Who is the founder of 5paisa?

5paisa was launched in 2016 by Prakash Gagdani and Nirmal Jain and within a short span of time; multiple exchange trading, flat brokerage pricing model, best-class technologically advanced trading platforms, etc. make it one of the fastest-growing discount broking houses in India.

Currently, Fairfax India Holdings and Mr. Nirmal Jain are the major shareholders or promoters in 5paisa, who also have shareholdings in IIFL Holdings.