MSE Bags ₹1,000 Crore to Power Next-Gen Trading Platforms

The Metropolitan Stock Exchange (MSE) has successfully raised ₹1,000 crore in its second round of capital fundraising, marking a significant step toward revitalizing its operations and enhancing its market infrastructure. The fresh infusion of funds was secured through a private placement involving prominent investors such as Peak XV Venture Partners Investments VII, Trust Investment Advisors, Pharma Ventures International LLP, along with several brokers and investment firms.

This capital raise comes amid intensifying competition in the equity derivatives market. MSE, alongside the National Commodity & Derivatives Exchange (NCDEX), which is currently raising ₹750 crore, is preparing to enter this lucrative segment, aiming to challenge the dominant duopoly of the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

In a significant leadership development, MSE shareholders have reappointed Latika Kundu as Managing Director and Chief Executive Officer (MD & CEO) for a three-year term. Kundu, who has successfully steered the exchange through critical phases in the past, will continue to lead strategic initiatives focused on transformation and growth.

The newly raised capital will be deployed to strengthen MSE’s market infrastructure, including the establishment of a dedicated data center to improve trading efficiency. Additionally, the funds will support the exchange’s expansion into new product offerings, notably in equity derivatives.

With these strategic moves, MSE aims to deepen liquidity in the equity cash segment and introduce innovative products and differentiated services, reinforcing its position as a competitive force in India’s financial markets.