Angadia refers to a trusted network of individuals who specialize in the secure transportation of valuable goods, including cash, jewelry, and important documents.
[3] Historically, Angadias were primarily employed by merchants, businesses, and individuals who required a secure means of transferring funds or valuable assets.
This made them particularly valuable in a society where formal banking services were not easily accessible or lacked the level of trust required for high-value transactions.
[5] In recent years, the Angadia system has faced some challenges due to increased regulatory scrutiny and the emergence of formal banking channels.
They primarily conduct their operations in areas such as Bhuleshwar, Opera House, and Zaveri Bazaar in South Mumbai, as well as in northern suburbs like Malad, Borivli, and Ghatkopar.