Quantitative trading and execution infrastructure startup Zanskar Technology has raised Rs 25 crore (approximately $2.7 million) in funding from BlackSoil Capital, as it looks to strengthen its presence in the institutional trading ecosystem.
The Bengaluru-based company, which is also backed by Peak XV Partners, plans to use the fresh capital to expand its institutional footprint and continue investing in advanced trading infrastructure, according to a company statement.
Building Institutional-Grade Trading Systems
Founded in 2022, Zanskar Technology operates at the intersection of quantitative trading and execution infrastructure. Through its platform Nubra, the company offers brokerage and execution services to both institutional and retail participants.
Nubra is designed to deliver low-latency, institutional-grade execution, catering to a wide range of clients including asset management companies (AMCs), PMS and AIF funds, venture capital and private equity firms, family offices, and proprietary trading desks. The company is also working on building infrastructure for market-making in international markets.
Technology-First Approach
Zanskar Technology emphasises a fully in-house technology stack, which includes its proprietary Order Management System (OMS) and Risk Management System (RMS), along with exchange co-located infrastructure and low-latency execution algorithms. This allows the platform to offer speed and reliability typically associated with institutional trading setups.
Early Traction Across Segments
Within just six months of launch, Nubra has onboarded multiple institutional clients and is already acting as an authorised market maker for several ETF products.
On the retail side, the platform has also seen steady adoption, with over 25,000 demat accounts onboarded, bringing institutional-level execution capabilities to individual investors.
About the Investor
Founded in 2016, BlackSoil provides alternative credit solutions to emerging and high-growth businesses, addressing both short-term and long-term capital needs. The firm’s portfolio includes 11 unicorns and 14 publicly listed companies, reflecting its strong presence in India’s startup ecosystem.
With this funding, Zanskar Technology aims to further scale its infrastructure and deepen its role in India’s rapidly evolving trading and brokerage landscape.
-By Shivani Solanki
