About Start Algo
Start Algo is a Technology company based in Indore (India) founded in 2020. It operates an algorithmic trading platform for a variety of assets. It operates on a B2C model. Its Indian entity Start Algo Information Technology Private Limited reported revenue of ₹12.9 Lakh. Its focus areas include Finance, FinTech, Trading Platforms and Algorithmic Trading. Its competitors include AlgoBulls, Cogmac and NX Block Trades; 1 of its 3 listed competitors has raised funding.
Company details
Start Algo operates an algorithmic trading platform for a variety of assets through finance, innovating financial technology, trading platforms, and algorithmic trading. 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 Indore, India
- SectorsTechnology
- Website startalgo.com
- Legal Name Start Algo Information Technology Private Limited
- Date of Incorporation 30 May, 2022
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹12.9 Lakh
FY 2025 · -98% YoY
- Net Loss-₹40 Lakh
FY 2025 · -310% margin
- EBITDA-₹26.3 Lakh
FY 2025 · -204% margin
Associated legal entities of Start Algo
Start Algo operates through Start Algo Information Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Start Algo Information Technology Private Limited CIN U72900MP2022PTC061143 | Active | 30 May 2022 | Indore, Madhya Pradesh | ₹0.1 Cr | 27 | 2 | View details |
Board of directors of Start Algo Information Technology Private Limited (Start Algo)
Start Algo Information Technology Private Limited is the primary company behind Start Algo. The board of Start Algo Information Technology Private Limited currently have 2 directors; the longest-serving is Jay Sharma, appointed in 2022. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jay Sharma DIN 09625152 | Director | 30 May 2022 | 4 yrs 4 mo | Start Algo Information Technology Private Limited |
| Sairam Patidar DIN 10553136 | Director | 15 Mar 2024 | 2 yrs 7 mo | Start Algo Information Technology Private Limited |
Financials of Start Algo
Figures of Start Algo Information Technology Private Limited, the primary company behind Start Algo, for FY 2025. Revenue was ₹12.9 Lakh (-98% year on year). Net loss was -₹40 Lakh (-310% margin). EBITDA was -₹26.3 Lakh (-204% margin).
- ₹12.9 LakhRevenue · FY 2025 · -98% YoY
- -₹40 LakhNet loss · -310% margin
- -₹26.3 LakhEBITDA · -204% margin
- ₹1 LakhPaid-up capital
- 27Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Start Algo Information Technology Private Limited are on its company page.
Detailed financial statements for Start Algo
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Competitors of Start Algo
Start Algo 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 Start Algo
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- Full competitor set
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Top companies in AI in Financial Services
3 companies that operate in the same segment as Start Algo (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 88.57 M | 1 | ||
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 Start Algo
Start Algo was founded in 2020.
Start Algo is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
The primary company behind Start Algo, Start Algo Information Technology Private Limited, reported revenue of ₹12.9 Lakh for FY 2025, down 98% year on year.
Start Algo operates an algorithmic trading platform for a variety of assets through finance, innovating financial technology, trading platforms, and algorithmic trading. 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.
Start Algo's top competitors include AlgoBulls, Cogmac and NX Block Trades.
Start Algo operates through Start Algo Information Technology Private Limited.
The legal entities of Start Algo currently have 2 directors, including Sairam Patidar, Jay Sharma.