Rainmatter invest 1.5 crore in Neotrade Analytics
Rainmatter – an initiative of ZERODHA, is a startup incubator and Venture Capitalist based in Bengaluru today announced that it has invested Rs. 1.5 crore in Neotrade Analytics, a firm that provides quality real-time data feed solutions at an affordable price to all the traders in India.
Neotrade Analytics was started by two Bengaluru boys Vivith and Sharath in 2014, with a bunch of young talented and energetic people who had vast knowledge on the stock market technical analysis. Neotrade Analytics is an authorized realtime data distributor of National Stock Exchange of India and Bombay Stock Exchange of India.
Speaking more on the development, Vivith ML, Founder & Managing Director – Neotrade Analytics, said “With our product, it definitely helps traders to analyse stock charts with multiple trading platforms at a time streaming realtime data to multiple trading platforms. Another advantage of Neotrade Analytics is that it provides unique data solutions to traders who can develop or automate their own trading strategies in their own preferred programming languages.”
Neotrade Anlaytics also provide solutions to traders to integrate their trading systems with their broker’s platform to automate their trading strategy. It also extends support to help traders to code or develop their own custom trading strategy. Rainmatter currently houses 3 companies and has recently, invested around Rs 2.5 crores in Tradelab.
(Source: Press release)