Category: Mr. Sidhavelayutham

  • Referral program by Alice Blue sees a boost in new customer additions – Primex News Network

    Referral program by Alice Blue sees a boost in new customer additions – Primex News Network

    July 14: Alice Blue has witnessed an increase in revenues and new customers with the gaining popularity of its referral program. Launched initially on 1st July 2021, the referral program has gained ground and has had significant traction in new customer additions. This has also directly contributed to additional revenue generation from new investors.

    Mr. Sidhavelayutham, CEO, of Alice Blue said, “The referral program has been a successful initiative in new customer initiatives. With the target to acquire 2L customers by the end of 2022, we have renewed our focus on value addition to traders and investors. We ensure ongoing technological upgrades for trading tools to reduce downtime and service glitches and also by offering a variety of access tools and strategies & learning courses.”

    Significantly, even during volatility in the markets Alice Blue has witnessed a growing customer addition indicating a high positivity in Investments and trading as a whole. With the growth of economic activity investors has seen a rise in their earnings & investments prompting them to refer their family and friends to invest as well.

    Alice Blue gives ₹500 on every referral a customer provides. Additionally, the customer gets 10% of the brokerage of their friend pays for life, and they receive 10% cashback on brokerage for 30 days as well. Additionally, the company offered a premium course on options trading worth ₹1500 for free for both new and existing clients as a referral bonus.

    Mr. Sidhavelayutham, further said, “The current period is highly crucial in terms of investment, as the market’s decline is creating possibilities to invest in particular areas at significantly reduced prices.”

    Log in to https://aliceblueonline.com/ to learn more about the various investment opportunities available, as well as their educational content on the Stock Market.

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  • Alice Blue records significant growth in Futures & Options Trade – Primex News Network

    Alice Blue records significant growth in Futures & Options Trade – Primex News Network

    –  Records 17% increase in F&O trade-in sheer Volumes –

    Bangalore (Karnataka) [India], May 26: Alice Blue has recorded significant growth in its Futures & options (F&O) trade volumes. In absolute numbers, the company has recorded a Year on Year growth of 17% in Trade volumes from newer customers who have opted for the F&O segment in Stock Market Trading. Quarter on quarter, the new customer addition to the F&O trade has increased steadily. The last quarter witnessed a significant increase of 34% in trade volumes.

    Thought the overall new customer addition for FY 2021 – 22 was up by 3 %, giving a positive outlook and positive trade sentiment for the year ahead. This robust growth is attributed to a strong customer-oriented approach and focused delivery and support to customer services. With this rapid growth potential, Alice Blue customer base is expected to double by the end of the financial year 2022.

    Mr. Sidhavelayutham M., the Founder and CEO of Alice Blue, said, “Post the Covid Lockdown, we have been witnessing a steady growth of trade volumes & and newer client additions. This steady growth reflects positive investment, trade sentiment and confidence in our economic activity. Through our easy to use touchpoints, we hope to onboard more customers and help enable their trading and investment needs seamlessly.”

    Alice Blue offers tech-based learning systems such as Trade School and ANT IQ. These platforms provide educational courses and webinars on trading & investment by India’s top stock market investors and educators. For beginners, ANT-IQ educates customers through insightful articles and blogs on how to get started in the Stock Market. These learning tools and new product offerings have been strong motivators for new customer acquisitions.

    Alice Blue also offers a sophisticated marketplace for trading products called Trade Store, which is the first of its kind and helps the customers with, Automating the Trades with Zero Coding Knowledge, trading and Investment tips, and Investment in Mutual Funds at Zero Brokerage Fees. Additionally, for ease of investing, the company offers customers a chance to invest in IPOs through easy UPI transactions.

    In addition to the online services offered, Alice blue services are also available across 20 major cities through 12,000 associates to assist with the physical presence and any requirements of customers who wish to trade and invest in the stock market.

    For More Details – https://www.aliceblueonline.com/