About uTrade
uTrade is a Technology company based in Chandigarh (India) founded in 2011 by Kunal Nandwani and Ashish Grover, and was acquired by Share India in November 2021. Multi-asset trading platforms are offered for institutional and retail investors. uTrade has raised $1.02 million across 7 funding rounds from investors including Share India, Nitin Jindal and Amit Gupta. The company has 120 employees. uTrade was last valued at $4.73 million in October 2014. Its chief executive, as recorded, is Kunal Nandwani. Its Indian entity Utrade Solutions Private Limited reported revenue of ₹17.67 Cr. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Its competitors include Liquide Solutions, TRDR and Meru Capitals; 2 of its 3 listed competitors have raised funding.
Company details
uTrade was founded in 2011 in Chandigarh, India, as a FinTech company focused on capital markets. Multi-asset platforms are provided for institutional investors and proprietary traders, including risk management and low-latency algorithmic trading tools. Online and mobile platforms are supplied to retail brokers. Services for buy-side and sell-side institutions encompass trading, compliance, and market data, with workflows integrated and trading processes automated to support operations.
- Headquarters Chandigarh, India
- Employees 120
- Founders Kunal Nandwani, Ashish Grover
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website utradesolutions.com
- Social LinkedIn X Facebook YouTube
- Acquired by Share India (Nov 2021)
- Legal Name Utrade Solutions Private Limited
- Date of Incorporation 02 May, 2011
- Jurisdiction Chandigarh, India
- Annual Revenue₹17.67 Cr
FY 2025 · +14% YoY
- Net Profit₹62.2 Lakh
FY 2025 · 4% margin
- EBITDA₹2.93 Cr
FY 2025 · 17% margin
- Total Equity Funding$1.02M (USD)
in 7 rounds
- Latest Funding Round$161.73K (USD), Angel Round
Oct 2014
- InvestorsShare India
& 22 more
- Employee Count120
- Acquired byShare India
(Nov 2021)
Associated legal entities of uTrade
uTrade operates through Utrade Solutions 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 |
|---|---|---|---|---|---|---|---|
| Utrade Solutions Private Limited CIN U72900CH2011PTC032916 | Active | 02 May 2011 | Chandigarh, Chandigarh | ₹17.7 Cr | 120 | 4 | View details |
Apps and channels of uTrade
its YouTube channel uTrade Solutions has 383 subscribers and 27 videos.
Videos from uTrade
The most watched videos on uTrade's YouTube channel, uTrade Solutions (383 subscribers). Click a video to play it here.
More on uTrade Solutions.
Funding Insights of uTrade
uTrade has successfully raised a total of $1.02M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $161.73 thousand completed in October 2014. 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.
- Total Funding $1.02M
- Total Rounds 7
- Last Round Angel Round — $161,727
- First Round $325,745
(Sep 2011)
- Investors Count 22
All 7 funding rounds of uTrade with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2014 | $161,727 | Angel Round | $4.73M | Nitin Jindal, Amit Gupta | – |
| Aug 2014 | $24,395 | Angel Round | $1.03M | Aiysha Ahmed | – |
| Mar 2014 | $71,663 | Angel Round | $••••• | Zaid Hammoud | |
| Apr 2013 | $18,458 | Angel Round | $••••• | Sarvapreet Bedi | – |
| Oct 2012 | $94,212 | Seed | $••••• | Axis Capital Partners | – |
| Mar 2012 | $325,113 | Seed | $••••• | Axis Capital Partners | |
| Sep 2011 | $325,745 | Angel Round | $••••• | Aakash Arora, James Dawson |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2014 | $4.73M | •••••••• |
| Aug 2014 | $1.03M | •••••••• |
| Mar 2014 | $••••• | •••••••• |
| Apr 2013 | $••••• | •••••••• |
| Oct 2012 | $••••• | •••••••• |
| Mar 2012 | $••••• | •••••••• |
| Sep 2011 | $••••• | •••••••• |
Full valuation and stage history of uTrade
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.73M (Oct 2014). 23 investors in total: 3 institutional and 20 angel.
