Defy is building India's first social crypto exchange.

Basic Information

Defy, founded by Bhagaban Behera, Sriharsha Setty and Nakul Kelkar, aims to disrupt the cryptocurrency space in India with a social and community-based approach. People can use the social channel to interact and follow experts for investment strategies while also keeping track of their friends’ portfolios. Defy also aims to educate users with gamified content and social conversations around crypto. It will allow investors to follow other users and also replicate their portfolios. See more

Legal Name

:

Defy Club

Headquarters

:

Bangalore, Karnataka, India

Founding Date

:

2021

No. of Employees

:

11 to 20

Core Team

:
1.

Bhagaban Behera

Co-Founder & CEO

2.

Nakul Kelkar

Co-Founder & COO

3.

Sriharsha Setty

Co-Founder & CTO

Funding

Total Funding

$5.5M

Investors

:

1.

GMO Venture Partners

2.

Better Capital

3.

Goodwater Capital

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Detail Round Breakdown

Round 1

$5.5M

Series Name

:

SEED

Date

:

19th Nov 2021

Investors

:
1.

JAM Fund

2.

Goodwater Capital

3.

Goat Capital

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