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Clues by NC Team • 10 Jan 2019, Thursday

Zerodha has emerged as the biggest brokerage firm in terms of client numbers. Zerodha, which added clients at an annual growth rate of 200-300% in last 5 years, had 8.47 lakh active clients as at December 2018 end, marginally ahead of ICICI Securities’ 8.45 lakh customers. Other major players included HDFC Securities which had 6.74 lakh customers, Sharekhan (5.49 lakh), Axis Securities (4.17 lakh) and Angel Broking (4.16 lakh), according to the NSE data. Zerodha is India’s first technology-centric discount stock broking[1] company founded in 2010 by brothers Nithin Kamath and Nikhil Kamath. 

Read More at The Economic Times

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