Kotak Securities and Caregrowth Broking Partner to Provide Enhanced Services to 35,000 Retail Investors and Traders in Gujarat
Kotak Securities Limited, a full-service bank-backed brokerage firm, announced a strategic partnership with Rajkot-based Caregrowth Broking Pvt. Ltd. (CBPL), a prominent financial services provider. With this partnership, Kotak Securities will extend its services to over 35000 investors and traders of Caregrowth Broking, leveraging latter’s deep-rooted regional presence and expertise in Gujarat. The partnership is aimed at strengthening the retail client experience for Caregrowth customers who will be seamlessly transitioned and integrated with Kotak Securities platform.
As of April 2025, Gujarat has crossed one crore investor accounts, according to the NSE data, positioning it among the top three states in India for capital market participation. The state continues to witness steady year-on-year growth in investor registrations.
Both Kotak Securities and Caregrowth Broking share a strong commitment to customer-centricity. This partnership aims to empower retail investors and traders in the state with enhanced financial solutions, cutting-edge technology, and expert advisory services.
Shripal Shah, MD & CEO, Kotak Securities Limited, added, "We are delighted to collaborate with Caregrowth Broking Pvt Ltd, a distinguished entity in Gujarat’s financial sector. Together, we aim to simplify and enrich the investment journey for their clients through our cutting-edge trading app, Kotak Neo. In the coming months, we will launch investor awareness and education initiatives, deepen our penetration in the state, develop customized investment solutions leveraging our joint capabilities, and maintain a steadfast focus on ethical practices and zero-complaint service standards."
Tarun Shah, Chairman and Managing Director of Caregrowth Broking Pvt Ltd, remarked, "We are delighted to collaborate with Kotak Securities, a prominent name in India’s broking industry. Through this partnership, we are aligning with a brand that shares our values of excellence, innovation, and customer-centricity. Together, we aim to enhance our clients’ experience by integrating technology, research, and product offerings, in continuation to the care and responsiveness they always expect."
With this collaboration, Caregrowth’s clients will have access to Kotak Securities’ seamless, robust trading ecosystem through Kotak Neo app, designed to support both new to trade as well as the seasoned traders. They can now access:
* A wide range of investment products across equities, commodities, mutual funds, ETFs, F&O and derivatives as well as IPOs, Kotak Three-in-One account among others
* Industry-leading research recommendations
* Advanced digital platforms and mobile trading solutions through Kotak Neo App
This collaboration builds on Kotak Securities’ successful alliances over the years in key markets such as Delhi, Madhya Pradesh, Kerala, Tamil Nadu, Maharashtra, West Bengal, and others. It reflects the firm’s ongoing customer-first strategy to extend the reach of Kotak Neo’s advanced capabilities to investors and traders across India.
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