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5paisa's Overview

Total employees893
HeadquartersThane
Founded2016

5paisa Capital Ltd. is one of India's leading discount brokers, offering a comprehensive online platform for trading and investment across various segments including equities, derivatives, commodities, currencies, mutual funds, and IPOs. Launched in 2016, it aims to make financial services accessible and affordable to retail investors through its low-brokerage model and user-friendly technology. 5paisa provides research tools, educational resources, and a suite of financial products, positioning itself as a one-stop solution for investors and traders.

Where is 5paisa's Headquarters?

HQ Function

Serves as the central hub for all strategic, operational, technological, and financial decision-making for 5paisa's nationwide brokerage and investment services.

Notable Features:

Located in a prominent IT and business park, the office likely features modern infrastructure designed to support a fast-paced fintech environment, with open-plan workspaces fostering collaboration.

Work Culture:

The work culture is typically dynamic, technology-driven, and customer-focused, emphasizing innovation, agility, and a performance-oriented environment to cater to the evolving needs of online investors.

HQ Significance:

The headquarters is crucial for coordinating its pan-India operations, technology development, customer support, and regulatory compliance, underpinning its position in the competitive discount broking market.

Values Reflected in HQ: The headquarters likely reflects values such as technological innovation, customer accessibility, transparency, and efficiency in financial services.

Location:

5paisa's operations are primarily focused on the Indian domestic market. It caters to Indian residents, including Non-Resident Indians (NRIs) eligible to invest in the Indian stock market. The company does not have significant physical international offices for direct customer service, leveraging its online platform for accessibility.

Street Address:

Sun Infotech Park, Road No. 16V, Plot No.B-23, Thane Industrial Area, Wagle Estate

City:

Thane

State/Province:

Maharashtra

Country:

India

5paisa's Global Presence

Various cities, India

Address: Not publicly listed as distinct full-fledged offices; operations are largely centralized with potential for regional support presence.

To provide localized support and market penetration in key urban centers, supplementing their primary digital service delivery model.

Buying Intent Signals for 5paisa

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of 5paisa

As of April 2025, 5paisa' leadership includes:

Prakarsh Gagdani - Chief Executive Officer
Gourav Munjal - Whole-Time Director & CFO
Feroze Azeez - Deputy CEO
Namdev P Chougule - Company Secretary & Compliance Officer

Investors of 5paisa

5paisa has been backed by several prominent investors over the years, including:

IIFL Holdings Limited (Promoter Group)
Fairfax Financial Holdings Limited
Ward Ferry Management
HWIC Asia Fund
WF Asian Reconnaissance Fund

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits0

In the past year, 5paisa strengthened its leadership by appointing Feroze Azeez as Deputy CEO. There have been no major publicly disclosed executive exits during this period.

New Appointments:

Feroze Azeez, Feroze Azeez appointed as Deputy CEO, bringing extensive experience in the financial services industry.

Technology (Tech Stack) used by 5paisa

Discover the tools 5paisa uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

5paisa Email Formats and Examples

5paisa typically uses standard corporate email formats. The most common structure involves the employee's first name and last name, or initials, followed by the @5paisa.com domain.

[first_name].[last_name]@5paisa.com or [first_initial][last_name]@5paisa.com

Format

prakarsh.gagdani@5paisa.com

Example

80%

Success rate

News and media

Business StandardMay 7, 2024

5paisa news title: 5Paisa Capital's Q4 profit jumps multi-fold to Rs 17.03 crore

5Paisa Capital on Tuesday reported a multi-fold jump in its consolidated profit after tax to Rs 17.03 crore for the three months ended March 2024, aided by strong growth in broking income....more

The Economic TimesOctober 17, 2023

5paisa news title: 5paisa Capital appoints Feroze Azeez as Deputy CEO

Online brokerage firm 5paisa Capital on Tuesday announced the appointment of Feroze Azeez as its Deputy Chief Executive Officer (CEO). Azeez has over two decades of experience in financial services. Prior to this, he was associated with Anand Rathi....more

MoneycontrolFebruary 14, 2024

5paisa news title: Buy 5Paisa Capital; target of Rs 650: JM Financial

JM Financial recommended a buy rating on 5Paisa Capital with a target price of Rs 650 in its research report dated February 14, 2024, citing positive outlook and growth potential....more

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