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Will plant 10,000 cherry blossom plants in B'luru with friends: Zerodha Co-founder Nikhil

Hindustan Times Tech

Hindustan Times Tech · 1y ago

Will plant 10,000 cherry blossom plants in B'luru with friends: Zerodha Co-founder Nikhil

Zerodha Co-founder Nikhil Kamath has said that he along with his friends will plant 10,000 cherry blossom plants in the central part of Bengaluru. "They would make the city roads look extremely beautiful. We are working towards it," Kamath said in a podcast. He added that he and his friends discuss to make Bengaluru even cooler whenever they meet.

Related News

Zerodha's Nikhil Kamath: Bombay is famous for good looking people, but those of Bengaluru are...

Money Control

Money Control · 1y ago

Zerodha's Nikhil Kamath: Bombay is famous for good looking people, but those of Bengaluru are...

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.

Gaming, e-sports to grow much bigger in 10 years: Nikhil Kamath

Money Control

Money Control · 1y ago

Gaming, e-sports to grow much bigger in 10 years: Nikhil Kamath

Zerodha Co-founder Nikhil Kamath said the gaming and e-sports industry will grow much bigger in the next 10 years. "[It] will grow at a pace faster than the old-school content," Kamath stated. His remarks come as gaming company Nazara Technologies announced it'd issue shares worth ₹100 crore to Zerodha's founders Nikhil and Nithin Kamath.

Zerodha’s Nikhil Kamath invests in Essar firm GreenLine Mobility

VCCircle

VCCircle · 2m ago

Zerodha’s Nikhil Kamath invests in Essar firm GreenLine Mobility

Zerodha co-founder Nikhil Kamath is investing $20 million in GreenLine Mobility Solutions Ltd, a green logistics company by Essar Group. This investment is part of a $275 million equity infusion, primarily funded by Essar Group. GreenLine plans to use the funds to deploy over 10,000 LNG and EV trucks, establish 100 LNG refueling stations, EV charging stations, and battery swapping facilities. Kamath views this investment as a move towards sustainable and efficient logistics.

Zerodha’s Nikhil Kamath unveils WTFund for young entrepreneurs

Inshorts · 1y ago

Zerodha’s Nikhil Kamath unveils WTFund for young entrepreneurs

Zerodha Co-founder Nikhil Kamath launched a separate fund targeted at entrepreneurs aged 25 and under, called WTFund. As per a statement, WTFund will be a non-dilutive fund, enabling eligible entrepreneurs to receive a grant of Rs 20 lakh without the need to dilute their stake. This fund will be sector-agnostic.

Fintech having a bad moment, access to capital harder: Kamath

Money Control

Money Control · 1y ago

Fintech having a bad moment, access to capital harder: Kamath

Zerodha Co-founder Nikhil Kamath said fintech in India is having "a bad moment" and accessing capital has become "significantly harder". "If you were in Bengaluru trying to raise money for a fintech company today, if you got a Series A cheque which was X one year ago, today you will probably get 0.25% of X," he added.

We've no access to regulators who can cut our revenues by 50% in 1 day: Nikhil Kamath

Inshorts · 8m ago

We've no access to regulators who can cut our revenues by 50% in 1 day: Nikhil Kamath

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.

Scam alert: Kamath on 'hand-picked stocks' fraud using his name

Twitter · 1y ago

Scam alert: Kamath on 'hand-picked stocks' fraud using his name

Zerodha Co-founder Nikhil Kamath has alerted people about a fraudulent WhatsApp group using his name to suggest "hand-picked stocks that will rise in April". "Scam alert, this is obviously not from me, I've never had or have any WhatsApp groups, nor do I give tips," Kamath said. He added that he doesn't do paid promotions of any kind.

Exclusive: D2C Brand Metaman Bags Additional Funding From KL Rahul To Launch Perfume Range

Inc42 · 10m ago

Rahul will become the brand ambassador of Metaman, a company specializing in lifestyle products. The funding received will be used for various purposes such as launching and marketing fragrance products, expanding apparel offerings, entering new lifestyle product segments, and opening more retail stores. Metaman, established in 2022, already sells chains, bracelets, pendants, and apparel for men. Notable backers of the company include actor Suniel Shetty and Zerodha co-founder Nikhil Kamath.

BlueStone to get ₹550cr funding, Kamath to infuse ₹100cr: Report

Inshorts · 1y ago

BlueStone to get ₹550cr funding, Kamath to infuse ₹100cr: Report

Zerodha co-founder Nikhil Kamath plans to invest Rs 100 crore into omnichannel jewellery retailer Bluestone as part of a funding round. Other notable participants in the funding round include Zomato founder Deepinder Goyal and CEO Amit Jain. Bluestone is in the final stages of securing a funding round of around Rs 550 crore ($65 million), which would value the company at approximately Rs 3,600 crore ($440 million). The investment will be used to expand the omnichannel presence and invest in technology.

Zerodha's Nikhil Kamath now India's youngest billionaire at 37

Economic Times

Economic Times · 1y ago

Zerodha's Nikhil Kamath now India's youngest billionaire at 37

Nikhil Kamath, co-founder of Zerodha, has become India's youngest billionaire at the age of 37, according to Forbes' list of India's 100 richest people. With a net worth of $5.5 billion, Kamath and his brother Nithin Kamath were ranked 40th on the list. Zerodha, founded in 2010, revolutionized zero-cost equity investing and reported impressive revenue and profit growth in the financial year 2022-23. Despite competition, the company plans to maintain onboarding and maintenance fees.

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