Angel One Wealth Limited (AOW) is enhancing wealth management for India's affluent HNI and UHNI clients by combining domain expertise with advanced technology. Supported by Angel One, AOW is creating an omnichannel wealth-tech platform with three integrated business verticals: HNI, UHNI, and Alternate Assets. This platform offers sophisticated investment strategies and seamless service delivery from a team of wealth managers, market strategists, and tech specialists.
The wealth management landscape is evolving, with India's HNI population expected to grow at a 16 per cent CAGR to 1.65 million by 2027. AOW's strategy focuses on three pillars: offering comprehensive investment products across diverse asset classes, providing tech-driven client accessibility, and supporting relationship managers with deep market insights. This approach aims to tackle industry challenges like innovation barriers, high operational costs, and fees. The Rs 2.5 billion investment from Angel One will be used to build core tech infrastructure, leverage AI and analytics, expand market presence, and develop expert-led product strategies.
Dinesh Thakkar, Chairman and Managing Director, of Angel One Limited, said, "Through Angel One Wealth we aim to cater to an expansive spectrum of clients, by leveraging technology and staying at the forefront of innovation. The seasoned investment professionals’ team, led by Srikanth, brings strong domain knowledge that enables us to capitalise on the evolving wealth landscape.”
Srikanth Subramanian, Managing Director & CEO, of Angel One Wealth Limited, said, “We want to reimagine wealth management for India’s HNIs and UHNIs on the bedrock of deep domain expertise and the power of technology. We are happy to have the strategic backing of Angel One in this journey, leveraging their technological prowess. We are building an omni-channel solution that will enhance the value of a trusted wealth manager through digital infrastructure and new-age technology.”
Since receiving a Rs 2.5 billion capital infusion, Angel One Wealth (AOW) has achieved key milestones, including forming an Advisory Council, Think Tank, Product Approval Committee, and Investment Committee. AOW has built a diverse team of around 60 professionals, developed an in-house fintech stack for wealth management, and established an AI Innovation Lab.
