In a fresh boost to India’s growing fintech ecosystem, Zanskar Technology has raised Rs 25 crore in funding from BlackSoil Capital. The company plans to use this capital to scale its quantitative trading and brokerage platform, Nubra.
This funding marks an important milestone for the young startup as it continues to build advanced trading infrastructure for both institutional and retail investors.
What Does Zanskar Tech Do?
Zanskar Tech operates in the fast-evolving world of quantitative trading — where data, algorithms, and speed drive investment decisions.
Founded in 2022 by Mayank Sachan and Vandana Jain, the company focuses on building high-performance trading systems and execution platforms.
Its flagship product, Nubra, is designed to offer seamless trading and brokerage services with a strong focus on efficiency and precision.
Understanding Nubra: Who Is It For?
Institutional Clients at the Core
Nubra primarily serves large financial players, including:
- Asset Management Companies (AMCs)
- PMS and AIF funds
- Venture Capital (VC) and Private Equity (PE) firms
- Family offices
- Proprietary trading desks
These clients rely on speed, accuracy, and reliability — areas where Nubra aims to differentiate itself.
Expanding to Retail Investors
While institutional clients remain the core focus, Nubra is also making its way into the retail segment.
The platform claims to have onboarded over 25,000 demat accounts, offering individual investors access to tools and execution quality typically reserved for institutions.
What Makes Nubra Different?
Built for Speed and Precision
Nubra is powered by an in-house technology stack, which includes:
- Proprietary Order Management System (OMS)
- Risk Management System (RMS)
- Exchange co-located infrastructure
- Low-latency execution algorithms
In simple terms, this means trades can be executed faster and more efficiently — a crucial advantage in modern markets.
Focus on Market Making
The platform is also building infrastructure for market making in international markets. Market makers play a key role in ensuring liquidity, and this move indicates Nubra’s global ambitions.
Rapid Growth in a Short Time
Despite being a relatively new platform, Nubra has shown strong early traction.
Key Highlights
- Onboarded multiple institutional clients within six months of launch
- Became an authorised market maker for several ETF products
- Scaled to 25,000+ demat accounts
This rapid growth reflects increasing demand for advanced trading solutions in India.
How Will the Rs 25 Crore Be Used?
The newly raised funds will be used across two major areas:
1. Expanding Brokerage Operations
Zanskar Tech plans to strengthen its brokerage business by onboarding more clients and expanding its reach across both institutional and retail segments.
2. Enhancing Technology Capabilities
A significant portion of the investment will go into improving its tech stack — making the platform faster, more reliable, and scalable.
This includes refining algorithms, upgrading infrastructure, and building new features.
Why This Matters for India’s Fintech Space
India’s fintech ecosystem is evolving rapidly, with increasing participation from both retail and institutional investors.
Platforms like Nubra are part of a new wave that blends:
- Advanced technology
- Institutional-grade tools
- Accessibility for retail users
This shift could reshape how trading platforms operate in the country, raising the bar for performance and user experience.
Final Thoughts
Zanskar Tech’s Rs 25 crore funding round is more than just a capital raise — it’s a signal of growing interest in high-performance trading infrastructure.
With Nubra gaining early traction and focusing on both institutional and retail segments, the company is positioning itself as a serious player in the trading and broking space.
As competition intensifies, the real differentiator will be technology — and Zanskar Tech seems determined to stay ahead of the curve.
