HomeCompaniesMochatrade
Mochatrade

US stock perps for global traders

Mochatrade lets global traders trade perpetual futures on US stocks with up to 20x leverage. Access 50+ US stocks including TSLA, NVDA, AAPL. Mocha is fully self-custodial and no US brokerage account is needed. Traders on-ramp in local currencies and get professional-grade execution on the world's most liquid equities. Starting with India (140M+ demat account holders), and expanding across other markets.
Active Founders
Parth Maheshwari
Parth Maheshwari
Founder
Cofounder and CTO at Mochatrade
Chetan Manda
Chetan Manda
Founder
Co-Founder and CPO at Mochatrade. Previously Director of Product at Sprinklr(NYSE:CXM), Cofounder/CEO at Meadow(Synthetic-user testing platform acq. by YC company). HCI grad from IIT G
Utkarsh Sinha
Utkarsh Sinha
Founder
CoFounder and CEO at MochaTrade. Building US stock trading for the globe. Built Martian Wallet in my Columbia Dorm Room, that scaled to 2M+ installs, raised $3.5M, and got acquired. Studied MS in CS at Columbia, and EECS at IIT KGP.
Company Launches
Mochatrade - US stock perps for Indian traders with up to 50x leverage
See original launch post

TL;DR: Mochatrade lets Indians trade perpetual futures on US stocks (TSLA, NVDA, AAPL, 50+ tickers) with up to 50x leverage. Deposit INR via UPI, trade and withdraw to your bank. No US brokerage, self-custodial.

The problem: India is the largest retail derivatives market in the world with ~60% of global equity derivatives volumes (~$30Bn per day), eclipsing the US market. 140M+ Indians hold trading accounts. They want US stock exposure but have been locked out.

Today they have three bad options:

  • Hold US stock as spot through regulated brokers (Vested, INDmoney) with offshore bank accounts: $250K remittance cap, T+2 settlement, no leverage, no shorting, not 24/7, painful Tax handling
  • Offshore CFD shops: opaque pricing, sketchy custody, no INR rail, regulatory black hole
  • Crypto Exchanges such as CoinDCX which are catered towards crypto audiences. Majority of Indian daytraders don't understand 'crypto wallets' and 'gas fees'.

Neither matches what an Indian F&O trader actually does and wants - every day leveraged derivatives, in INR.

Promo: https://www.youtube.com/watch?v=YGTRcZ2tgRM

What we built: The trading terminal these users already know, run on perpetual futures:

  • 50+ US stock perps + crypto + indices, up to 50x leverage. NVDA, TSLA, AAPL, META, GOOGL, SPY, plus BTC, ETH, SOL, plus index perps. One terminal, one balance.

    uploaded image

  • INR on-ramp and off-ramp via UPI. Withdraw to your KYC-verified bank in INR.

    uploaded image

  • Terminal-grade UI density built for serious traders. Fundamental Analysis for every stock, Advanced charts for Technical Analysis.

    uploaded image

  • Non-custodial wallets. Sub-second execution and deep liquidity, built on Hyperliquid.

  • Compliance: We're building it the right way. FIU-IND registration in flight, working with India's best law firm on regulatory architecture.

Who we are: Utkarsh (CEO), Chetan (CPO), Parth (CTO). IIT grads, close friends for 10 years. Previously built crypto wallet with 2M installs across 50+ countries, processing over $2Bn in volumes, successfully acquired by an exchange.

uploaded image

Our ask:

  • F&O / perps traders: join the waitlist at www.mochatrade.com
  • Operators in Indian fintech, crypto, or trader communities - would love to chat
  • We're closing a seed round; warm intros welcome

Contact us at: founders@mochatrade.com

YC Photos
Mochatrade
Founded:2026
Batch:Spring 2026
Team Size:3
Status:
Active
Location:New York
Primary Partner:Harj Taggar