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Dexif Raises $4M in Funding from RTP Global for Fixed Income Investment Marketplace

Chrissie Jonathan

Chrissie jonathan

03 May 2024

RTP Global, an early-stage venture fund, invests $4 million in Dexif's institutional funding round. The company aims to expand its fixed income investment marketplace, covering a wide range of risk levels in fixed income assets.

Dexif plans to scale up its operations, technology platform, and attract top talent. Co-founders Deepank Bhandari and Tushar Sharma, along with new addition Pallavi Bajaj, aim to address challenges in India's $2.2 trillion bond market through technology-driven solutions.

The startup, currently operating covertly, manages monthly investments of 300 crores INR. With a growing team of 50+ individuals, Dexif is poised to make a significant impact in the fixed income market, addressing issues related to price discovery and transparency.

According to Nishit Garg from RTP Global, Dexif's technology-driven approach has the potential to address challenges in the fixed income market and offer solutions for investors and institutions.