About Effte
Effte was a Technology company based in Mumbai (India) founded in 2013. It offers an algorithmic trading system built on open-source software for efficient trading. It operates on a B2B model. The company is recorded as dissolved. Its focus areas include Financial Services, Trading, Algorithmic Systems and Open-Source Software. Its legal entity in India is Effte Technologies Private Limited (U72900MH2014PTC253588). Its competitors include AlgoBulls, Cogmac and NX Block Trades; 1 of its 3 listed competitors has raised funding.
Company details
Effte offers an algorithmic trading system built on open-source software for efficient trading through offering financial products and advice, trading, algorithmic systems, and open-source software. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- SectorsTechnology
- Website effte.co
- Legal Name Effte Technologies Private Limited
- Date of Incorporation 25 Feb, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4,600
FY 2018 · -99% YoY
- Net Loss-₹79,362
FY 2018 · -1725% margin
- EBITDA-₹70,088
FY 2018 · -1524% margin
Associated legal entities of Effte
Effte operates through Effte Technologies Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Effte Technologies Private Limited CIN U72900MH2014PTC253588 | Strike Off | 25 Feb 2014 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Board of directors of Effte Technologies Private Limited (Effte)
Effte Technologies Private Limited is the primary company behind Effte. The board of Effte Technologies Private Limited currently have 2 directors; the longest-serving is Nishant Ranjan, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nishant Ranjan DIN 06701426 | Director | 25 Feb 2014 | 12 yrs 8 mo | Effte Technologies Private Limited |
| Santosh Subhash Pawar DIN 07785300 | Director | 16 Dec 2017 | 8 yrs 10 mo | Effte Technologies Private Limited |
Financials of Effte
Figures of Effte Technologies Private Limited, the primary company behind Effte, for FY 2018. Revenue was ₹4,600 (-99% year on year). Net loss was -₹79,362 (-1725% margin). EBITDA was -₹70,088 (-1524% margin). Revenue has grown at a compounded annual rate of -85% over three years.
- ₹4,600Revenue · FY 2018 · -99% YoY
- -₹79,362Net loss · -1725% margin
- -₹70,088EBITDA · -1524% margin
- ₹1 LakhPaid-up capital
- -85%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Effte Technologies Private Limited are on its company page.
Detailed financial statements for Effte
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Verified entity values are shown only after access is granted.
Competitors of Effte
Effte has 3 listed competitors in our database, 1 of them funded. They include AlgoBulls, Cogmac and NX Block Trades.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| algobulls.com | 2019 | Mumbai, India | $2.82M | Algorithmic trading platform is provided for strategy development and deployment. | ||
| cogmac.com | 2015 | Noida, India | 22 | AI-based solutions are offered for trading and financial research. | ||
| nx-block.com | 2007 | Noida, India | 59 | Offers AI-driven proprietary trading and risk management services. |
Detailed competitors of Effte
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in AI in Financial Services
3 companies that operate in the same segment as Effte (AI in Financial Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Develops high-frequency trading systems and algorithms for global markets. | 2011 | Gandhinagar, Gujarat, India | USD 207.39 M | 208 | ||
Offers online stock market training courses for beginners and advanced learners. | 2016 | Mumbai, Maharashtra, India | USD 12.08 M | 31 | ||
Software development and IT solutions in finance, travel, and other sectors. | 2016 | Rajkot, Gujarat, India | USD 130.67 K |
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Frequently Asked Questions about Effte
Effte was founded in 2013.
Effte is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Effte, Effte Technologies Private Limited, reported revenue of ₹4,600 for FY 2018, down 99% year on year.
Effte offers an algorithmic trading system built on open-source software for efficient trading through offering financial products and advice, trading, algorithmic systems, and open-source software. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Effte's top competitors include AlgoBulls, Cogmac and NX Block Trades.
Effte operates through Effte Technologies Private Limited.
The legal entities of Effte currently have 2 directors, including Santosh Subhash Pawar, Nishant Ranjan.