Bigul, the tech-first retail investment platform by Bonanza Group, has announced the appointment of Sanjay Shah as its new Chief Technology Officer (CTO).
A visionary technology leader with over 18 years of experience in capital markets technology, Shah has held leadership roles at Nuvama Wealth Management (formerly Edelweiss Broking) and Kotak Securities, where he delivered secure, scalable, and innovative trading solutions that redefined industry benchmarks. He has built API-first ecosystems with sub-millisecond execution times, launched India’s first in-house retail algo trading platform, and led large-scale cloud-native migrations enabling elastic scalability and cost optimization. His platforms have served over 12 million clients, including 500,000+ daily active users and 75,000+ concurrent traders, while introducing advanced order types and real-time risk management modules that have set new market standards.
Under Shah’s leadership, Bigul is developing intelligent trading tools that integrate predictive analytics, natural language market queries, and personalized dashboards—complementing its existing customizable strategies, execution alerts, and seamless broker APIs. The company is also expanding its cloud-native infrastructure, enhancing real-time monitoring, and implementing self-healing systems to ensure 99.99% uptime.
Over the last 18 months, Bigul has aggressively scaled its technology division across AI/ML, cloud infrastructure, mobile development, data security, and user experience.
Sanjay Shah, CTO, Bigul, said, “India’s retail investing landscape is undergoing a deep transformation. With the right mix of AI, automation, and low-code tools, Bigul aims to put institutional-grade strategies into the hands of everyday investors. We’re building a future-ready platform that makes algo trading not just accessible, but effortless—powered by AI-generated trade signals, low-code algo builders, and advanced backtesting engines that enable investors to trade smarter and faster.”
Atul Parakh, CEO of Bigul, said, “At Bigul, we believe the future of retail investing will be driven by tech and data. Sanjay’s appointment and our rapidly growing engineering team reinforce our commitment to delivering intuitive, AI-powered investing experiences.”
