Tag: Angel One

Fintech powerhouse Angel One snaps up Walmart tech guru in C-suite shuffle

MUMBAI: Angel One Ltd has poached tech heavyweight Rohit Chatter as its new chief data officer, while bidding farewell to outgoing data chief Deepak Chandani.

Chatter, fresh from his gig as chief software architect at Walmart Global Tech, will take the reins with immediate effect, as Chandani prepares to clear his desk by April end.

The well-timed appointment sees Angel One doubling down on its AI ambitions, with chairman Dinesh Thakkar making no bones about the company’s lofty aspirations.

“We’re not just embracing the future of finTech—we’re building it,” he declared with characteristic swagger. “Data is the foundation of this revolution and Rohit’s unparalleled expertise in AI, cloud platforms and data science will be a game-changer in redefining digital investing. With his leadership, we will push the boundaries of innovation, deliver hyper-personalized experiences and empower millions with smarter financial solutions.”

Chatter brings nearly three decades of tech wizardry to the table, having cut his teeth at Silicon Valley giants and masterminded large-scale data operations. At Walmart, he was the brains behind their generative AI revolution, while his stint as CTO at InMobi saw him transform their remarketing platform into a cash cow across major markets.

The data boffin’s CV also boasts impressive turns at Yahoo India, where he spearheaded big data initiatives, and various leadership roles at Talisma, IPSoft, TiVo and Alcatel in the US. His tech toolkit includes everything from Oracle databases to Unix systems, alongside programming chops in Perl, Python and Java.

Chatter, who holds a BE in electronics & telecom and an MBA from NMIMS, seems positively gung-ho about his new role.

“Angel One is revolutionizing the financial services industry with its AI-first approach and I am excited to be part of this dynamic team. AI and data science are shaping the future of investing and my focus will be on enhancing Angel One’s platforms with automation, predictive analytics and intelligent insights that empower investors across India. The potential to innovate and scale AI-led financial solutions at Angel One is immense and I look forward to thisjourney,” he enthused, barely containing his excitement at the prospect of unleashing predictive analytics upon India’s investing masses.

For the uninitiated, Angel One stands tall as India’s largest listed retail stock broking house by active NSE clients. The tech-savvy outfit serves over 30 million investors through its digital platforms, including the Angel One Mobile App, the rather clever ‘ARQ Prime’ recommendation engine, and the ‘Smart Money’ educational platform designed to turn investing novices into market maestros.

March 15, 2025
Fintech disruptor Ambarish Kenghe takes the helm as Angel One’s group CEO

MUMBAI: Fintech just got a major shake-up. India’s largest listed retail stock broking house, Angel One has roped in Ambarish Kenghe as its new group chief executive officer. The announcement, originally made on 13 January 2025, marks a defining moment for the company as it gears up for an era of digital transformation and hyper-growth.

A powerhouse in product innovation, digital transformation, and business scaling, Kenghe has built a career at the intersection of technology and finance. Before stepping into Angel One, he made waves at Google Pay APAC as VP & general manager, spearheading the platform’s expansion and strengthening India’s UPI ecosystem. Ever tapped your phone to pay for chai? You might just have him to thank.

But Kenghe’s influence extends beyond payments. At Google, he played a pivotal role in the launch of Chromecast and the development of Google TV. Prior to that, he revolutionised the fashion e-commerce space as chief product officer at Myntra, where he championed AI and machine learning-driven personalisation.

His journey through the tech world doesn’t stop there. Kenghe has flexed his strategic muscles at Bain & Company in San Francisco and tackled high-speed switching technologies as an engineer at Cisco Systems in San Jose. With four patents under his belt and an academic background that boasts an MBA from UC Berkeley, a master’s degree from Purdue University, and another from IIT Kanpur, he’s a certified innovator.

Stepping into his role as group CEO, Kenghe is laser-focused on scaling Angel One’s product and technology portfolio, enhancing customer experiences, and ensuring the company continues leading the Fintech revolution.

