Neostox: Startup Story, Founder, CEO, Funding, Directors, Competitors

Neostox is a financial markets’ virtual trading platform. It provides users with a digital currency that they can use to buy stocks. It has tools for determining margins, reports for analysis, an options analyzer that shows the trading instruments, and more. It also makes it possible to exchange stocks, futures, options, and other things. The first fully real-time trading tool with virtual currency for the Indian stock market, Neostox, was founded in India. Neostox’s main goal is to assist the millions of traders who want to start stock trading but are worried about losing money, as well as those who have successful trading strategies but lack a platform on which to try and refine them without risking their funds. 

About Neostox:-

Neostox was founded by Rajesh Dua in 2020 in Delhi, India. The company also provides customer support Gmail, Gmail is support@neostox .com Neostox provides the world’s first automatic placing of orders tool, the Options Trader, which enables you to place an order with a single click in accordance because of your preset preferences. It picks the best option on the market and determines the quality and margin you can afford based on the amount in your account. Not only this but Neostox provides online dealing in the MCX, F&O, and Equities sectors. It provides a wide range of features, including an Options Analyzer, Index Analyzer, Options Trader, and many interactive features, all on one site, which can assist you in developing your trading confidence.

One of Neostox FinTech’s main products is neostox.com. Developed and conceptualized by seasoned traders with more than 15 years of expertise in international trading. They have several study analysts who have contributed to the creation of features that will help traders trade more quickly and profitably. Customers can also examine their open positions, pending orders, and the history of the day. Each order includes information on the price, quantity, target price, and stop loss price, if appropriate, as well as the unrealized profit or loss and any fees or taxes that may be due. They are developing the first backtesting platform in the world that will simulate real trading and will be made available to users in the coming weeks. This will allow traders to practice their strategies whenever they want, including on vacations. 

Neostox provides the impression of a real trading platform, which aids the ability to monitor and learn how to manage real market situations while trading. When a person makes orders, the entry and exit prices they receive are 99.9% accurate to the real market. The P&L provides a clear picture of how much money a person will make or lose on each trade, along with the taxes they will owe. All of this information is available during the trading session. Neostox helps individuals develop their confidence by learning and experiencing trading for free without having to make any financial commitments. A limited liability partnership limited company with its headquarters in Delhi, India, it was formally established on October 16, 2020. According to the company’s official records, its LLP Identification Number (LLPIN) is AAU-2783, and its entire obligation for contributions is Rs. 100000.

NIC/SIC code 72 is assigned to Neostox Fintech Llp by public documents. The business was founded in 2020 and had a paid-up capital of INR 0 and an authorized share capital of INR 0. The headquarters of the firm are in Delhi. The business is legitimately registered with the Delhi Registrar of Companies. (RoC-Delhi)

Neostox Highlights:

Neostox Founder:

The founder of neostox is Rajesh duaa. He founded Neostox in 2020. He served as DigitalMark Technologies’ previous vice president.

He completed his studies at Hemwati Nandan Bahuguna Garhwal University. With around 25 years of leadership experience in the software industry and expertise in AI/ML, Blockchain, and IoT, Rajesh dua has spent the last 10 years concentrating on designing and developing software applications and SaaS products for the global financial services sector, particularly the forex, commodities, and stock markets. The first company he worked at was R R D CHEMICALS PRIVATE LIMITED, where he was the director.

Neostox Name And Logo:

Today, the Neostox.com network has more than 500,000 subscribers and offers tools like back-testing and algorithmic trading to assist both novice and experienced stock traders in honing their trading strategies before implementing them in real-money trading environments. Neostox.com’s flagship products are designed and developed by seasoned traders with more than 15 years of expertise in the international stock and derivatives markets.

Neostox Competitors:

Neostox has many competitors; some of the neostox competitors are-

Fantasy Trading League-

The fantasy trading league is a stock trading tool with a gaming element. Users can create financial strategies, try forecasts and metrics, and participate in fantasy trading leagues, thanks to it. Participants who take part in trading activities can earn rewards and gifts. The company was founded in 2019 in Gurgaon, India. The company has 4 investors.

