The Fintech company, Angel One Limited (formerly known as Angel Broking Limited), has expanded its client base to 6.52 million, a growth of 142% YoY, with the gross client acquisition of 0.39 million clients, a 99.3% YoY growth, in September 2021.
Besides, the company’s overall Average Daily Turnover (ADTO) grew by 331% YoY to Rs 6.35 trillion in September 2021.
Prabhakar Tiwari, Chief Growth Officer, Angel One Ltd, said, “Our vision to integrate technologies like Artificial Intelligence and Machine Learning into our products is to enable an impeccable wealth creation journey for GenZ and Millennials. We are constantly working towards integrating new platforms and introducing advanced products to our clients. In the coming months, on the back of technology, we look forward to adding more members to the Angel One family, especially from Tier-2, Tier-3 and beyond cities.”
Narayan Gangadhar, Chief Executive Officer, Angel One Ltd, said, “Our digital-first strategy created the ground for innovation, leading us to this expansive client base today. Our concerted efforts at integrating technology and financial services have amplified the digital services for Indian investors. With our full-service brokerage and advisory services, we are committed to building platforms that are in line with the contemporary needs of the new generation of investors.”