Angel One Chairman & MD Dinesh Thakkar expressed his excitement, “Ambarish’s appointment as group CEO marks an exciting new era for Angel One. With his proven track record of driving innovation and deep expertise in the industry, he is the visionary leader we need to propel us into our next chapter of growth. At Angel One, we believe strong leadership shapes the future of Fintech. Ambarish’s guidance will position us not only to keep pace with the ever-changing financial landscape but also to lead the charge in transforming how financial services are delivered, empowering our customers with groundbreaking solutions and unparalleled value.”

Kenghe, in turn, shared his enthusiasm for the challenge ahead, “I am truly honoured to be part of Angel One, a brand that has been at the forefront of transforming India’s Fintech landscape. With its focus on innovation and customer-centricity, Angel One has built a strong foundation. I am eager to work with the talented team to drive the next phase of growth and empower users with advanced financial solutions.”

As Angel One continues to disrupt the financial services industry, Kenghe’s arrival signals a bold new chapter.

March 5, 2025
Angel One names Ambarish Kenghe as group CEO

MUMBAI: Known affectionately in fintech circles as AK-no, not the Indian cinema stalwarts Anil Kapoor or Anurag Kashyap-Ambarish Kenghe is poised to script his own blockbuster.

Angel One has unveiled its ace move, appointing Kenghe as group CEO effective March 2025, marking a bold step in its quest to revolutionise the fintech space. This leadership shake-up signals Angel One’s unyielding commitment to innovation, cementing its role as a trailblazer in the ever-evolving digital financial ecosystem.

Kenghe is a renowned technology and product leader with a distinguished career spanning fintech, e-commerce, and consumer electronics. Most recently, as Google Pay APAC vice president & general manager, he played a critical role in expanding Google Pay’s footprint and strengthening India’s UPI ecosystem. He also contributed significantly to the development of Chromecast and Google TV.

Before joining Google, AK served at Myntra as chief product officer, where he led AI/ML-driven innovations that transformed fashion e-commerce. Earlier in his career, he was a strategy consultant at Bain & Company in San Francisco and a high-speed switching engineer at Cisco Systems in San Jose. A prolific inventor with four patents, AK’s academic achievements include degrees from UC Berkeley, Purdue University, IIT Kanpur, and AMU.

Expressing his enthusiasm for the new role, Kenghe said, “I am truly honoured to be part of Angel One, a brand that has been at the forefront of transforming India’s fintech landscape. With its focus on innovation and customer-centricity, Angel One has built a strong foundation. I am eager to work with the talented team to drive the next phase of growth and empower users with advanced financial solutions.”

Angel One chairman & MD, Dinesh Thakkar welcomed Kenghe with optimism, stating, “Ambarish’s appointment as CEO marks an exciting new era for Angel One. With his proven track record of driving innovation and deep expertise in the industry, he is the visionary leader we need to propel us into our next chapter of growth. At Angel One, we believe strong leadership shapes the future of fintech. Ambarish’s guidance will position us not only to keep pace with the ever-changing financial landscape but also to lead the charge in transforming how financial services are delivered, empowering our customers with groundbreaking solutions and unparalleled value.”

Angel One continues to drive the fintech revolution, with this leadership appointment reflecting its commitment to providing groundbreaking, customer-centric financial solutions.

January 13, 2025
Fin One’s #TheLakshmiTest engages 3000 youth in Diwali financial fitness

Mumbai: Fin One, a digital-first initiative by Angel One, launched the #TheLakshmiTest campaign for Diwali, aiming to promote financial awareness, particularly among youth and rural communities. The campaign encouraged participants to assess their financial habits during the festive season, aligning with Diwali’s theme of wealth and abundance. It attracted significant engagement, with 13,000 page views and 3000 participants, yielding an impressive 86 per cent quiz completion rate.

#TheLakshmiTest was primarily promoted through Fin One’s Instagram and YouTube channels, targeting the 18-25 age group. The multi-channel campaign also included print inserts in Bengaluru households, influencer partnerships, and digital ads on popular food delivery platforms like Swiggy, ensuring broad outreach. The campaign focused on financial reflection and goal-setting, bringing financial readiness to the forefront during Diwali.

