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The Big Take
India’s Homegrown $1 Billion High-Speed Trading Unicorn Goes Global
Graviton is expanding in Singapore and London as competition and regulatory hurdles build in its home market.
Ankit and Nishil Gupta started Graviton Research Capital LLP with a million dollars and a dream to put India on the global high-frequency trading map.
In less than 12 years, the two friends have turned their high-speed trading startup into India’s first billion-dollar quantitative venture by trading stocks and derivatives in the $5 trillion equity market. The firm has gone head to head with global rivals like Jane Street Group LLC, Citadel Securities and IMC Trading, often coming out on top.