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‘Running a broking firm is a tough job,’ Zerodha founders Nithin, Nikhil Kamath express concerns over regulatory laws | Mint

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‘Running a broking firm is a tough job,’ Zerodha founders Nithin, Nikhil Kamath express concerns over regulatory laws | Mint

Nithin and Nikhil Kamath from Zerodha have emphasized the importance of collaboration between startups, regulators, and the government to encourage innovation. While acknowledging positive regulatory changes in India, they cautioned that excessive regulations could impede growth and discourage entrepreneurship. The Kamath brothers expressed concerns about uncertainties within the startup ecosystem and the need for a more supportive environment. They also pointed out specific regulatory changes, such as the Securities & Exchange Board of India's "true-to-label" circular, which could impact their business and revenue growth. Despite the challenges, they remain optimistic about India's startup scene.

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