AlgoTest

Company Overview

AlgoTest, formerly known as Fintrix, is a fintech company based in Delhi, DL, India. The company launched in July 2022 and participated in Y Combinator's S22 batch. With a team of 6 members, AlgoTest operates within the fintech sub-industry, focusing on providing algorithmic options trading platforms for Indian retail traders. The company also supports remote and partly remote work environments.

Founders

AlgoTest was founded by a Financial Engineering graduate from Columbia University and an IIT Delhi CSE graduate. The founders bring significant expertise in finance and computer science, aiming to offer cutting-edge technology to retail traders in India.

Services

AlgoTest offers a free backtesting service for options trading strategies specifically designed for the Indian market. The platform enables day traders to leverage technology comparable to what top hedge funds and high-frequency trading firms use. The no-code approach makes it accessible for retail traders without extensive technical skills.

Industry and Market

AlgoTest operates in the fintech industry with a sub-industry focus on options trading. The company targets the Indian market and aims to expand into South Asia. Positioned in the early stage of development, the company aspires to disrupt the retail trading space by providing advanced algorithmic trading technology.

Y Combinator Participation

AlgoTest participated in Y Combinator's Summer 2022 (S22) batch. This involvement has provided the company with significant mentorship and resources, aiding in its development and market entry. The Y Combinator experience also positioned AlgoTest for future growth and potential investment opportunities.

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