Dhan Names Ketan Shah as CEO of Omnichannel Business
The stock trading platform Dhan has declared Ketan Shah as the Chief Executive Officer (CEO) of Omni Channel Business. Shah has more than 25 years of extensive experience in the stock broking sector, encompassing business, technology, distribution, revenue, and strategy.
He becomes part of Dhan’s leadership team to develop and expand its omni-channel operations along with the distribution of investment and trading products and various financial services.
Prior to joining Dhan, Shah played an important role at Angel One (previously Angel Broking) for more than 25 years. He participated in its initial development, transition to a digital enterprise, public offering, and expansion to rank among the top 3 brokerage platforms in India. Most recently, he held the position of Chief Strategy Officer and Board Member at Angel One.
Also Read: Will GST Reform Benefit the Common Man? Leaders Talk
Based in Mumbai, Raise Financial Services manages multiple platforms, such as Dhan, a trading platform for investors and traders; Upsurge, an educational platform for finance and markets in India; ScanX, which delivers market insights and intelligence for public market investors; and FilterCoffee, providing financial media.
Also Read: 5 Interesting CMO Appointments in August 2025
Established in January 2021 by Pravin Jadhav, Alok Pandey, Jay Prakash Gupta, and Raunak Rathi, Dhan secured $22 million in its latest funding round in January 2022. BEENEXT, Mirae Asset, 3one4 Capital, and Rocketship.vc are its key investors. The company was said to be discussing a significant funding round.
Last September, Dhan overtook Paytm Money to break into the top 10, vying in a competitive landscape with rivals like Groww, Zerodha, AngelOne, Upstox, Paytm Money, and PhonePe’s Share.
Also Read: 5 Major CPO Appointments in 2025
According to the most recent NSE statistics, Dhan achieved the 9th position among stock brokers in August, holding a 2.15 percent market share and serving 1 million clients.