Pranay Aggarwal — CEO
Most people never question their broker. They accept hidden fees, confusing charges, and brokerage anxiety as normal. I wanted to change it. I’m Pranay Aggarwal, and I’ve spent over 12 years inside Indian capital markets, across trading, investing, and brokerage operations. In 2017, I founded Stoxkart with a simple question: What if trading worked like a Netflix subscription? One flat fee. Unlimited trades. Zero brokerage stress. Today, that idea has become reality. 📍75K+ Demat Accounts in 10 months. 📍Clients Saved Brokerage 30 Cr+ 📍We grew 30x in 10 months. 📍Monthly Demat Accounts - 8K to 10K (65% Active Traders) The part most people find surprising is I come from a stockbroking family. My father founded SMC Global, one of India's top 10 brokers. I grew up watching the traditional brokerage model work. I could have taken the easy path and just continued that legacy. Instead, I chose to build something that competes with it. Stoxkart is a subsidiary of SMC Global, but we run it like a startup. Different culture. Different product. Different DNA. Our average employee age is lower, and our tech stack is modern. Our pricing model is the opposite of traditional broking. Looking ahead, my goal is simple. Take Stoxkart to 10 lakh active traders in the next 3 years. Build the most trusted subscription-based trading platform in India. Prove that you can serve retail investors without nickel-and-diming them on every trade. If you are building in fintech, scaling a startup, or just curious about the future of trading in India, let us connect.
Stackforce AI infers this person is a Fintech entrepreneur with a focus on innovative trading solutions.
Location: Delhi, India
Experience: 12 yrs 4 mos
Skills
- Strategic Leadership
- Technology Proficiency
Career Highlights
- Founded India's first SaaS broker.
- Scaled Stoxkart to 75K+ accounts in 10 months.
- Aimed for 1 million active traders in 3 years.
Work Experience
Stoxkart
Chief Executive Officer & Director (8 yrs 4 mos)
SMC Group
Director SMC Global Securities Ltd (9 yrs 4 mos)
PwC India
Audit Associate (Articleship) (3 yrs)