TradingLeagues

TradingLeagues is a fantasy stock market gaming application operated by RAIN Technologies and its parent, Rain Platforms Inc. It was founded in 2022 by Raghu Kumar, a co-founder of Upstox, along with Harsh Agarwal and Kanishk Agarwal. Raghu Kumar's experience in the brokerage industry with Upstox informed the creation of TradingLeagues, which aims to introduce financial markets to a broader audience in India by removing barriers like the need for a brokerage account.

The company provides a gamified platform where users can learn about and interact with financial markets, including Indian and US stocks and cryptocurrencies. Users can participate in free and paid fantasy trading leagues to develop and test investment strategies, predictions, and general stock market skills. The app offers various game formats, such as head-to-head battles and portfolio management challenges, that use real-time market data. The platform is designed to be accessible to beginners, particularly targeting users aged 18-25 in tier II and III cities in India.

The business model is B2C, generating revenue through entry fees for paid games and by taking a percentage of the competition's prize pool. TradingLeagues has secured significant funding, including a $3.5 million pre-Series A round in June 2023 and a subsequent seed round in February 2024, bringing its total funding to $9 million from investors like Leo Capital and WestBridge Capital. Headquartered in Bengaluru, India, while being legally registered in the US, the company has plans to expand into the US market.

Keywords: fantasy gaming, stock market game, cryptocurrency game, fintech, gamification, financial literacy, virtual trading, investment education, mobile gaming, day trading simulation, portfolio management game, real-time data, online competitions, Indian stocks, US stocks, crypto trading, skill-based gaming, Rain Platforms, Raghu Kumar, Harsh Agarwal