5paisa Capital, a discount broker has announced the appointment of Gaurav Seth as Chief Executive Officer (CEO) as it aims to deepen its offerings for traders and investors and further bolster its tech platform.
Seth has over two decades of experience building businesses at the intersection of financial services and technology globally with experience spanning the US, India and Southeast Asia.
Prior to joining 5paisa, he was the Chief Product Officer at Syfe where he focused on building Syfe as the leading digital wealth player in Southeast Asia. Earlier, Seth was the Chief Business Officer and part of the initial team at Paytm Money where he played a pivotal role in establishing Paytm Money as a top brokerage and mutual fund distributor in India.
Prior to Paytm, Gaurav led the digital transformation of Morgan Stanley’s wealth management business in NY and advised leading wealth managers on their digital strategy.
Seth is an alumnus of the Indian School of Business, Hyderabad, and a Bachelor of Engineering from the Thapar Institute of Engineering & Technology, Patiala.
R Venkataraman, Co-Promoter said, “Mr. Seth’s experience in tech-driven innovations at major global and Indian firms will complement the digital transformation priorities at 5paisa Capital. We look forward to a great period of growth and innovation at 5paisa Capital under Mr. Seth’s leadership.”
Gaurav Seth said, “5paisa Capital was the original disruptor in Indian broking industry and democratized equity investing for millions of Indians by offering a great platform at affordable fees. I am happy to be a part of this legacy and excited about the next phase of growth at 5paisa.”
