TLDR:
Key Points:
- Dexif, a fixed-income investment start-up, secured $4 million in funding from RTP Global
- The funding will be used to modify its technology platform, expand business operations, and strengthen talent pool
In a recent report by the Economic Times, Dexif, a fixed-income investment start-up, announced that it has received a $4 million funding from early-stage venture capital firm RTP Global. This funding will be utilized to enhance the company’s technology platform, scale up its business operations, and bolster its talent pool. The company aims to expand the availability of fixed-income assets to meet the growing market demand.
CEO Deepank Bhandari highlighted that Dexif offers a range of fixed income investments in partnership with financial institutions like NBFCs. The start-up’s proprietary financial engineering technology enables the creation of novel fixed-income products with specific risk-reward profiles and durations, making it investor-friendly.
Dexif, founded in November 2022 by Deepank Bhandari and Tushar Sharma, operates in stealth mode to assist investors and companies in capital raising and securities investment through term loans, pass-through certificates, and non-convertible debts. RTP Global’s Nishit Garg emphasized the importance of technology-driven ecosystems like Dexif in addressing challenges in the fixed-income market, such as price discovery, investor accessibility, and transparency.
Pallavi Bajaj, a Chartered Accountant, joined Dexif as a co-founder in October 2023. The start-up’s focus on financial innovation and technology-driven solutions positions it for growth and success in the fixed-income investment space.
