Angel One, a major player in the fintech brokerage space, has seen its client base exceed 30 million. As of January, the company’s client base stood at 30.13 million, representing a 47.5% year-on-year growth. The average client funding book has increased to ₹4,199 crore, with unique mutual fund SIPs reaching 765,000, showing a 57.7% growth.
Moreover, the market share for overall equity turnover, based on option premium, has grown to 19.7%, according to the domestic brokerage.
With a focus on Gen Z and Millennials, Angel One continues to innovate to meet the needs of digitally savvy investors. Its Super App provides a seamless and intuitive investing experience, offering personalized recommendations, advanced trading tools, and real-time market insights.
Dinesh Thakkar, Chairman & Managing Director of Angel One, stated, “With a strong leadership team, we are constantly integrating advanced solutions to provide a seamless and user-friendly experience. Our cutting-edge technology allows us to offer personalized financial journeys, establishing us as leaders in the fintech space.”
This milestone highlights Angel One’s commitment to democratizing investing and enhancing digital experiences. With significant mutual fund SIP adoption, ₹600 crore disbursed in personal loans by December 2024, and beta testing underway for the insurance business, the company is solidifying its position as a comprehensive financial platform.