Ambarish Kenghe was the former Vice President of Google Pay for the last 6 years. Kenghe has now joined Angel One as their new CEO, and he will resume his role from March 2025. Angel One is a prominent stockbroking company based in Mumbai.
Kenghe’s journey to CEO
Kenghe pursued a B.Tech from Aligarh Muslim University and then a master’s from the Indian Institute of Technology Kanpur. Further, he studied at Purdue University and completed his MBA from the University of California.
He worked for Google’s Google Pay unit for six years. His contribution helped the platform to enhance user experience and reach more audiences. This made Google Pay one of the most-used online payment platforms in India. Kenghe announced his resignation from Google Pay and his new association with Angel One through LinkedIn.
Before joining Google Pay, Kenghe worked with Myntra, where as a chief product officer ,he empowered the company with AI/ML-powered innovation. He also served as a strategy consultant at Bian & Company in San Francisco.
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The digital transformation of Angel One
AngelOne, previously known as Angel Broking, has become a leading fintech platform in India after a significant digital transition. The company strategized on making a tech-advanced stockbroking company that is user-friendly and attracts young investors. Angel One is now the third largest stockbroker in the Indian market, with approximately 7.6 million active users.
In 2019, the company noticed a surge in digital fintech services. That is where they started with technological advancements. This led to an increase in their consumer base, from 1.8 million in 2020 to 13.8 million in 2023.
After the departure of the former CEO Narayan Gangadhar, the chairman, Dinesh Thakkar, has been looking after the operations. Thakkar expressed his confidence in Kenghe and his ability to lead the company to a new era of growth. His expertise in technical innovation will bring a fresh vision and cutting-edge solutions to the table.
Kenghe also expressed his gratitude to the Chairman through a LinkedIn post. Here he stated his excitement to join the innovative team. He further addressed the visionary leadership of Thakkar, which led to a new benchmark setting in the field of fintech.
