Expectations for Increased Household Stock Market Participation by Dhan CEO Pravin Jadhav
The CEO of Dhan, Pravin Jadhav, recently expressed an optimistic forecast regarding the future of stock market participation among households. According to Jadhav, the current 4% of households actively involved in stock markets could potentially double within the next five years. This prediction is based on the significant strides being made by the trading platform run by Raise Financial Services.
Scaling Up for the Future
Dhan, with its ownership and management helmed by Raise Financial Services, is experiencing a rapid expansion phase. Now boasting a robust user base that exceeds 250,000 traders and investors, the platform has established itself as a significant player in the trading domain.
Impact of the User Base Growth
The anticipated growth in household participation is seen as a direct outcome of the scalability and reach of trading platforms like Dhan, which has cultivated a substantial community of dedicated users. By fostering an environment conducive to trading and investment, Dhan contributes to the broadening of the stock market's appeal to a diverse set of households.
Stocks, Trading, Growth