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AlgoTest

Emerging

India no-code options backtesting and live execution platform serving 13K+ traders at $6.9M revenue; $750K YC-backed in world's largest options market competing with Sensibull and Streak for retail algo trading.

Best for: Accounting SoftwareEmerging, rapid growth
23
AI Score
Grade D↑ Trending
AI Visibility Score (Beta)
Financial ServicesAccounting SoftwareWebsiteUpdated March 2026

Brand Intelligence Graph

Capabilities
Accounting Software

Company Overview

About AlgoTest

AlgoTest is a Bengaluru-based algorithmic options trading platform providing no-code backtesting and live execution tools for retail traders in India's rapidly growing derivatives market — the world's largest by number of contracts traded. Founded in 2022 and backed by Y Combinator with $750,000 raised, AlgoTest generated $6.9 million in revenue in 2024 serving 13,000+ active traders who have executed 12.5 million+ live trades and run 20 million+ backtests on the platform.

Business Model & Competitive Advantage

AlgoTest's platform democratizes algorithmic trading for Indian retail options traders who have previously needed programming skills or expensive professional platforms to backtest and execute systematic strategies. The no-code backtester allows traders to define options strategies (straddles, strangles, iron condors, directional trades) with entry/exit conditions, test them against historical market data, and view P&L charts — without writing code. The Live Execution Engine deploys the same backtested strategy to live markets with one click, removing the implementation gap between strategy and execution.

Competitive Landscape 2025–2026

In 2025, AlgoTest competes in the Indian retail algorithmic trading and options backtesting market with Sensibull (options analytics platform, Zerodha-invested), Streak (algo trading on Zerodha and Angel Broking), and QuantiPhi for Indian retail options strategy backtesting and execution. India's options market has seen explosive growth — India now accounts for 80%+ of global equity options contracts by volume (driven by NSE's Bank Nifty and Nifty 50 weekly expiry popularity among retail traders). The retail options trading community in India is millions-strong and actively seeks tools for systematic strategy development. Y Combinator's backing reflects conviction in Indian fintech retail trading tools. The 2025 strategy focuses on deepening the options strategy builder, growing the user base across tier-2 and tier-3 Indian cities, and building the options portfolio analytics that help traders manage risk across multiple simultaneous positions.

Founded
2022
Revenue
$6.9M
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Key Differentiators

Emerging Innovator

AlgoTest is an emerging player bringing innovative solutions to the Finance market.

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Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

23
↑ Trending

Based on estimated brand signals. Historical tracking coming soon.

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