In Memoriam: Vinay Agarwal — a man among men

Dinesh Thakkar
2 min readApr 19, 2021

I am still struggling to come to terms with the idea that Vinay Agarwal is no longer with us. His sudden departure is an irreparable loss to his family and to Angel Broking. We have lost a visionary leader, a friend and a guide.

We were not technocrats, and Vinay did not believe that only technocracy was needed to be successful in business. He was a strong believer of innovation and was always curious to learn about new developments in technologies that could enhance customers’ experience with Angel Broking.

Vinay was a major driver in Angel Broking’s transformation into a totally digital player. His business acumen, determination, and clear vision of the road forward enabled us to successfully adapt to the digital renaissance. He always planned his strategies very well before taking a leap, and becoming totally digital was a huge leap considering that we were planning an IPO. He had a big task on his hands. First, he had to close down all the physical offices and concurrently create numerous digital assets to give existing as well as new customers the best digital experience as they adapted to a totally digital service. He had to get the digital strategy right, and that included digital sales, service, product features, customers on app journeys, uptime of data centers and the right set of skills and resources required for an anticipated big jump in our customer base. The rest is history. Today, Angel Broking is the third fastest-growing stockbroker in India. I am immeasurably indebted to Vinay for helping make Angel Broking one of the top three stockbroking companies in India.

We will miss your presence, Vinay, but we will always be guided by your approach and ideology. My heartfelt condolences go to his family. I have lost a part of me.

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Dinesh Thakkar

Chairman and MD — Angel Broking; with a vision of making Angel Broking the largest retail broking house in the country. Also, super-car enthusiast!