MochaTrade: Innovative Trading Platform for Perpetual Futures

MochaTrade stands out as a global trading platform dedicated to perpetual futures associated with US stocks, commodities, and indices. Recently, it secured an undisclosed pre-seed funding round through Y Combinator and Pioneer Fund, part of Y Combinator’s Spring 2026 cohort. This funding will be allocated towards developing the trading engine and risk management systems, fulfilling regulatory and compliance requirements, and enhancing go-to-market strategies.

Details of MochaTrade’s Platform

Founded by Utkarsh Sinha, Chetan Manda, and Parth Maheshwari, MochaTrade is creating a mobile-first platform. This platform intends to provide qualified users with leveraged exposure to assets like Apple, Tesla, gold, and the S&P 500 via perpetual futures offerings. The design of the platform encourages continuous trading and immediate settlement of transactions, which enables users to reinvest capital straight after closing positions.

Launch Plans and Growth Strategy

MochaTrade aims to roll out its services initially in developing markets, pending regulatory approvals and compliance with local laws. The founding team boasts experience from various fintech and consumer technology companies. Notably, Utkarsh Sinha previously co-founded Martian Wallet, while Chetan Manda has experience from Sprinklr, and Parth Maheshwari has worked at Adobe and Navi.