Dexif, an emerging player in the fixed-income investment arena, has recently garnered a $4 million investment from RTP Global, an early-stage venture capital firm. This financial boost is earmarked for enhancing its technological infrastructure, scaling business operations, and recruiting top-tier talent.
With an eye on market demands, Dexif plans to broaden the scope of accessible fixed-income assets. Deepank Bhandari, the CEO of Dexif, notes that the company offers a spectrum of fixed-income investment products, catering to various risk preferences.
Bhandari explains, Primarily, we are focused on serving financial institutions, particularly NBFCs, in their capital-raising endeavors.
At its core, Dexif has developed a proprietary financial engineering technology that facilitates the creation of innovative fixed-income products. These offerings are designed with precise risk-reward profiles and durations suitable for investor preferences. Currently in stealth mode, Dexif assists investors and businesses in securing funds and investing through instruments such as term loans, pass-through certificates, and non-convertible debts.
Nishit Garg, a partner with RTP Global’s Asia investment team, comments on the challenges within the fixed-income market, which include price discovery, accessibility, and transparency. Garg emphasizes the potential of technology-driven platforms like Dexif to address these challenges effectively.
Founded by Deepank Bhandari and Tushar Sharma in November 2022, Dexif added a new dimension to its leadership with the inclusion of Pallavi Bajaj, a Chartered Accountant, as a co-founder in October 2023. Bhandari, who previously served as vice president of the supply chain at Blinkit, brings his extensive expertise to the venture.
