Kotak Securities Announces TradeGyaani, Virtual Trading Acquisition, Thematic Investment Platform

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Kotak Securities Limited today announced that it has acquired virtual trading and thematic investing platform TradeGyani.

The founders of TradeGyani – Rahul Pahuja and Brijendra Singh will join the Corporate Development division of Kotak Securities Limited and focus on designing and launching new investment products for retail investors.

The business development division of Kotak Securities Limited was established in fiscal 2021 to harness innovation and new era technologies by collaborating, incubating and investing in fintech and technology startups. As part of this initiative, the first-ever acquisition agreement represents an important step in bringing next-era technology and entrepreneurial talent to the brokerage firm.

As part of this agreement, Kotak Securities Limited acquires the product and associated intellectual property from TradeGyani; and involving the founders, he said in a press release.

Jaideep Hansraj, MD and CEO of Kotak Securities Limited, said, “TradeGyani’s team brings excellent knowledge and expertise in building social communities and themed investment platforms. The founding team will continue Kotak Securities Limited’s vision of creating comprehensive financial products for retail clients.

Shripal Shah, Chairman and Key Executive, Kotak Securities Limited also added, “This acquisition agreement is part of our strategy to build and scale new era investment products by partnering to fintechs through product collaborations, investments and acquisitions.

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Posted: Wednesday, March 02, 2022, 11:54 a.m. IST

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