Mudrex raises $2.5 mn in seed round led by Nexus Venture Partners

Bengaluru and San Francisco-based crypto asset management platform Mudrex has raised $2.5 million in a seed round led by Nexus Venture Partners with participation from Village Global, Kunal Shah, Anand Chandrashekharan, and Anjali Bansal. The company had earlier raised $750,000 from Y Combinator, Better Capital, Woodstock Fund, and angels like Nitin Sharma and Anupam Mittal.

Mudrex provides a platform for crypto investing by providing investment products modeled along the lines of ‘mutual funds’ and ‘ETFs’ for long-term wealth creation. The funds raised will help Mudrex in scaling up the team and operations, acquiring global regulatory compliances and creating innovative products.