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Our Story

Over the last 16 years, iRage Broking Services LLP has built advanced algorithmic and high-frequency trading systems backed by low-latency technology. Our platform powers millions of trades daily across market-making, arbitrage, and statistical strategies. After years of serving institutional clients, we are now extending the same capability to retail traders.

Our Growth
Journey

2009

Proprietary trading firm in Kolkata, India

With team of 5 People, we began operations as a proprietary trading firm in Kolkata, India

2010

QuantInsti Mumbai Office

Launched QuantInsti and expanded presence with the Mumbai office and 10 team members.

2016

Exchange Memberships – NSE

Obtained Exchange Broking Membership with NSE (FO, CD, CM) Clearing Membership: NSE (CM) Team strength: 20 members

2017

Exchange Memberships – BSE

Exchange Broking Membership with BSE (CM, FO, CD) Clearing Membership: BSE (CM) Team strength: 25 members

2018

Fund Management Launch

Started Fund Management business. Clearing Memberships obtained for NSE FO, CD and BSE FO, CD Team strength: 30 members

2020

Geographic Expansion

Commenced operations at GIFT City, Gujarat, India Team strength: 40 members

2021

Institutional Broking & MCX

Started Institutional Broking with our first AIF Fund client Obtained Broking & Clearing Membership for MCX Team strength: 50 members

2022

Institutional Growth

Institutional Broking scaled further Bangalore office started Onboarded first FPI client Team strength: 60 members

2023

HFT & Exchange Expansion

Exchange Broking Membership – NSE & BSE Commodity Onboarded first HFT client Team strength: 70 members

2025

Global & Commodity Expansion

Clearing Membership – NSE Commodity Hong Kong office started Team strength: 100+ members

Meet our
Partners

Gaurav Raizada
Co-founder & Partner

Gaurav Raizada

IIM Lucknow & IIT Kanpur

Strength: Deep expertise in trading, fund management
Passion: A chess master & avid reader

Gaurav combines deep expertise in trading, fund management and strategy with a background in banking treasury at Veritas Software. A chess master and visiting faculty at IIM Ahmedabad, he brings sharp analytical insight and proven market acumen. He holds a B.Tech from IIT Kanpur and a PGDM from IIM Lucknow.

Rajib Ranjan Borah
Co-founder & CEO

Rajib Ranjan Borah

IIM Calcutta & NIT Surathkal

Strength: Algorithmic Trading Expert
Passion: Represented India at the World Puzzle Championship

Rajib is a sought-after speaker at global algorithmic trading conferences with experience at Bloomberg, Optiver, and Oracle. A finance faculty at IIM Ahmedabad, he combines industry expertise with academic depth. He holds a B.E. from NIT Surathkal and a PGDM from IIM Calcutta.

Sameer Kumar
Chief Technical Officer

Sameer Kumar

BITS Pilani

Strength: Algorithmic Trading Expert
Passion: Mentorship and knowledge-sharing with coders and engineers

Sameer leads the cutting-edge technology and machine learning research at iRage. Sameer excels in reducing tick-to-trade latency and crafting innovative trading models through deep learning research. He holds a Master's degree in Economics & Information Systems from BITS Pilani, showcasing his commitment to technology and economics excellence.

Anil Yadav
Partner

Anil Yadav

IIM Lucknow & IIT Kanpur

Strength: Expertise in building and executing trading strategies
Passion: Avid reader & a keen observer of market trends

Anil manages trading strategies, drives firm-wide risk and compliance, and builds advanced trading analytics tools. With experience as an independent commodities trader and senior analyst at TCG's Private Equity Fund and Lehman Brothers, he holds a B.Tech from IIT Kanpur and a PGDM from IIM Lucknow.

Nitesh Khandelwal
Partner

Nitesh Khandelwal

IIM Lucknow & IIT Kanpur

Strength: Leadership in Financial Markets & Strategy
Passion: Building and scaling financial businesses

Nitesh brings extensive financial markets experience across asset classes, treasury, and proprietary trading. Before becoming CEO of QuantInsti™, he led business operations at iRage. He holds a B.Tech in Electrical Engineering from IIT Kanpur and a PGDM from IIM Lucknow.

Vivek Bajaj
Partner

Vivek Bajaj

IIM Indore

Strength: Leadership in Trading & Financial Education
Passion: Financial education & empowering investors

Vivek is a former trader with deep experience leading large trading teams and contributing to the Indian derivatives market. He heads Kredent Academy, drives growth at StockEdge, and is a sought-after speaker at IITs and IIMs. A Chartered Accountant, Company Secretary, and PGDM from IIM Indore, he blends financial expertise with entrepreneurial vision.