Dhan Appoints Ketan Shah as CEO of Omnichannel Business

Stock trading and investment platform Dhan has appointed Ketan Shah as the Chief Executive Officer (CEO) of its omnichannel business, effective September 22, 2025. Shah, who brings over 25 years of experience in the stock broking industry, will lead Dhan’s efforts to expand and strengthen its presence across multiple sales and service channels, aiming to enhance customer experience and market reach.
Prior to joining Dhan, Shah served as the Chief Strategy Officer and Board Member at Angel One (formerly Angel Broking), where he played a pivotal role in the company’s early growth, digital transformation, public listing, and emergence as one of India’s top three brokerage platforms. His extensive background spans business, technology, distribution, revenue, and strategy, making him a valuable addition to Dhan’s leadership team.
Dhan’s founder and CEO, Pravin Jadhav, expressed enthusiasm about Shah’s appointment, stating, “With Ketan leading the new charter at Dhan, we hope to build and scale our business via omnichannels by enabling our partners to succeed by leveraging technology.” This strategic move underscores Dhan’s commitment to expanding its offerings and reaching a broader audience through both online and offline channels.
Founded in 2021, Dhan is a stock trading platform that competes with industry leaders like Zerodha and Groww. The company is part of Raise Financial Services, which also operates other platforms such as Upsurge, a learning platform for finance and markets; ScanX, which offers market insights for public investors; and FilterCoffee, a financial media venture. This appointment comes amid fresh fundraising activity at Raise Financial Services, reflecting the company’s ongoing efforts to strengthen its leadership team and drive growth in the competitive financial services sector.