Key insights include:

● Expense tracking: 71 per cent of participants regularly track expenses, though 30 per cent don’t, highlighting room for improvement.

● Emergency fund: 66.5 per cent have an emergency fund, but one-third lack it, signaling a critical gap in financial preparedness.

● Savings habits: 70 per cent save a portion of their income immediately, but 30 per cent have yet to adopt this habit.

● Health insurance: 67 per cent have health insurance, leaving one-third without coverage.

● Investment and portfolio: 53.7 per cent have diversified investments, with 56 per cent in mutual funds, but nearly half still lack portfolio diversification.

Through #TheLakshmiTest, Fin One sparked an engaging conversation around financial health and the importance of making informed financial decisions. The campaign demonstrated Fin One’s commitment to promoting financial literacy, encouraging India’s youth to adopt better money management practices for a secure future.

November 7, 2024
Fin One’s #TheLakshmiTest engages 3,000 youth in Diwali financial fitness

Mumbai: Fin One, a digital-first initiative by Angel One, launched the #TheLakshmiTest campaign for Diwali, aiming to promote financial awareness, particularly among youth and rural communities. The campaign encouraged participants to assess their financial habits during the festive season, aligning with Diwali’s theme of wealth and abundance. It attracted significant engagement, with 13,000 page views and 3,000 participants, yielding an impressive 86 per cent quiz completion rate.

#TheLakshmiTest was primarily promoted through Fin One’s Instagram and YouTube channels, targeting the 18-25 age group. The multi-channel campaign also included print inserts in Bengaluru households, influencer partnerships, and digital ads on popular food delivery platforms like Swiggy, ensuring broad outreach. The campaign focused on financial reflection and goal-setting, bringing financial readiness to the forefront during Diwali.

Key insights include:

. Expense tracking: 71 per cent of participants regularly track expenses, though 30 per cent don’t, highlighting room for improvement.

. Emergency fund: 66.5 per cent have an emergency fund, but one-third lack it, signaling a critical gap in financial preparedness.

. Savings habits: 70 per cent save a portion of their income immediately, but 30 per cent have yet to adopt this habit.

. Health insurance: 67 per cent have health insurance, leaving one-third without coverage.

. Investment and portfolio: 53.7 per cent have diversified investments, with 56 per cent in mutual funds, but nearly half still lack portfolio diversification.

Through #TheLakshmiTest, Fin One sparked an engaging conversation around financial health and the importance of making informed financial decisions. The campaign demonstrated Fin One’s commitment to promoting financial literacy, encouraging India’s youth to adopt better money management practices for a secure future.

November 6, 2024
My11Circle, Angel One, RuPay & CEAT join forces as official partners for TATA IPL

Mumbai: In a development that adds significant value to the TATA Indian Premier League (IPL), BCCI announces the association of My11Circle, Angel One, RuPay & CEAT as official partners for the league.

The collaboration with these esteemed brands marks a strategic move to enhance the overall experience for IPL fans and further elevate the premier cricketing extravaganza to new heights. Each partner brings a unique set of offerings and synergies that promise to contribute to the success and excitement of the tournament.

My11Circle, a leading fantasy sports platform, is set to bring the thrill of fantasy cricket to fans. The brand will be associated with the league for the next five years. With innovative gameplay and exciting contests, My11Circle aims to engage cricket fans and offer them a unique and immersive fantasy gaming experience.

Angel One, a prominent name in the financial services sector, joins hands with the TATA IPL to bring the worlds of sports and finance closer. A partnership that is set to last for the next five years, Angel One will provide valuable insights and engage cricket fans with interactive initiatives that combine the excitement of trading with the passion for cricket.

RuPay, the indigenous card network of India, which has been an integral part of the TATA IPL in the previous seasons renews its partnership for the next three years. As an associate partner, RuPay will enhance the payment and transaction experience for fans attending the matches, offering exclusive benefits and promotions for RuPay cardholders.

CEAT, that has been a pivotal partner over the years as the league’s Strategic Time-out partner has renewed its contract for five years. The collaboration between CEAT and TATA IPL is a testament to the shared values of performance, reliability, and resilience that both entities uphold.