Fantasy Invest-

Fantasy invest is a virtual trading tool for stock purchases. It helps users comprehend market forecasts, learn how to adjust trades, and access cash rewards. Offers current news updates, rates, and information to help new users. Fantasy invest was founded in 2019 in Saint Petersburg, Russia. The company has raised a total of $526k in the seed round.

Dstreet Games-

Dstreet games is a platform for financial asset trading instruction that is based on games. It allows users to digitally trade assets like forex and stocks while also providing them with educational information. The company offers resources for building digital profiles. dstreet games were founded in 2020 in Bengaluru, India. The company’s top investor is paipal ventures.

Fyer-

Fyer is a fin-tech startup with headquarters in Bengaluru that provides an efficient trading environment for Indian equity markets. Since FYERS is a part of the NSE, BSE, MCX, CDSL, and NSDL, people can trade stocks, futures, options, foreign exchange, commodities, mutual funds, and more.  Fyer has demonstrated success in substantially empowering new-age traders and investors to gain a competitive advantage in Capital markets. fyer was founded in 2016. 

zerodha-

 Zerodha is a fintech organization that offers Retail and trading, distribution, and broking services. The business also creates instruments for studying and analyzing market data. Through programs like varsity, webinars, Trading, QnA, Z-Connect, and partner products like LearnApp, it is also teaching people about finance and the stock market. zerodha was founded in 2010 by Kailash Nadh, Nikhil Kamath, and Nithin Kamath.

Neostox Investor:-

A well-known investor of Neostox is Mr. Sudhir Singh. Mr Sudhir Singh has 25 years of seasoned professional knowledge in the technology sector. Currently, he works as a Managing Director at Marg ERP Ltd. he has invested in multiple companies and also is an active participant in those companies. Mr. Sudhir Singh has invested in alpha.ai, which is an artificial intelligence company. Mr. Sudhir Singh has completed his studies at Kendriya Vidyalaya and Delhi University. He is also the co-founder of marg ERP ltd.

Neostox Directors:-

the different directors of Neostox are-

• Rajesh dua- he is also the founder of the company. He was appointed as director of the company on 16 Oct 2020.
• Rajiv Sharma- Rajiv Sharma was also appointed director on 16 Oct 2020
• Sudhir Singh- Sudhir Singh was also appointed director on 16 Oct 2020.

FAQs About Neostox:

Does Neostox have its website?

Yes, neostox has its website. You can search for it online –www. neostox.com.

What is the revenue of neostox till now?

neostox has earned a total revenue of 5 million dollars.

How many people work for Neostox?

Neostox employs 44 people.

What sector does Neostox come under?

Neostox works in the disciplines of general finance and finance.

What technology is applied by Neostox?

jQuery UI, Cloudflare CDN, PHP, and Google Sign-In for Websites are a few of the well-known technologies that Neostox utilizes.

Who is the founder of neostox?

Rajesh dua is the founder of neostox.

Does neostox have social media presence?

Neostox has social media presence on Linked, Facebook, and Instagram.

Is neostox a private company or a public company?

Because Neostox is a private business, it does not currently have a ticker symbol.

What does Neostox do specifically that has investors flocking to its website in such large numbers?

 The startup provides users with an actual time trading simulation platform that enables them to exchange securities using fictitious funds. When one registers on the website, they are given virtual currency in the amount of Rs. 10 lakhs, which they can top up to Rs. 1 crore.

CONCLUSION

Neostox is an Indian company that provides actual trading experience with virtual currency in stocks, options, futures, and commodities. Neostox’s main goal is to assist the millions of traders who have sound strategies, excellent analytical abilities, and a need for a site where they can practice with practice money before using real money. Neostox was founded by Rajiv Sharma in 2020 in Gurgaon. The total revenue earned by Neostox is 5 million dollars. The company is invested by Mr. Sudhir Singh who is an angel investor and businessman who have also invested in an AI technology company.