Zanskar Technology, a quantitative trading and execution infrastructure company, has raised Rs 25 crore ($2.7 million) from BlackSoil Capital.  Bengaluru-based startup is backed by Peak XV Partners. The fresh funds will be utilized to deepen its institutional presence and continue investing in cutting-edge trading infrastructure, Zanskar Tech said in a press release.

Nubra offers execution and brokerage services to institutional clients, including AMCs, PMS/AIF funds, VC/PE firms, family offices, and proprietary desks. It is also building infrastructure for market-making in international markets. According to Zanskar, the platform is built on a fully in-house technology stack, including proprietary OMS and RMS systems, exchange co-located infrastructure, and low-latency execution algorithms. Within six months of launch, the platform has onboarded multiple institutional clients and serves as an authorised market maker for several ETF products. Nubra’s retail platform has also gained traction, with over 25,000 demat accounts onboarded, offering institutional-grade execution to individual investors.

About Zanskar Technology

Zanskar Technology has been Founded in 2022 by Mayank Sachan. Zanskar Technology is a quantitative trading and execution infrastructure company offering institutional and retail brokerage services through its platform, Nubra. It provides low-latency, institutional-grade execution to a wide range of market participants.