About Algowire
Algowire is a company based in Delhi (India) founded in 2012 by Bhavya Vijay and Bhavya Arnav was acquired by Share India in September 2021.. The company has 13 employees as of April 08, 2024. Algowire operates in a competitive market with competitors including Lemon Markets, Tradefeedr, XTX Markets, QuantHouse and Tradetron, among others.
- Headquarter Delhi, India
- Employees 13 as on 08 Apr, 2024
- Founders Bhavya Vijay, Bhavya Arnav
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Algowire Trading Technologies Private Limited
- Date of Incorporation 11 May, 2012
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$574.02 K (USD)19.18as on Mar 31, 2023
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Net Profit
$120.99 K (USD)29.21as on Mar 31, 2023
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EBITDA
$-43.98 K (USD)21.33as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
13
as on Apr 08, 2024
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Acquired by
Share India
(Sep 23, 2021)
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Funding Insights of Algowire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Algowire
Algowire has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Share India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Online trading platform for multi-assets
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Algowire
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Algowire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algowire Comparisons
Competitors of Algowire
Algowire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lemon Markets, Tradefeedr, XTX Markets, QuantHouse and Tradetron, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
API-based automated trading solutions are offered to brokers.
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| domain | founded_year | HQ Location |
Trade management solutions are offered for multi-asset trading activities.
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| domain | founded_year | HQ Location |
Algorithmic trading and financial services utilizing advanced machine learning technology.
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| domain | founded_year | HQ Location |
End-to-end systematic trading solutions with ultra-low latency are provided.
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| domain | founded_year | HQ Location |
Provides algorithmic trading solutions for multiple assets.
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| domain | founded_year | HQ Location |
Cloud-based algorithmic trading software is offered for capital markets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Algowire
Frequently Asked Questions about Algowire
When was Algowire founded?
Algowire was founded in 2012.
Where is Algowire located?
Algowire is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
How many employees does Algowire have?
As of Apr 08, 2024, the latest employee count at Algowire is 13.
What is the annual revenue of Algowire?
Annual revenue of Algowire is $574.02K as on Mar 31, 2023.
What does Algowire do?
Algowire is an analytics and consulting firm that provides analytics and advisory services to proprietary trading houses, banks, hedge funds and financial institutions in India, US and Europe. Develops algorithms and create architectures to provide minimum latency. Enables proprietary trading shops to blackbox their trading strategies on, Tachyon, its Low Latency trading platform. Provides software products targeting high frequency trading, from market feeds to order execution engines and analytics. Also develops proprietary customized algorithm kernels for special requirements. Founded by IIT Delhi alum and ex-HSBC employee.
Who are the top competitors of Algowire?
Algowire's top competitors include Lemon Markets, Tradefeedr and QuantHouse.
Who are Algowire's investors?
Algowire has 1 investor. Key investors include Share India.