Algowire

Delhi, India Founded: 2012 • Age: 14 yrs Acquired By Share India
Algorithmic trading solutions are developed for high-frequency operations.
Annual revenue $574,017 Latest available
Total funding - Funding intelligence
Employees 13 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Algowire Trading Technologies Private Limited
  • Date of Incorporation 11 May, 2012
  • Jurisdiction Noida, Uttar Pradesh, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $574.02 K (USD)
    19.18
    as on Mar 31, 2023
  • Net Profit
    $120.99 K (USD)
    29.21
    as on Mar 31, 2023
  • EBITDA
    -$43.98 K (USD)
    21.33
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    13

    as on Apr 08, 2024

  • Acquired by
    Share India

    (Sep 23, 2021)

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Funding Insights of Algowire

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Investors in Algowire

Algowire has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Share India.

All
Institutional
Investor Description Founded Year Domain Location
Online trading platform for multi-assets
Locked Locked Locked
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Investments & Acquisitions by Algowire

Investments
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Investment portfolio details for Algowire

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Financial Statements - Algowire

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Algowire Comparisons

Algowire Primary company
Description
Algorithmic trading solutions are developed for high-frequen...
Location
Delhi, India
Founded Year
2012
Annual Revenue
$574.02 K (USD)
Net Profit
$120.99 K (USD)
EBITDA
-$43.98 K (USD)
Employees
13
As of 2024
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Peer comparison for Algowire

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
API-based automated trading solutions are offered to brokers.
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Trade management solutions are offered for multi-asset trading activities.
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Algorithmic trading and financial services utilizing advanced machine learning technology.
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End-to-end systematic trading solutions with ultra-low latency are provided.
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Provides algorithmic trading solutions for multiple assets.
Locked Locked Locked
Cloud-based algorithmic trading software is offered for capital markets.
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Detailed competitors of Algowire

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Latest news on Algowire

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Frequently Asked Questions about Algowire

Algowire was founded in 2012.

Algowire is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

As of Apr 08, 2024, the latest employee count at Algowire is 13.

Annual revenue of Algowire is $574.02K as on Mar 31, 2023.

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.

Algowire's top competitors include Lemon Markets, Tradefeedr and QuantHouse.

Algowire has 1 investor. Key investors include Share India.

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