Nithin Kamath
$5.0B
Born
Oct 05, 1979
Age
46
Source of Wealth
Financial services
Residence
Bangalore,
Citizenship
India
Marital Status
Married
Children
1
Education
- Nithin Kamath cofounded discount brokerage Zerodha in 2010 with his brother Nikhil Kamath. It went on to disrupt the brokerage market in India.
- The Bangalore-based Zerodha, has more than seven million clients, making it one of the largest brokerage firms in the country.
- Their venture capital fund and incubator, called Rainmatter, invests in fintech companies and ventures that promote financial inclusion.
- Their investment management firm True Beacon is aimed at ultra-high net worth investors and operates on a zero-fee model.
- Zerodha revenue took a hit when the stock exchange regulator's tightened rules in November 2024 for futures and options traders. who are its main customers.
- Zerodha combines the word 'zero' with the Sanskrit word 'rodha', which means barrier.
- Kamath disclosed on social media that he had a mild stroke in January 2024 due to multiple reasons, including over-exercising, exhaustion and his father's death.
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