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Tuesday, February 4, 2025

Google Pay VP Ambarish Kenghe Joins Angel One As Group CEO

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Angel One, a major player in online stock broking, has appointed former Google Pay executive Ambarish Kenghe as its new Group CEO. Kenghe, who will join the company by March 6, 2025, brings extensive experience in scaling digital platforms. An alumnus of UC Berkeley, Purdue University, and IIT Kanpur, Kenghe previously served as Google Pay’s General Manager and Vice President for the Asia Pacific region, where he significantly contributed to the growth of the digital payments platform. He was also instrumental in the development of Chromecast and Google TV.

Before Google, Kenghe held leadership roles as Chief Product Officer at Myntra and as a strategy consultant at Bain & Company. Dinesh Thakkar, Chairman and MD of Angel One, expressed excitement about Kenghe’s appointment, believing his leadership will drive the company’s next phase of growth.

Founded in 1996, Angel One, formerly known as Angel Broking, offers broking services, investment advice, and financial product distribution. The company has seen significant growth, with its client base reaching 29.5 million by December 2024, a 52% increase YoY. Angel One reported an 8.1% increase in net profit and a 19% rise in operating revenue for Q3 FY25.

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