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News on Medial
We've no access to regulators who can cut our revenues by 50% in 1 day: Nikhil Kamath
Inshorts
·
10m ago
Medial
Zerodha Co-founder Nikhil Kamath said startups are subject to regulators who they don't have access to and who can slash their revenue by 50% in one day. "In a classroom...where teacher...reprimands kids at will...will there be innovation?...I can translate the same thing to entrepreneurship," Kamath told CNBC-TV18. "We've been struggling for a long time to...get a banking license," he added.
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'Ather has sh*t marketing but great product': Zerodha's Kamath
Inshorts
·
1y ago
Medial
Nikhil Kamath recently revealed how his passion and interest started towards EVs. He said supporting young Indian products and entrepreneurs was a key reason for investing in Ather Energy. "Let us Indians buy more Indian brands, until one day non-Indians buy Indian brands, Every one of us has pluses and minuses, Ather has sh*t marketing but great product," Kamath wrote.
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Zerodha started in 2010; It took me 20yrs to be successful, says Nithin Kamath
IndianStartupNews
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1y ago
Medial
Nithin Kamath, the CEO of Zerodha, India's largest stock brokerage firm, shared insights on success and hard work in a podcast. He began trading in 1997 and started Zerodha in 2010, with significant success coming in 2016, illustrating that it took 20 years for his journey to succeed. Other guests, including Nikhil Kamath, also discussed the role of hard work in achieving success. Zerodha, specializing in discounted brokerage services, recorded substantial revenues and profits in fiscal year 2022.
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4-day workweek system doesn't work as well as capitalism: Kamath
Money Control
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1y ago
Medial
Zerodha co-founder Nikhil Kamath shared his views on work-life balance, stating that the concept of a four-day work week doesn't work as well as capitalism. He believes that competitiveness is important and if someone wants to compete based on the number of hours worked, they should have the freedom to do so. Interestingly, his brother Nithin Kamath, Zerodha's CEO, had previously mentioned implementing boundaries on work-related chats in the evening and during holidays. Nikhil also discussed India's interest rate regime and the need for more investment in research to encourage intellectual property creation within the country.
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Nikhil Kamath announces second cohort of WTFund
Entrackr
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5m ago
Medial
Snippets Nikhil Kamath announces second cohort of WTFund WTFund, an initiative for entrepreneurs under 25, led by investor and entrepreneur Nikhil Kamath, has unveiled its second cohort, featuring 22 founders. WTFund provides up to Rs 20 lakh in grant funding, along with mentorship and strategic partnerships, to help startups scale their impact. By democratizing access to opportunities, WTFund has positioned itself as a launchpad for first-time founders, fostering a culture of innovation, resilience, and learning. It aims to bridge critical gaps in India’s startup ecosystem while empowering young entrepreneurs to build and grow. According to WTFund, it received applications from over 50 cities, including those from all tiers and remote areas. The second cohort features solutions spanning tech/SaaS, D2C, edtech, fintech, healthtech, agritech, and cleantech, driving innovation at scale. The applications also reflected a strong mobile-first mindset across all tiers. Tier 1 startups are pioneering AI/ML-driven B2B solutions, while Tier 2 and 3 founders are building vernacular-first B2C innovations tailored for India's diverse markets. These entrepreneurs are addressing local challenges while creating globally scalable solutions. The second cohort highlights nine startups, each bringing innovative solutions with the potential for significant impact. These include Nasadya, InnerGize, Armatrix, Drnk, Neoperk, ReferRush, Modus AI, Bytes, and Ai.gnosis. WTFund is designed to empower young entrepreneurs under 25 by providing early-stage grants, mentorship, and resources. Led by Nikhil Kamath, it backs founders solving critical real-world problems across sectors like healthtech, energy transition, AI, and space tech, enabling them to scale without immediate dilution pressures. The fund aspires to democratize access to capital and nurture a new generation of bold, risk-taking entrepreneurs shaping India’s future.
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‘Running a broking firm is a tough job,’ Zerodha founders Nithin, Nikhil Kamath express concerns over regulatory laws | Mint
Livemint
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9m ago
Medial
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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Zerodha's Nikhil Kamath: Bombay is famous for good looking people, but those of Bengaluru are...
Money Control
·
1y ago
Medial
Bengaluru-based billionaire entrepreneur Nikhil Kamath recently spoke about why the city is his favorite startup capital. In a podcast, Kamath highlighted the unique qualities of various metropolitan cities and praised Bengaluru for its people. He stated that the love and kindness of the city's residents make it stand out, despite its poor infrastructure. Kamath also emphasized Bengaluru's access to talent, especially for startups, and mentioned ongoing projects to make the city "cooler," including planting 10,000 cherry blossom trees.
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No one should buy stock based on my purchases: Nikhil Kamath
YouTube
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1y ago
Medial
Zerodha Co-founder Nikhil Kamath emphasized that individuals should not make stock purchases based on his own investments. He stressed that people should independently assess their investment decisions since his personal investment strategy is focused on the long term. Regarding his investment in Nazara Technologies, Kamath explained that he chose it because it's the sole publicly traded company in India's gaming sector.
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'If they were to go IPO...': Capitalmind's Deeepak Shenoy praises Zerodha's Nikhil Kamath, Nithin Kamath for not taking VC money
Business Today
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1y ago
Medial
Deepak Shenoy, CEO of Capitalmind, commends Zerodha founders Nikhil Kamath and Nithin Kamath for building their online stock trading platform without relying on venture capital funding. Shenoy expresses his respect for Zerodha's independence and hopes that the company will go public in the future, giving investors a chance to participate. He also explains that the late stock market icon Rakesh Jhunjhunwala's success was not solely based on long-term stock holdings but also on his ability to cut positions and go short. Shenoy highlights Jhunjhunwala's achievement in creating wealth without borrowing money.
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Nikhil Kamath buys 1st home, says 'Had no foresight on when I can shift from rented home'
Inshorts
·
9m ago
Medial
Billionaire Nikhil Kamath, who has long been an advocate of renting a house over buying one, recently revealed on his podcast that he has bought his first house. "There's one disadvantage [with renting] that you don't have foresight as to when you can move out of the house," Kamath said. "I hate the illiquid nature of real estate," he added.
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Zerodha’s Nikhil Kamath invests in finfluencer Sharan Hegde's start-up The 1% Club
Business Today
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1y ago
Medial
Zerodha's Chief Investment Officer, Nikhil Kamath, has invested in 'The 1% Club', a start-up founded by finfluencer Sharan Hegde. The start-up has secured Rs 10 crore in pre-series A funding, with investment from Gruhas, a venture capital firm co-founded by Kamath. The 1% Club is a members-only platform that offers educational resources, mentorship, and entrepreneurial opportunities for individuals to plan their financial future. The funds raised will be used to expand operations and attract talent. The start-up aims to combine fintech and edtech to empower individuals in making informed financial decisions.
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