The partnerships promises a season filled with innovation, engagement, and unforgettable moments for cricket enthusiasts who are set to experience an IPL season like never before.

March 21, 2024
Invest during muhurat trading with Angel One’s ‘Shagun ke Shares’

Mumbai: Angel One, formerly known as Angel Broking, has returned with its ‘Shagun Ke Shares’ campaign this Diwali.

This year, the fintech company is encouraging people to adopt ‘muhurat trading’ as a Diwali ritual and begin their journey of smart investments with Angel One.

As part of the campaign, Angel One has released a digital film showcasing a young man investing during the Muhurat Hour on Diwali and asking people to make smart investments with Angel One for quick account opening, zero brokerage and smart recommendations. The company has also tied up with influencers from different genres and is leveraging the ICC Men’s T20 World Cup tournament to initiate the conversation around finance.

Spreading out the message, Angel One chief growth officer Prabhakar Tiwari discusses ‘muhurat trading’ in a video message on his social media.

According to Angel One, the top Diwali picks for this year include Federal Bank, Sona BLW, HCL Technologies, Stove Kraft, and Shobha, among others.

Speaking about launching the “Shagun Ke Shares” campaign, he said, “For a long time, Muhurat Trading has been followed by just investors and traders. With an increasing population participating in the stock market, Muhurat Trading can be a good start for more people to hop on the bandwagon and turn it into, like all other Diwali rituals, something we are trying to do with our “Shagun Ke Share” campaign this year. The investment during the auspicious occasion is considered a sign of good fortune.”

Adding to it, Angel One chief executive officer Narayan Gangadhar said, “India is a land of unique traditions. Even in the stock market, we have a tradition that is unique to us-‘muhurat trading.’ The muhurat hour marks the beginning of the financial year, and our state-of-the-art smart solutions can enable people to begin their investment journey on this auspicious occasion. We look forward to more people adopting to investing during the ‘muhurat trading’ hour this year.”

October 22, 2022
Ashika Group brings in Vishesh Sharma as CMO

Mumbai: Finacial services provider Ashika Group has appointed Vishesh Sharma as chief marketing officer (CMO). He will be based in Mumbai and report directly to Ashika Group CEO Chirag Jain.

The bolstering of the company’s leadership ranks is in line with its vision of fortifying the personal finance ecosystem and transforming how New India manages its savings and investments with the newly-launched My Dhanush app, said the statement.

At Ashika Group, Sharma will be responsible for brand building, content marketing, social media, and corporate communications for the retail business, which is stacked under the company’s master brand, My Dhanush, it added.

“We are excited to welcome Vishesh, a passionate brand-builder, and are confident he will play a vital role in building a truly world-class FinTech brand,” said Chirag Jain. “I believe under his able leadership and in-depth understanding of customer communication, we will strengthen Ashika further and drive growth across our portfolio.”

A communications veteran, Sharma joins Ashika Group with 13 years of extensive and diverse work experience across fields, including brand communication, content marketing, corporate communications, reputation management, internal communications, public affairs, and financial education. In his previous stint, he was with Angel One as head of content marketing, corporate communications, and strategic alliances, where he successfully transformed the company’s image from a traditional broker to a fintech. He also led the retail communication for Angel One’s IPO.

Earlier, Sharma also served as the chief content strategist for Sharekhan by BNP Paribas, where he helped set up the digital assets department. He has worked with some prominent brands like Dalal Street Investment Journal, Progressive Media Group among others.

In the last couple of years, he has been conferred with multiple marketing awards, including Corporate Communications Person of The Year, Marketing Leader of the Year (BFSI), and Content Marketing Professional of the Year.

“I am excited to join such a fast-growing organization and play a part in building one of India’s very first personal finance super app My Dhanush. Ashika has an excellent track record of helping its clients grow their wealth by helping them invest wisely,” said Vishesh Sharma. “With a strong vision to build solutions that revolutionize the way new India invests, I look forward to helping Ashika strengthen its national leadership to be both a force for growth and a force for good.”

February 10, 2022