An Unique Interview with Atul Parakh, Founder & CEO of Bigul, a next-generation FinTech platform
Within the quickly evolving world of finance, know-how is reshaping how individuals make investments and commerce. Atul Parakh, Founder & CEO of Bigul, is main this transformation with a next-generation FinTech platform constructed to empower retail traders.
On this unique interview, he shares insights on Bigul’s journey, imaginative and prescient, and the way it’s redefining accessibility in monetary markets.
What impressed you to create Bigul, and what was the issue you got down to clear up?
Atul Parakh: The thought behind Bigul was born from a transparent hole we observed—traders needed transparency, belief, and trendy know-how in a single place, however only a few platforms provided all three collectively.
With Bonanza’s many years of expertise as a robust basis, we envisioned Bigul as a platform that simplifies investing, removes hidden complexities, and makes use of next-gen know-how to empower traders. Our purpose was to make buying and selling not simply simpler, but additionally extra dependable and reliable.
In a crowded fintech market, what makes Bigul stand out amongst current buying and selling and investing platforms?
Atul Parakh: Bigul stands out as a result of it brings collectively one of the best of two worlds—the sturdy legacy and belief of Bonanza with cutting-edge trendy know-how. As a tech-savvy platform, we give attention to delivering velocity, transparency, and user-friendly instruments that empower traders to commerce smarter.
On the similar time, Bonanza’s many years of expertise within the monetary markets give us the soundness, compliance power, and buyer belief that new-age gamers typically lack.
This distinctive mix of legacy and innovation positions Bigul as a platform that’s each dependable and future-ready.
How do you see fintech reworking the funding and wealth administration area in India over the subsequent decade?
Atul Parakh: Fintech will democratise investing via fractional possession, low-cost entry, and intuitive digital platforms.
Robo-advisory and AI-driven insights will allow personalised portfolios at scale, whereas Account Aggregator frameworks will unify information throughout banking, insurance coverage, and investments. Tokenised belongings, digital gold, and new product wrappers will develop investor selection.
Over the subsequent decade, wealth administration will shift from a privilege for the prosperous to an reasonably priced, tech-enabled service for mass retail, with B2B wealth-tech options additionally empowering advisors and household places of work.
How do you see regulatory frameworks influencing the way forward for buying and selling and fintech platforms within the nation?
Atul Parakh: Regulation can be each an enabler and a guardrail. SEBI’s strikes on T+1 settlements, retail algo safeguards, and Account Aggregator frameworks will deepen participation whereas enhancing investor safety.
Count on stricter disclosures, surveillance, and compliance prices, but additionally quicker innovation in settlement, open finance, and cross-platform information sharing. Fintechs should bake compliance, auditability, and shopper safety into their DNA.
People who collaborate proactively with regulators and incumbents will scale quicker, whereas others might face larger obstacles to entry.
How do you guarantee safety, transparency, and belief in a tech-driven buying and selling ecosystem?
Atul Parakh: Belief rests on three pillars: safety, transparency, and governance. Platforms should use consent-first information flows, multi-factor authentication, and encryption with safe key administration.
Transparency means clear disclosures on dangers, charges, and execution high quality, coupled with easy UX. Unbiased audits, real-time fraud detection, and robust incident response construct resilience. Governance contains dispute-resolution mechanisms and compliance with evolving laws.
Collectively, these practices create a buying and selling ecosystem the place traders really feel secure, knowledgeable, and pretty handled—turning safety and transparency into core product options.
What alternatives do you see for increasing past buying and selling into broader monetary companies?
Atul Parakh: Fintechs with sturdy distribution and information possession can lengthen seamlessly into lending, insurance coverage, and wealth administration.
Transaction information allows instantaneous credit score, whereas portfolio-linked insurance coverage or retirement options deepen engagement. Embedded finance can ship tax, property, and payroll companies for people and SMEs.
Platforms may evolve into neo-banking ecosystems, providing funds, deposits, and advisory beneath one umbrella.
Past B2C, B2B SaaS for compliance, custody, and threat administration offers scalable progress. This multi-service integration can flip buying and selling platforms into full-stack monetary marketplaces.
What recommendation would you give aspiring fintech entrepreneurs trying to launch in India immediately?
Atul Parakh: Deal with fixing an actual ache level deeply earlier than increasing. Construct compliance and safety into your product from day one—these are options, not add-ons. Companion with banks, AMCs, and infrastructure gamers to speed up scale and regulatory onboarding.
Maintain unit economics sustainable; fundraising is tougher immediately. Use India’s open-finance rails like UPI and Account Aggregator, however design fallback choices.
Lastly, prioritise buyer belief via clear UX and responsive assist. In fintech, credibility and retention—not simply acquisition—will outline the winners of tomorrow.
How will fintech rework funding and wealth administration in India over the subsequent decade?
Atul Parakh: Fintech will democratise entry to funding and wealth administration by way of AI-powered robo-advisors, huge information analytics, and digital platforms; tripling WealthTech market revenues by 2030 and increasing personalised advisory past HNIs to mass market segments.
The shift will enhance monetary inclusion, investor schooling, and facilitate international funding alternatives.
Atul Parakh’s journey with Bigul displays the spirit of innovation driving India’s FinTech revolution. His imaginative and prescient of constructing funding seamless, reasonably priced, and inclusive is shaping new alternatives for tens of millions.
As Bigul grows, its mission stays clear—equipping traders with the best instruments and data to take part confidently in monetary markets, thereby making a extra democratized investing panorama.
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