Ex-Blinkit Exec’s Startup Dexif Raises $4 Million in Institutional Funding Led by RTP Global

• ByStartupStory     |    May 2, 2024

Dexif, a pioneering fixed income products platform, has secured $4 million in its first institutional funding round led by RTP Global. The investment marks a significant milestone for the Noida-based startup, which had previously raised approximately $1 million from RTP Global and angel investors.

The funding will be instrumental in Dexif’s strategic growth plans, focusing on scaling its cutting-edge technology platform, attracting top-tier talent, and significantly expanding its business operations. As reported by Economic Times, this infusion of capital is expected to fuel a four to five-fold increase in Dexif’s market presence and capabilities.

Co-founded by Deepank Bhandari and Tushar Sharma, Dexif operates a dynamic fixed income securities marketplace that bridges companies, financial institutions seeking debt financing, and prospective investors. Dexif’s offerings span a diverse risk spectrum of fixed income securities, including sovereign-rated instruments.

Dexif operates discreetly and has been facilitating investments totaling approximately Rs 300 crore per month, underlining its rapid growth and impact within India’s financial ecosystem.

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