Jio IPO Lifts Angel One Past Zerodha as India’s No. 2 Broker

Angel One Ltd. became India's second-largest brokerage by active investors on the National Stock Exchange of India, surpassing Zerodha Broking Ltd., according to data from the exchange. The shift followed Jio Platforms Ltd.'s initial public offering, which raised $3.1 billion. Angel One is a subsidiary of Angel Broking Ltd., which facilitated investor participation in the Jio offering.

• Bloomberg — Jio IPO Lifts Angel One Past Zerodha as India’s No. 2 Broker

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