Angel Broking Registers Record Growth in Feb 21
Saturday, March 13, 2021 10:00AM IST (4:30AM GMT)
Doubled client base to 3.75 million in 11 months
Mumbai, Maharashtra, India: Angel Broking, one of the largest brokerage houses in the country, continues to witness record operating parameters in February 2021. The company has more than doubled its client base to ~3.75 million clients in February 2021 from ~1.82 million in FY20.
The digital first approach has enabled Angel Broking to deepen its penetration further into Tier 2, 3 and beyond cities and accelerate its gross client addition. In February 2021, the company achieved highest gross client addition of just over 0.29 million customers, translating into 350.1% YoY growth. This was the third consecutive month where it added more than 0.20 million clients in a month and third consecutive quarter where over 0.50 million clients were added in a quarter. Angel Brokin