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Fantasy Trading League raises Rs 2.24 crore in seed round

The FTL aims to use the funds to introduce multiple asset classes such as commodities and bonds, for team expansion and customer acquisition.

February 12, 2022 / 04:06 PM IST
allows traders to test their strategies in a simulated market environment while participating in games that involve real money. [Representative image]

allows traders to test their strategies in a simulated market environment while participating in games that involve real money. [Representative image]

Financial edu-gaming platform Fantasy Trading League (FTL), on February 12, announced to have raised Rs 2.24 crore in a seed round led by Artha Venture Fund (AVF). SAT Industries and angel investor Akhil Jalan also participated in the round.

The FTL aims to use the funds to introduce multiple asset classes such as commodities and bonds, for team expansion and customer acquisition. Apart from this, FTL will also include multilingual educational content on the basics of trading and investing, and in-depth market analysis, among other aspects.

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“We were blown away by the significant white space in the industry that could be leveraged to engage with budding and existing investors, who are interested in the financial markets but are hesitant in exploring the prospect headlong – especially in tier 2-3 markets. Being a customer-first company, we wanted to give them a non-volatile space where they could hone their strategies and skills,” Fantasy Trading League C0-Founder Shahzaib Ahmed said in a statement.