Graviton Research Capital

What Graviton Research Capital does

Graviton Research Capital LLP is a proprietary quantitative trading firm founded in 2014 by IIT Delhi graduates Ankit Gupta and Nishil Gupta with $1 million in initial capital. Headquartered in Gurugram, India with a registered office in GIFT City, Gandhinagar, the firm operates as a SEBI-registered stockbroker (Registration No. INZ000002261) and is a member of NSE, BSE, and MCX exchanges, as well as a Depository Participant with NSDL. The firm trades its own capital using quantitative and high-frequency trading strategies across multiple asset classes in global financial markets, with operational presence in India, Singapore, the United States, Japan, the United Kingdom, and Hong Kong. As of recent reporting, Graviton has reached a $1 billion valuation, making it India's first billion-dollar quantitative trading venture.

The firm's core product is an in-house ultra-low latency trading platform that pushes execution latency into micro and nano dimensions of time. This platform is complemented by a proprietary backtesting infrastructure for systematic research of new trading strategies and quantitative research frameworks that apply filtering, classification, time series analysis, pattern recognition, stochastic models, and statistical inference to terabytes of market data to detect and exploit pricing inefficiencies across electronically traded markets. Graviton organizes its trading operation into autonomous teams supported by shared technology, connectivity, compliance, and market data memberships, with the firm stating it maintains substantial market share across trading venues globally. The firm explicitly does not offer IBT, MTF, PMS, algo trading, or investment advisory services to clients.

Graviton's revenue model is proprietary trading rather than fee-based client services: the firm generates returns by deploying its own capital across exchanges, profiting from short-term price inefficiencies. The firm also operates a brokerage business through which it generates transaction-related revenue, with corporate authorised persons including SPG Capital Research Private Limited and MVD FINSEC Private Ltd operating trading terminals on its behalf. Growth has been bootstrapped without disclosed external institutional funding, with the founders serving as Designated Partners retaining direct control of the firm. The firm is described as competing directly against global HFT players such as Jane Street, Citadel Securities, and IMC Trading.

Name

Graviton Research Capital

Legal name

Graviton Research Capital LLP

Website

https://gravitontrading.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

251–500 employees

Short description

Graviton Research Capital is a proprietary quantitative trading firm that deploys its own capital through in-house ultra-low latency trading infrastructure across global exchanges and asset classes, operating in six countries.

Ownership category

akta.pro rank

Product category

Proprietary Quantitative Trading

NAICS

Investment Banking and Securities Intermediation (52315), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Quant Research & Systematic Strategies (FSACAGAF)

Keywords

• High-frequency trading
• Quantitative trading
• Proprietary trading
• Algorithmic trading
• Ultra-low latency trading

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Proprietary Trading: The firm trades its own capital using quantitative strategies across multiple asset classes in global markets, generating profits from price inefficiencies rather than charging clients for trading services.

Distribution channels2 records

Marketing channels1 record

Core offering

Graviton Research Capital is a proprietary quantitative trading firm that deploys its own capital across multiple asset classes and global exchanges using in-house developed ultra-low latency trading platforms and quantitative strategies. The firm researches new strategies via cutting-edge backtesting infrastructure and exploits inefficiencies in electronically traded markets through high-frequency trading, while also operating as a SEBI-registered stockbroker (NSE, BSE, MCX) and NSDL depository participant for client brokerage services.

Product overview

Graviton Research Capital is a proprietary quantitative trading firm that offers a unified trading platform for high-frequency trading across multiple asset classes in global financial markets. The company operates as a single product entity focused on in-house trade execution strategies, leveraging an ultra-low latency trading platform developed internally. The platform integrates research capabilities through cutting-edge backtesting infrastructure with live trading execution across various exchanges and trading venues.

Differentiator

Problem solved

Functional benefit

Products and services

• Graviton Trading Platform Proprietary ultra-low latency quantitative trading platform developed in-house, enabling high-frequency trading across multiple asset classes and global exchanges using in-house trade execution strategies. Used by Graviton's own trading teams for proprietary capital deployment.
• SEBI-Registered Brokerage Services SEBI-registered stockbroker services, including client trading on NSE, BSE, and MCX with authorised persons operating trading terminals on Graviton's behalf. Offered alongside Graviton's proprietary trading activity.
• NSDL Depository Participant Services Depository Participant services with NSDL (DP ID: IN304560, IN-DP-716-2022), providing demat account and securities holding services to clients through Graviton Research Capital LLP.

Quantifiable outcome

• India's first billion-dollar quantitative trading venture
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• SPG Capital Research Private LimitedminorChannel Partner/ Reseller/ DistributorCorporate authorised person operating trading terminals on NSE (74 terminals), BSE (36 terminals), and MCX (27 terminals) under Graviton's SEBI registration.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Jane Street: Global proprietary quantitative trading firm explicitly named by Graviton as a competitor it outperforms. Operates across asset classes with ultra-low latency infrastructure and quantitative research, matching Graviton's core model and global venue footprint.
• Citadel Securities: One of the largest global market makers and HFT firms, explicitly listed as a Graviton competitor. Operates proprietary capital across multiple asset classes and exchanges with sophisticated low-latency technology directly comparable to Graviton's offering.
• Hudson River Trading: Global quantitative trading firm named alongside Graviton as posting robust profit gains in FY ending March 31, 2025. Operates proprietary strategies across asset classes with similar low-latency and research-driven infrastructure.
• Optiver: Dutch proprietary trading firm cited alongside Graviton for robust FY25 profit growth. Trades multiple asset classes globally with proprietary technology and quantitative strategies, directly comparable to Graviton's HFT model.
• IMC Trading: Global proprietary trading firm specifically named as a competitor Graviton outperforms. Operates across asset classes with quantitative and high-frequency strategies using proprietary technology platforms.
• AlphaGrep Securities: India-based quantitative proprietary trading firm cited in the same regulatory and profit context as Graviton. Operates similar HFT and quant strategies on Indian exchanges, making it the closest domestic direct peer.
• Tower Research Capital: Global high-frequency proprietary trading firm with operations in India. Uses proprietary low-latency technology and quantitative strategies across multiple asset classes, directly overlapping Graviton's business model and Indian market presence.
• DRW Trading: Diversified proprietary trading firm with significant HFT and quantitative operations. Trades proprietary capital across asset classes and global venues using proprietary technology, closely mirroring Graviton's operating model.

Emerging players

• Quadeye: India-focused quantitative proprietary trading firm operating in similar HFT and systematic strategies on Indian exchanges. A smaller, India-only peer providing a domestic emerging-player comparison to Graviton's scaled platform.

Broad incumbents

• Two Sigma Securities: Large quantitative trading and technology firm with proprietary trading operations across asset classes. While broader in scope including asset management, its systematic proprietary trading desk overlaps directly with Graviton's quant strategy model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Graviton Research Capital