From Vision to Achievement: Alok Kumar Agarwal’s Biography at Alankit Group

Rahul Sharma
2 min readDec 5, 2023
Alok Kumar Agarwal Alankit

Alok Kumar Agarwal, a meticulous, efficient, and organized former Chairman of Alankit Group, boasts an impressive 38+ years of extensive experience in the finance sector. Born on January 10, 1958, in Bareilly, U.P., he founded Alankit Group, steering it from modest beginnings to a position of prominence in India’s financial landscape. A distinguished Chartered Accountant, Mr. Alok Kumar Agarwal journey is a testament to his drive, dedication, and strategic business acumen.

Having ventured into the capital market and commodities exchange in 1995, he demonstrated strong analytical and problem-solving skills. Mr. Agarwal’s robust business philosophy emphasizes a balanced blend of fiscal prudence and continuous innovation for long-term growth, a principle he fervently believes in. Under his leadership, Alankit Group evolved from focusing on Trading and Registrar and Shares Transfer Agents to encompass a diverse array of financial services. His insightful approach to business, coupled with a penchant for numbers, enabled the company to embrace e-Governance, Insurance Broking, and Healthcare.

Mr. Agarwal is a perceptive businessman with an enduring passion for numbers, given his background as a Chartered Accountant. He embraced risks and recognized the significance of marketing, alongside understanding the need to build inventories for income generation. With this knowledge, he launched Alankit Group, a comprehensive financial and Fintech services provider.

Initially focusing on Trading and Registrar and Shares Transfer Agents (RTA), the company expanded its offerings to include various financial services. Mr. Agarwal’s business strategy centered on delivering high-quality products and services, even with smaller profits than competitors, paving the way for growth and expansion.

As the company reached its limit in financial products and services, Mr. Alok Kumar Agarwal diversified into other sectors like e-Governance, Insurance Broking, and Healthcare. In 2014, he entrusted the day-to-day operations to his son, Mr. Ankit Agarwal, while maintaining oversight until his retirement as the Chairman of the Group in 2021.

Under Mr. Agarwal’s leadership, Alankit formed partnerships with several Ministries affiliated with the Government of India and extended collaborations with the country’s prominent nationalized banks.

Read More:- http://www.alokkumaragarwal.com/biography/

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