You can be on Entrepreneur’s cover!

Why Stock Brokers Should Adopt Technology Kaushlendra Singh Sengar, Founder,, shares the gaps in the stock broking industry that can be filled by technology

By Bhavya Kaushal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Kaushlendra Singh Sengar, Founder of, shares why adopting technology is the need of the hour for the stock broking industry that can be filled by technology.

Challenges in the Industry

Sengar says that stock broking industry is struggling as retail participation is plummeting. He also points out the biggest reason for the same, "Brokers are not using technology in the right way to increase the market size."

Another reason why there is a slump in the industry is because the KYC software that brokers are using as per Securities and Exchange Board of India (SEBI) compliances for client onboarding takes a lot of time to process which increases the drop rate of users. He says, "Client on-boarding should not ideally take more than 30 seconds."

Making it a Seamless Process

It is essential to adopt latest technologies like machine learning, artificial intelligence, data science and deep learning to improve user experience. "These technologies will improve user experience and user interface."

He also added that technology will help making investments in stocks as easy as online shopping.

Bhavya Kaushal

Former Features Writer

I am a work-in-progress writer and human being. An English graduate from Delhi University, writing is my passion and currently, I was Entrepreneur India's start-up reporter. I love covering start-ups and weaving their stories into unforgettable tales with the power of ink! 
News and Trends

IT Firm Happiest Minds Technologies Acquires Macmillan Learning India

The deal will likely be finished by April 30 and will cost INR 4.5 crore.


You Won't Have a Strong Leadership Presence Until You Master These 5 Attributes

If you are a poor leader internally, you will be a poor leader externally.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.


Why This One Unique Marketing Approach is the Key to Business Growth

Adopting this approach now will help you succeed and see consistent, measurable growth over the long term.