Streak AI Technologies Pvt. Ltd.
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Streak AI Technologies Pvt. Ltd. - overview
Established
2017
Location
Bangalore, Karnataka, India
Primary Industry
Financial Services
About
Streak AI Technologies Pvt. Ltd. specializes in creating a systematic trading platform that empowers traders through data-driven insights and automation, enhancing their trading capabilities in various financial markets. Founded in 2017 and headquartered in Bangalore, India, Streak AI Technologies Pvt.
Ltd. delivers an innovative trading platform aimed at individual traders. The company has undergone no significant pivots and has not been noted as a subsidiary or parent company. The founders include Harsha M, Jayalakshmi Manohar, and Vipul Divyanshu, with Harsha M serving as the CEO.
Streak raised INR 68. 76 million in Seed funding on March 29, 2019, led by 3one4Capital Advisors, with additional investment from Rainmatter, bringing the total amount raised to INR 68. 76 million and the company’s current valuation to INR 589. 735 million.
Streak offers a comprehensive Systematic Trading platform designed for traders seeking to optimize their trading strategies through data-driven insights and automation. The platform includes tools such as live scanners, pre-built strategies, backtesting capabilities, and virtual deployment features, enabling users to enhance trading efficiency and make informed decisions. Primarily catering to individual traders and investors in the Indian markets, Streak supports trading in popular sectors like NIFTY, BANKNIFTY, and FINNIFTY, making it accessible for both novice and experienced traders. For the fiscal year 2024, Streak reported revenues of INR 754,254.
1, with an EBITDA of -INR 82,470. 5. The company's revenue is predominantly generated from subscription-based models, tailored to different user needs through various pricing tiers that grant access to its suite of trading tools. Streak AI Technologies Pvt.
Ltd. aims to expand its offerings by introducing new products designed to enhance user experiences and trading efficiency. There are plans to penetrate new geographic markets with a focus on expanding their user base in Southeast Asia by 2025. The INR 68.
76 million raised in Seed funding will be strategically utilized to support the development of these new features and facilitate market expansion efforts.
Current Investors
Rainmatter, 3one4Capital Advisors, Rainmatter Capital Pvt. Ltd.
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications
Website
www.streak.tech
Verticals
FinTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Streak AI Technologies Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 9,450,822 | 23,661,360 | 58,730,702 | - | - | - |
| % Revenue Growth (YoY) | - | - | 150.4% | 148.2% | - | - | - |
| EBITDA (USD) | (430,580) | (2,963,630) | (1,564,314) | 15,695,581 | - | - | - |
| Operating Income (USD) | (619,514) | (4,085,507) | (3,102,201) | 13,543,290 | - | - | - |
| Operating Margin | - | (43.2%) | (13.1%) | 23.1% | - | - | - |
| % EBITDA Margin | - | (31.4%) | (6.6%) | 26.7% | - | - | - |
| NET Income (USD) | (476,646) | (2,808,043) | 1,147,150 | 13,454,697 | - | - | - |
| % Net Margin | - | (29.7%) | 4.8% | 22.9% | - | - | - |
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