Investors in uTrade
uTrade has secured backing from 23 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Share India, Nitin Jindal and Amit Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed & early stage focused VC firm investing in the US, India & China | axis-cap.com | Hong Kong, China | ||
Industrial inspection and contracting services are provided by the company. | 1964 | johnllowery.com | Baton Rouge, United States | |
Online trading platform for multi-assets | 1994 | shareindia.com | Noida, India | |
NJ Nitin Jindal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_034dff5c780a4904b | ||
AG Amit Gupta | Founder of Asianet News, active angel investor in Indian startups | unknown_2f707107cf814c25b | ||
AA Aiysha Ahmed | unknown_cf0f1bb9ad2e47379 | |||
MA Mohit Agarwal | unknown_917efb29aab54ac09 | |||
ZH Zaid Hammoud | unknown_7a18bf30d2a14124b | |||
JD James Dawson | unknown_917a4aabd3164526a | |||
SB Sarvapreet Bedi | unknown_599f7a5b21814f25b |
Investor details for uTrade
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Utrade Solutions Private Limited (uTrade)
Utrade Solutions Private Limited is the primary company behind uTrade. The board of Utrade Solutions Private Limited currently have 4 directors; the longest-serving is Ashish Grover, appointed in 2014. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashish Grover DIN 06959333 | Director | 27 Aug 2014 | 12 yrs 2 mo | Utrade Solutions Private Limited |
| Kunal Nandwani DIN 03506302 | Nominee Director | 11 Dec 2021 | 4 yrs 10 mo | Utrade Solutions Private Limited |
| Himani Rushabh Shah DIN 03535160 | Nominee Director | 11 Dec 2021 | 4 yrs 10 mo | Utrade Solutions Private Limited |
| Abhinav Gupta DIN 07377061 | Nominee Director | 11 Dec 2021 | 4 yrs 10 mo | Utrade Solutions Private Limited |
People of uTrade
29 people are tracked at uTrade (6 in leadership, 23 in team); the tracked headcount is 120.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Taniya Sharma | Senior Vice President Quality | Leadership |
Jasmeet Puri | Sr VP Software Engg | Leadership |
Gaurav Goyal | Vice President Operations | Leadership |
Sushil Dhiman | VP Of Quality Assurance And Delivery | Leadership |
Shivam Jatana | Quality Analyst | Team |
Nikhil Rana | Business Analyst -operations | Team |
Virendra Mandhotra | Lead Operations Engineer | Team |
Gautam Rohilla | Software Engineer In Test - Intern | Team |
Amber Goutam | Software Engineer | Team |
Anisha Shabi | Project Lead | Team |
Paras Kochhar | Senior Quality Assurance Analyst | Team |
Chirag Awasthi | Devsecops Engineer | Team |
Abhinandan Kumar | Software Engineer | Team |
Karman Nibber | Software Engineer | Team |
Lavish Bhambri | Software Engineer | Team |
Maninder Singh | Software Engineer | Team |
Roushan Kumar | Software Engineer | Team |
Prabhat Kumar Dubey | Senior Business Analyst | Team |
9 more people are available in the full profile.
Complete people profiles for uTrade
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of uTrade
Figures of Utrade Solutions Private Limited, the primary company behind uTrade, for FY 2025. Revenue was ₹17.67 Cr (+14% year on year). Net profit was ₹62.2 Lakh (4% margin). EBITDA was ₹2.93 Cr (17% margin). Revenue has grown at a compounded annual rate of +5% over three years and +12% over five years.
- ₹17.67 CrRevenue · FY 2025 · +14% YoY
- ₹62.2 LakhNet profit · 4% margin
- ₹2.93 CrEBITDA · 17% margin
- ₹34.8 LakhPaid-up capital
- 120Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Utrade Solutions Private Limited are on its company page.
Detailed financial statements for uTrade
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of uTrade
5 dated milestones of uTrade across 10 years, from founding to its latest funding, stage changes and deals.
- Founded uTrade is founded.
- Funding First funding round of $326K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $162K.
- Exit Acquired by Share India.
Competitors of uTrade
uTrade has 3 listed competitors in our database, 2 of them funded. They include Liquide Solutions, TRDR and Meru Capitals.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| liquide.life | 2021 | Bengaluru, India | $2.26M | 61 | AI-powered tools for investment research and trading are provided. | |
| trdr.money | 2020 | Bengaluru, India | $150,000 | Automated trading and investment platform for retail investors is operated. | ||
| merucapitals.com | 2019 | Gurugram, India | Offers an AI-based algorithmic trading platform for stock investments. |
Detailed competitors of uTrade
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of uTrade
The website of uTrade (utradesolutions.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 24.2% vs previous month
Websites whose visitors overlap most with uTrade. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| utradealgos.com | 100% | 680.7K | #908,132 | View details | |
etnasoft.com | etnasoft.com | 93% | #2,173,262 | – | |
| utradeph.com | 92% | 4.7K | #3,428,960 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as uTrade (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Utrade
Complete news archive for uTrade
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about uTrade
uTrade was founded in 2011.
uTrade is headquartered in Chandigarh, India.
Kunal Nandwani is the CEO of uTrade, as recorded in our data. They have also founded this company.
uTrade is a funded company, having raised a total of $1.02M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $325.75K, raised on Sep 2011.
uTrade has 120 employees.
The primary company behind uTrade, Utrade Solutions Private Limited, reported revenue of ₹17.67 Cr for FY 2025, up 14% year on year.
uTrade was founded in 2011 in Chandigarh, India, as a FinTech company focused on capital markets. Multi-asset platforms are provided for institutional investors and proprietary traders, including risk management and low-latency algorithmic trading tools. Online and mobile platforms are supplied to retail brokers. Services for buy-side and sell-side institutions encompass trading, compliance, and market data, with workflows integrated and trading processes automated to support operations.
uTrade's top competitors include Liquide Solutions, TRDR and Meru Capitals.
uTrade has 23 investors. Key investors include Share India, Nitin Jindal, Amit Gupta, Aiysha Ahmed, and Mohit Agarwal.
The valuation of uTrade is $4.73M as of Oct 2014.
uTrade operates through Utrade Solutions Private Limited.
Yes. uTrade was acquired by Share India in November 2021.