Angel One client base crosses 3 crore
The client base of Angel One, one of the major fintech players in brokerage space, has surpassed 3 crore. In January, the company’s client base stood at 3.013 crore, reflecting a 47.5 per cent year-on-year growth, said the domestic brokerage. Its average client funding book surged to ₹4,199 crore, while unique mutual fund SIPs grew to 7.65 lakh, up 57.7 per cent.
Furthermore, the market share for overall equity turnover, based on option premium, expanded to 19.7 per cent, it further said.
With a sharp focus on Gen Z and Millennials, Angel One continues to evolve and meet the expectations of digitally savvy investors. Its Super App delivers seamless and intuitive investing experience, offering personalised recommendations, advanced trading tools and real-time market insights.
Dinesh Thakkar, Chairman & Managing Director, Angel One, said: ”With a strong leadership team, we continuously integrate advanced solutions to deliver a seamless and user-friendly experience. Our cutting-edge technology enables us to offer personalised financial journeys, positioning us as leaders in the fintech space.”
This achievement underscores Angel One’s dedication to democratising investing and enhancing digital experiences. With strong mutual fund SIP adoption, ₹600 crore disbursed in personal loans till Dec’24 and beta testing underway for the insurance business, the company is strengthening its position as a one-stop financial platform, he added.
