Zerodha, India’s leading technology-driven brokerage firm, announced its overall growth numbers for this financial year.Zerodha currently has a user base of over 6 lakhs across India, as compared to the last financial year. Zerodha has grown tremendously in the past one year, adding clients at a rate of 204% (FY 17-18).
Speaking more on the development, Nithin Kamath, Founder & CEO, Zerodha, said, “The year 2017 was quite a year for us as a business. We became the largest retail broker in India by turnover on all the exchanges and segments, biggest in India by monthly new client additions and largest standalone direct mutual fund platform in Coin. With our technology team taking the lead, we have many new products in the pipeline for launch in the next quarter. I am hopeful that with new offerings and continue to wow our existing and new clients, we will be able to grow at a much faster this financial year.”
In West Bengal, Zerodha has offices in Kolkata. It has grown at a rate of 231% for (FY 17-18)with a client base of over 23173 and touchpoint of 2 branch offices and 3 partner offices.
In Kolkata, Zerodha has over 12000 clients and has grown at a rate of 260% for (FY 17-18).