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Icicidirect

Can ICICI Securities make ICICIdirect the default all-in-one investment and wealth platform for India's digital-first retail and NRI investors?

Founded2000
HQMumbai, Maharashtra, India
IndustryFintech / Investment
The story

ICICIdirect is the retail brokerage and investment platform of ICICI Securities, a subsidiary of ICICI Bank. It started as an online equities trading platform for Indian retail investors and has since expanded into mutual funds, derivatives, bonds, and global market access. The platform leverages its parent bank's infrastructure for seamless fund transfers and is increasingly expanding into wealth management and financial advisory services for retail and NRI customers.

Last 12 months
2024
Product timeline
2000
ICICIdirect launched as an online brokerage platform by ICICI Securities Limited, offering equity trading to retail investors.· pivot
2021
Expanded global investment access, enabling Indian customers to invest in US and other global markets.· banking
Regulated entities
Stock Broker (NSE/BSE member)
India (SEBI)
ICICI Securities Limited
Depository Participant
India (SEBI)
ICICI Securities Limited
The stack
Banking / BaaS
ICICI Bank Limited (in-house)
Lending
Loan Against SecuritiesMargin Trading Facility
Accounting gap: minor