Kotak Neo Announces Strategic Tie-up with Sharewealth Securities

Kotak Neo (Kotak Neo) has today announced its strategic tie-up with Thrissur-based Sharewealth Securities Limited - a leading Kerala-based brokerage firm, with clientele spread across in Kerala, Tamil Nadu, Karnataka, Maharashtra, and Gujarat. Under this partnership, Kotak Neo will be catering to more than 40,000 investors and clients of Sharewealth Securities.

Sharewealth Securities is a corporate member of NSE and BSE as well as a depository participant with CDSL. Its group company Sharewealth Commodities Pvt. Ltd. has membership in MCX. With the above partnership, investors and clients of Sharewealth Securities can now avail all offerings of Kotak Neo.

Jaideep Hansraj, MD & CEO, Kotak Neo said, “We are excited to onboard and service around 40,000 investors through this tie-up with Sharewealth Securities Limited. This tieup will further strengthen the investor’s journey in the stock market with our research insights, trading app loaded with a host of features and make transactions faster.”

Ramakrishnan TB, MD & CEO, Sharewealth Securities Limited added, “We are delighted to have this strategic alliance with Kotak Neo. Kotak is a great institution and one of the most trusted names in the BFSI segments. This alliance with Kotak will create more opportunities for customers to invest in a wide range of products along with robust technology.”

About Kotak Neo

Kotak Neo (Kotak Neo), a subsidiary of Kotak Mahindra Bank, is one of India’s largest full-service stock broking firms catering to retail and institutional investors across all segments of the capital market. Through a tie-up with partner brokers, the company also provides direct access to the US markets. Supported by a strong research team, robust digital trading platform, large branch network & franchisee base, and referral coordinators spread across Kona Kona of India, Kotak Neo processes lakhs of secondary market trades every day. As on 30th June 2021, Kotak Neo has a national footprint of 152 branches, 1510 franchisees and satellite offices across 360 cities in India serving 23 lakh client base. Kotak Neo provides a wide array of services including investment options in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers margin trade funding, depository services and third-party products like insurance.

For more information, please visit the company’s website