Zanskar Technology has raised ₹25 crore (approximately $2.7 million) from BlackSoil Capital to strengthen its quantitative trading and execution infrastructure. The Bengaluru-based company is also backed by Peak XV Partners.
The newly secured capital will be directed toward expanding its institutional footprint and advancing its proprietary trading technology stack, as the company continues to scale its platform capabilities.
Founded in 2022, Zanskar operates in the quantitative trading and brokerage space through its platform Nubra, which delivers low-latency, institutional-grade execution services to both institutional and retail participants.
Nubra caters to a diverse set of institutional clients, including asset management companies, PMS and AIF funds, venture capital and private equity firms, family offices, and proprietary trading desks. The platform is also building capabilities for market-making across international markets.
A key differentiator for Zanskar is its fully in-house technology stack, which includes proprietary order management systems (OMS), risk management systems (RMS), exchange co-located infrastructure, and advanced low-latency execution algorithms.
Within six months of launch, Nubra has onboarded multiple institutional clients and is already serving as an authorised market maker for several ETF products. On the retail side, the platform has seen strong adoption, with over 25,000 demat accounts onboarded, extending institutional-grade execution capabilities to individual investors.
Founded in 2016, BlackSoil Capital focuses on providing alternative credit solutions to high-growth, new-age businesses, with a portfolio that includes several unicorns and publicly listed companies.
With this funding, Zanskar aims to further enhance its technology infrastructure, scale client adoption, and strengthen its position in the evolving quantitative trading and execution landscape.
 from BlackSoil Capital to strengthen its quantitative trading...){kind=link}