Symphony Fintech

Mumbai, India Founded: 2009 • Age: 17 yrs
Automated trading solutions and market data connectivity are delivered.
Annual revenue $2.4M Latest available
Total funding $929,507 8 rounds
Employees 65 Tracked headcount
Investors 14 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About Symphony Fintech

Symphony Fintech is a company based in Mumbai (India) founded in 2009 by J P Gupta and Praveen Gupta. Symphony Fintech has raised $929.51 thousand across 8 funding rounds from investors including Chenoa Information Services, Manju Gupta and Kusum Gupta. The company has 65 employees as of August 20, 2024. Symphony Fintech offers products and services including XTS OEMS, XTS Algo Trader, XTS OTIS, QXFIX, and XFinChart. Symphony Fintech operates in a competitive market with competitors including Capitalise.ai, Wyden, Alpaca Securities, Streak and Composer, among others.

  • Headquarter Mumbai, India
  • Employees 65 as on 20 Aug, 2024
  • Founders J P Gupta, Praveen Gupta
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Website
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  • Legal Name Symphony Fintech Solutions Private Limited
  • Date of Incorporation 07 Sep, 2001
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.35 M (USD)
    74.28
    as on Mar 31, 2024
  • Net Profit
    $214.87 K (USD)
    214.34
    as on Mar 31, 2024
  • EBITDA
    $606.57 K (USD)
    77.72
    as on Mar 31, 2024
  • Total Equity Funding
    $929.51 K (USD)

    in 8 rounds

  • Latest Funding Round
    $118.66 K (USD), Angel Round

    Aug 05, 2021

  • Investors
  • Employee Count
    65

    as on Aug 20, 2024

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Products & Services of Symphony Fintech

Symphony Fintech offers a comprehensive portfolio of products and services, including XTS OEMS, XTS Algo Trader, XTS OTIS, QXFIX, and XFinChart.

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Primary

Advanced system for multi-asset order and execution management

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Platform to develop and deploy automated trading strategies

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Dashboard for offline trading status observation

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Tool for FIX-based market data and trading connections

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Library for stock market data visualization in applications

Funding Insights of Symphony Fintech

Symphony Fintech has successfully raised a total of $929.51K across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $118.66 thousand completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Symphony Fintech

Symphony Fintech has secured backing from 14 investors, including angel and institutional investors. Prominent investors backing the company include Chenoa Information Services, Manju Gupta and Kusum Gupta.

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Institutional
Angel
Investor Description Founded Year Domain Location
Healthcare IT services are provided for software planning and integration.
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Manju Gupta

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Kusum Gupta

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Investor details for Symphony Fintech

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Investments & Acquisitions by Symphony Fintech

Investments
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Investment portfolio details for Symphony Fintech

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Financial Statements - Symphony Fintech

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Detailed financials for Symphony Fintech

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Symphony Fintech Comparisons

Symphony Fintech Primary company
Description
Automated trading solutions and market data connectivity are...
Location
Mumbai, India
Founded Year
2009
Annual Revenue
$2.35 M (USD)
Net Profit
$214.87 K (USD)
EBITDA
$606.57 K (USD)
Employees
65
As of 2024
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Peer comparison for Symphony Fintech

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Competitors of Symphony Fintech

Symphony Fintech 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 Capitalise.ai, Wyden, Alpaca Securities, Streak and Composer, among others.

Company Name Domain Founded year HQ Location Description
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AI-based trading automation is offered to brokerage firms.
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Digital asset trading technology is provided through a specialized platform.
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Commission-free stock trading platform with algorithmic tools is operated.
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Algo trading platform for stocks
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Platform provides automated trading strategy creation, backtesting, and execution for securities and crypto
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Algorithmic trading is enabled via cloud-based research, backtesting, and deployment.
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Detailed competitors of Symphony Fintech

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Latest news on Symphony Fintech

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Complete news archive for Symphony Fintech

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Frequently Asked Questions about Symphony Fintech

Symphony Fintech was founded in 2009.

Symphony Fintech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Praveen Gupta is the current CEO of Symphony Fintech. They have also founded this company.

Symphony Fintech is a funded company, having raised a total of $929.51K across 8 funding rounds to date.

As of Aug 20, 2024, the latest employee count at Symphony Fintech is 65.

Annual revenue of Symphony Fintech is $2.35M as on Mar 31, 2024.

Founded in 2009 and based in Mumbai, India, Symphony operates in the financial technology sector. Multi-asset order management systems, algorithmic trading platforms, and FIX connectivity solutions are developed for market participants. Tools for order execution, risk management, and market data visualization are offered, along with co-location services and professional support. Efficient trading across various asset classes is enabled through these operations.

Symphony Fintech's top competitors include Capitalise.ai, Wyden and Alpaca Securities.

Symphony Fintech offers XTS OEMS, XTS Algo Trader, XTS OTIS, QXFIX, and XFinChart.

Symphony Fintech has 14 investors. Key investors include Chenoa Information Services, Manju Gupta, Kusum Gupta, Mandar Walavalkar, and Lakshmendra Agrawal.

The valuation of Symphony Fintech is $4.67M as of Oct 2018.

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