The Story of Angel One with Dinesh Thakkar - One Man Business to a Public Company

A journey that started 33 years ago has resulted in a company that does over Rs. 1250 Cr in revenue and has a public market cap of more than 10,000 Crs. This is the story of Mr. Dinesh Thakkar, CMD of Angel Broking.

Before we start, let;s define a stock broker. These are entities that act as the middlemen between stock buyers and the stock exchange. And that's how Mr. Dinesh Thakkar started his career back in 1998. This was a time that the stock market was extremely small and so were the number of players participating in it. As popularized by the show Scam 1992, the market was also open to being rigged by a few powerful players. For 9 years, he learnt the ropes as a stock broker and saw the industry go through the tough phase of early 1990's. As the market was getting bigger, so were its participants, and in order to serve the new market participants, Mr. Thakkar set up Angel Broking in 1996.

Leveraging new age technology and the ability to take long term strategic bets have been a key reason for the success that Angel Broking has had. The company has seen major transformations from introduction of real-time trading over computers to trading over mobile apps. The company has evolved with the times and continued to expand into new business verticals to create this behemoth today.

As the company reaches it's 25th Anniversary, it's laying the foundation for next decade's growth. Considering that only 5% of Indians invest in Equity, the headroom for growth is still quite huge. And to capture this market, Angel Broking is being rebranded to Angel One with a bigger focus on customer education and helping them end to end.

We talk to Mr. Thakkar about his journey of building Angel Broking, his thoughts on technology, customer centricity and building a sustainable organisation.

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