Encounter the Innovators: Alok Kumar Agarwal Alankit

Introducing Mr. Alok Kumar Agarwal Alankit, a perceptive and enterprising businessman who possesses an unwavering passion for numbers, Mr. Agarwal is an insightful businessman with unending love for numbers (as he is a Chartered Accountant by profession) who was willing to take risks and was aware of the importance of marketing.

Mr. Alok Kumar Agarwal, a visionary businessman, embarked on a journey to establish the Alankit Group, driven by his passion for numbers and understanding of the importance of marketing and inventory management. Initially focused on Trading and Registrar and Shares Transfer Agents (RTA) services, the company later diversified into various other financial and Fintech offerings.

His business strategy involved providing top-notch products and services, even if it meant accepting smaller profits compared to competitors. This approach proved successful, leading to significant growth and expansion of the company.

Recognizing the potential beyond financial services, Mr. Alok Kumar Agarwal ventured into e-Governance, Insurance Broking, and Healthcare sectors. In 2014, he handed over the company’s day-to-day operations to his son, Mr. Ankit Agarwal, while still overseeing the business until 2021 when he gracefully stepped down as the Chairman.

Under his stewardship, Alankit Group forged partnerships with various Ministries of the Government of India and strengthened collaborations with leading nationalized banks, solidifying its position in the industry.

The Investing Dilemma: Alok Kumar Agarwal Alankit Sheds Light on the Debate Between Value and Growth Strategies

On the flip side, Growth Investing is an investment approach centered on the acquisition of stocks or other assets with the anticipation of substantial long-term value escalation. This methodology hinges on the conviction that specific companies possess the capacity for swift and above-average expansion concerning revenue, earnings, or pivotal financial indicators. Those inclined towards Growth Investing primarily favor enterprises expected to surpass both their industry counterparts and the broader market in terms of growth potential, states Alok Kumar Agarwal Alankit. For more information read our full blog.