Venture Catalysts invests in algo trading platform AlgoBulls

Venture Catalysts, India’s first and largest integrated incubator and accelerator, has recently led an undisclosed investment in AlgoBulls, an algorithmic trading platform.

The funds would be primarily used for setting up teams across technology and operations divisions and sales and marketing. "The funds would also help us explore opportunities in other countries like the US in the coming months," Pushpak Dagade, founder of Algobulls, said.

"AlgoBulls is a classic example of innovators using the power of technology for simplifying people’s lives. Their AI-driven, automated, and customizable services have the potential to transform the trading experience for millions of users. By handling the complex coding itself, it leaves users with more time to focus on strategy algorithms," said Apoorv Ranjan Sharma, cofounder & president – Venture Catalysts.


The strategies, which are developed by professional portfolio and hedge fund managers, are made available as web services which can be readily executed by connecting the broking account from any android app or web browser. Since the platform’s target market is people with no prior trading or coding knowledge, the investors can access sophisticated and institution-like trading strategies with just a few clicks.