Angel One takes a decisive step towards Gen Z engagement through team acquisition of the Bengaluru-based fintech startup, Dstreet Finance. This is Angel One's first ever acquisition of a tech startup team.
By investing in products, technology & talent through inorganic acquisitions and partnerships, Angel One aims to strengthen its position in the market and enhance its product offerings for the younger generation.
The team at Dstreet Finance has joined Angel One to spearhead content, user engagement and learning related initiatives.
Founded by Suresh Bavisetti and Paarth Dhar, Dstreet Finance, headquartered in Bengaluru, specialized in content and engaging learning experiences tailored for emerging stock market investors. Since its establishment in April 2021, the platform successfully onboarded and served over one million users. Dstreet Finance had previously garnered investments from notable backers including ICICI Securities, Expert Dojo, Archana Priyadarshini, and Mumbai Angels.
This move comes on the heels of Angel One's recent in-principle approval from the Securities and Exchange Board of India (Sebi) to sponsor a mutual fund - a significant development for Angel One and its clients alike.
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