About Axis Direct
Axis Direct is a company based in Mumbai (India) founded in 2006.. The company has 2,238 employees as of April 06, 2024. Axis Direct offers products and services including Trading Platform, Demat Account, and Mutual Fund Services. Axis Direct operates in a competitive market with competitors including Groww, Angel One, Upstox, Interactive Brokers and Tiger Brokers, among others.
- Headquarter Mumbai, India
- Employees 2238 as on 06 Apr, 2024
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Axis Securities Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$133.64 M (USD)57.58as on Mar 31, 2024
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Net Profit
$35.19 M (USD)49.92as on Mar 31, 2024
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EBITDA
$76.79 M (USD)70.22as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2238
as on Apr 06, 2024
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Products & Services of Axis Direct
Axis Direct offers a comprehensive portfolio of products and services, including Trading Platform, Demat Account, and Mutual Fund Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables buying and selling of equities and derivatives.
Facilitates electronic storage and management of securities.
Allows investment in various mutual fund schemes online.
Funding Insights of Axis Direct
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Axis Direct
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Axis Direct
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axis Direct Comparisons
Competitors of Axis Direct
Axis Direct operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Groww, Angel One, Upstox, Interactive Brokers and Tiger Brokers, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
An online platform for investments and trading services is offered.
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| domain | founded_year | HQ Location |
App-based brokerage stock trading platform
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| domain | founded_year | HQ Location |
Tech-driven trading platform is offered for low-cost brokerage services.
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| domain | founded_year | HQ Location |
Provider of online brokerage services and trading platforms
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| domain | founded_year | HQ Location |
Online trading of stocks, securities, and options is enabled.
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| domain | founded_year | HQ Location |
Online platform for stock trading, mutual funds, and investment tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Axis Direct
Frequently Asked Questions about Axis Direct
When was Axis Direct founded?
Axis Direct was founded in 2006.
Where is Axis Direct located?
Axis Direct is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Axis Direct?
Pranav Haridasan is the current CEO of Axis Direct.
How many employees does Axis Direct have?
As of Apr 06, 2024, the latest employee count at Axis Direct is 2,238.
What is the annual revenue of Axis Direct?
Annual revenue of Axis Direct is $133.64M as on Mar 31, 2024.
What does Axis Direct do?
Axis Direct was established in 2006 in Mumbai, India, as an AI-driven platform in the financial services sector. Investments in stocks, derivatives, mutual funds, systematic investment plans, and commodities are facilitated through a unified interface. Operations focus on providing access to diverse asset classes for users across India, with equity and related products integrated into the core offerings.
Who are the top competitors of Axis Direct?
What products or services does Axis Direct offer?
Axis Direct offers Trading Platform, Demat Account, and Mutual Fund Services.