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Business EconomyPosted at: Feb 6 2025 4:51PM


Retail stock broking Angel One surpasses 30 Million clients base

New Delhi, Feb 6 (UNI) Retail stock broking and financial services company Angel One Limited on Thursday said it has achieved a significant milestone by surpassing 30 million clients, underscoring its strong growth momentum.
In January 2025, the company’s client base expanded to 30.13 million, reflecting an impressive 47.5 per cent YoY increase. Its average client funding book surged to Rs 41.99 billion, while Unique Mutual Fund SIPs grew to 765.80 thousand, marking a 57.7 per cent YoY rise.
Furthermore, the market share for overall equity turnover, based on option premium, expanded to 19.7 per cent, marking a 192 bps YoY expansion. This exceptional growth solidifies Angel One’s leadership in the industry, powered by cutting-edge technology, a customer-first approach and an unwavering commitment to driving innovation in financial services, the company said in a release.
Commenting on this significant milestone, Dinesh Thakkar, Chairman & Managing Director, Angel One Limited, said,” Surpassing 30 million clients is an incredible milestone that showcases our passion for innovation and our commitment to addressing the evolving needs of our clients. 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 personalized financial journeys, positioning us as leaders in the FinTech space.”
This achievement underscores Angel One’s dedication to democratizing investing and enhancing digital experiences. With strong mutual fund SIP adoption, Rs 600 crores 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.
Backed by its wealth management and AMC businesses, Angel One remains committed to innovation, client satisfaction and cutting-edge technology, shaping the future of financial services, the company added.
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Tags: #Retail stock broking Angel One surpasses 30 Million clients base
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