# AlgoTest

**Source:** https://geo.sig.ai/brands/algotest  
**Vertical:** Finance  
**Subcategory:** Accounting Software  
**Tier:** Emerging  
**Website:** algotest.in  
**Last Updated:** 2026-04-14

## Summary

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.

## Company Overview

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.

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.

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.

## Frequently Asked Questions

### What is AlgoTest?
AlgoTest is an India-based algorithmic options trading platform founded in 2022 that provides a no-code backtesting and execution platform for Indian retail traders. The company participated in Y Combinator's Summer 2022 batch and has grown to a 46-person team serving over 13,000 traders.

### What products and services does AlgoTest offer?
AlgoTest offers a free no-code backtester and Live Execution Engine that enables algorithmic options trading. The platform allows traders to perform backtests and deploy trading strategies to live markets with one-click deployment.

### Who is AlgoTest designed for?
AlgoTest is designed for Indian retail traders and day traders who want to engage in algorithmic options trading. The platform specifically addresses the needs of traders in India's booming options market on the National Stock Exchange.

### When was AlgoTest founded?
AlgoTest was founded in 2022 and participated in Y Combinator's Summer 2022 (S22) batch.

### Where is AlgoTest based?
AlgoTest is based in India and focuses on serving the Indian retail trading market, particularly for options trading on the National Stock Exchange.

### How much funding has AlgoTest raised?
AlgoTest raised $750,000 in total funding in 2022, led by Y Combinator with participation from Soma Capital, Belvedere Strategic Capital, and Goodwater Capital.

### What are AlgoTest's key metrics and achievements?
AlgoTest has achieved $6.9M in revenue in 2024, processed over 20 million backtests, serves 13,000+ traders, and has executed 12.5 million live trades. The company has grown to a team of 46 employees.

### What technology approach does AlgoTest use?
AlgoTest uses a no-code platform approach, allowing traders to backtest strategies without programming knowledge. The platform features a Live Execution Engine that enables one-click deployment of strategies to live markets.

### How much does AlgoTest cost?
AlgoTest offers a free no-code backtester tool for traders to test their algorithmic trading strategies.

### Why is AlgoTest focused on the Indian options market?
AlgoTest is targeting India's massive options market growth, where National Stock Exchange options volume has exceeded the combined volume of all US exchanges. This represents significant demand for algorithmic trading tools among Indian retail traders.

## Tags

b2c, fintech, no-code, asia-pacific, startup

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*