TradeX, predictions market startup, raises Seed round of $1 mn from TDV Partners, SoMa Capital, others
Summary
Gurgaon based TradeX, a predictions market platform, has raised a Seed round of $1 million from TDV Partners, SoMa Capital and marquee investors like Maninder Gulati, Anupam Mittal, Rajesh Shawney, Hitesh Chawla, Cem Garih, Justin Mateen, Fethi and few others. TradeX, a platform for the Bharat audience, aims to solve the problem by creating an event based predictions market, it said in a press statement. Divij Goyal, co-founder of TradeX mentioned, "We are building the platform with a vision to build a single source of truth where people can build perspective from what the masses are thinking. With wide social media penetration, misinformation or lack of information, we end up building one-sided views. The company has launched various events across different categories like entertainment, finance, news, sports, etc.
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