Page 42 - The 20 Most Promising Co-founders in Business Industry 2019
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Nithin Kamath:
Co-Founder & CEO of Zerodha
“ the market in 2010. It is India’s first “
Zerodha brought many firsts in India’s
broking industry when it entered
‘discount brokerage’ firm
erodha is an Indian financial “Top 10 Businessmen to Watch over 15% of all Indian retail
services company (member Out for in 2016 in India” by The trading volumes.
Zof NSE, BSE, MCX, Economic Times for pioneering
MCX-SX) that offers brokerage- and scaling discount broking in In addition, we run a number of
popular open online educational
free equity investments, retail, India. Playing basketball is his Zen. and community initiatives to
institutional broking, currencies, Right At the Beginning empower retail traders and
and commodities trading.
Founded in 2010, the company is We kick-started operations on the investors.
headquartered in Bangalore and has 15th of August, 2010 with the goal Rainmatter, our fintech fund and
presence in nine Indian cities. It is of breaking all barriers that traders incubator, has invested in several
also an official member of NSE’s and investors face in India in terms fintech start-ups with the goal of
consultative committee for growing of cost, support, and technology. growing the Indian capital markets.
business.
Today, our disruptive pricing And yet, we are always up to
The Visionary Founder models and in-house technology something new every day. Catch up
Nithin Kamath bootstrapped have made us the biggest stock on the latest updates on our blog or
broker in India in terms of active
see what the media is saying about
and founded Zerodha in 2010 to retail clients. us.
overcome the hurdles he faced
during his decade long stint as a Over 1.5+ million clients place Story behind the Name
trader. Today, Zerodha has changed millions of orders every day An online discount brokerage firm
the landscape of the Indian broking through our powerful ecosystem of
industry. He was named one of the investment platforms, contributing Zerodha’s aim has been to make
trading barrier-free since it was
42 September 2019│