platform to sell at multi-brand and online stores across geographies and scale their business, using actionable platform insights. It has built a strong network of fashion brands with more than 50+ brands and 100,000+ products sold.”

Vikrant further added, “Since the time we funded in their first round, 6Degree has been encouraging growth and has scaled their business rapidly with 200% growth in brands on the platform and 92%+ growth in GMV with INR 1000+ cr GMV in the pipeline over the next 2-3 years.”

Girichandra Kuchangi, Partner at 1Crowd commented: "Online brand presence, especially through own digital properties, is critical for lifestyle brands to be able to attract and own customers. Honeycomb, with its growing bouquet of features from tech tools to deep insights, and supported by a data-driven results-oriented team from 6Degree, is a great solution for lifestyle and fashion brands to establish their distinct online presence for the global audience. Nikhil & Amit have brought together a passionate team with deep expertise to build a one-stop shop to enable brands to quickly scale their omnichannel growth objectives."

SucSEED Indovation Fund (SIF) is an AIF Cat-1 Venture Capital Angel Fund with ₹100 crore corpus and has grown out of SucSEED Angel Network (SAN) and IIITH Tech Ventures, an early-stage tech seed initiative with IIIT Hyderabad Foundation. General Partners of the Indovation Fund have 100+ years of cumulative experience within technology, fund management, and start-up ecosystem and have already invested in 60+ startups. SIF attempts to support Indian Innovation for mass needs in the following Six (6) sectors - EdTech, FinTech, Health-tech, Security & RegTech, Enterprise & MSME SaAS and Digital Economy & Emerging Tech.

About 1Crowd -

1Crowd (1Crowd.co) is an early stage sector agnostic investment firm that operates a SEBI AIF Cat-1 VC (Angel fund) and an angel network. 1Crowd provides comprehensive support to startups through its ecosystem of partners, mentors and investor-members, who bring rich experience in diverse sectors. 1Crowd manages an AUM of over 170 crores across 35+ startups, with a diverse mix of enterprise tech / SaaS, fintech, cleantech, deeptech companies as well as consumer internet and D2C food brands.

Global Crypto Asset Management Platform Mudrex Launches API-based Enterprise Tech, ‘Crypto-as-a-Service’


This B2B offering will essentially allow enterprises to offer users a simple and secure crypto gateway

Mudrex, the San Francisco-based global crypto asset management platform, today launched an API-based Crypto-as-a-Service solution. This offering enables both traditional and crypto-specific brokers, portfolio management services, fintechs, etc to provide reliable and secure crypto investment products to their user base. With the launch of this product, Mudrex further solidifies its overarching vision to simplify crypto and present it as a reliable investment option to users across the globe.

‘Crypto-as-a-Service’ is a product that offers KYC, regulatory and compliance monitoring to brokerages. Custody, and processing of the cryptocurrency will be administered by Mudrex. The technological framework is entirely constructed and supported by the global platform. Mudrex is dedicated to bringing newer offerings in the crypto investment space that will allow users to access products in a systematic manner.

Additionally, it enables users to transact in cryptocurrencies using their preferred fiat currency, seamlessly allowing users to withdraw funds from a bank account to purchase cryptocurrency and convert them back into fiat currency in bank deposits. Through Custody and Wallet Services, the APIs will enable businesses to build a user-friendly custodial wallet platform.

Using this service, clients will be able to build a single central wallet for their company or an endless number of wallets for each of their users. At launch, Mudrex will support 70 different countries. This unique offering from Mudrex will provide a seamless experience for newer businesses venturing into the cryptocurrency sphere.

Commenting on the launch, Edul Patel, CEO & Co-founder of Mudrex, said, “Since inception, we at Mudrex have been at the forefront of providing a simple & secure infrastructure to users with value-added offerings for long term wealth creation. Mudrex’s latest addition is meant for B2B enterprises and is built in tandem with our larger mission. We observed that entering a growing market and providing cryptocurrency related products, considering all the legal, security, and compliance work, was a daunting task. ‘Crypto as a service’ is set to ease these complexities for entities who have an appetite for expansion. Businesses stand to benefit from the APIs as it offers a quicker, easier, and cost-effective transaction process and truly democratises access to crypto.

“Imagine credit card companies offering crypto rewards, investment platforms offering crypto investments, SIP style crypto savings products and much more. We are already working with multiple crypto and traditional finance fintech firms on different pilot offerings and on track to launch our first integration with a large investment management service by Feb 2022."

More details about the offering can be found on the Mudrex website

At present, Mudrex supports over 1500 crypto tokens alongside their ‘Mutual Fund’ style crypto offering, Coin Sets. The platform currently hosts over 50K active users worldwide, and has processed over $3 Bn of trading volume. The AUM stands at $15 million with a growth rate of 25% m-o-m over the last 10 months. Earlier this year, Mudrex raised a pre-seed round of $2.5 million led by Nexus Venture Partners, with participation from Village Global, Kunal Shah, Anand Chandrashekharan, and Anjali Bansal. Prior to that, the company raised $750,000 from Y Combinator, Better Capital, Woodstock Fund, and angels like Nitin Sharma and Anupam Mittal.

About Mudrex:

Launched in 2018, Mudrex has the vision of making crypto investing simple and long-term so that retail investors can benefit from the massive wave of wealth creation. Founded by Edul Patel (CEO), Alankar Saxena (CTO), Rohit Goyal (VP, Defi), Prince Arora (VP, Engineering), the Y-Combinator backed enterprise has established a robust investing platform that can be used by both newcomers and seasoned traders. The US-headquartered fintech startup aims to be the largest asset management platform for crypto investments.

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