🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Zerodha's Kamath brothers take home Rs 72 crore each in remuneration in FY23
Money Control
·
1y ago
Medial
Zerodha's founders Nithin and Nikhil Kamath each received a remuneration of Rs 72 crore for the financial year ending March 2023. The company's COO Venu Madhav received Rs 15.4 crore in remuneration. Zerodha, valued at Rs 30,000 crore, reported a 39% growth in profit and revenue for FY22-23. However, there are concerns that its topline and profit could remain flat in FY24. Zerodha currently has around 6.48 million active investors, trailing behind Groww, which has 6.63 million active investors.
View Source
Related News
Sharechat's CEO took 80L, CFO 3.11CR this year when the company lost Rs. 4000cr+
Money Control
·
1y ago
Medial
ShareChat, a social media unicorn, reported net losses of Rs 5,144 crore in FY23, up by 72% from the previous year. Its top executives, including the CFO and co-founders, received a cumulative remuneration of Rs 5.77 crore. The CFO, Manohar Charan, was the highest-paid with a total compensation of Rs 3.11 crore. CEO Ankush Sachdeva's pay remained unchanged at Rs 80 lakh. ShareChat's revenue increased by 59% to Rs 553 crore, but expenses also rose significantly, including server rent, content development costs, and financing expenses.
View Source
Zerodha has 1.6 crore users, AUM of Rs 6 lakh crore: founder Nithin Kamath
Economic Times
·
6m ago
Medial
Online stock broking company Zerodha has over 1.6 crore users and manages Rs 6 lakh crore in assets without significant advertising, according to founder Nithin Kamath. Kamath highlighted that nearly 30% of users are referred by existing customers. Despite competition from Groww, Zerodha's asset management subsidiary recently surpassed Rs 4,000 crore in assets, growing eight times since March 2024. The overall industry AUM was Rs 69.3 lakh crore as of December 2024.
View Source
Zerodha's Nithin Kamath on why WFH can't work for everyone: ‘Big gaps in…’
Livemint
·
1y ago
Medial
Zerodha's co-founder, Nithin Kamath, shared his thoughts on the impact of work from home (WFH) on employee collaboration. He stated that while WFH worked well for support roles, it was detrimental for tech, business, and decision-making teams due to communication gaps. To address this, around 10% of Zerodha's core team began working from the office three days a week, resulting in a dramatically positive change. Kamath also mentioned a blog by Zerodha's CTO, Kailash Nadh, discussing the challenges and benefits of remote work.
View Source
Equity investors saved up to Rs 20,000 crore in 10 years on zero brokerage: Nithin Kamath
Economic Times
·
4m ago
Medial
Zerodha CEO Nithin Kamath revealed that investors saved between Rs 2,000 crore and Rs 20,000 crore over a decade after Zerodha eliminated brokerage charges for equity delivery. Despite challenges, the zero-brokerage policy remained, reflecting the substantial savings compared to standard market rates. Kamath emphasized the impact of brokerage costs on returns, stating these often-overlooked costs hinder profits. He clarified Zerodha's name origin as "Zero + Rodha" (barriers in Sanskrit), not "Zero + brokerage."
View Source
'Work from home failed for us in most critical areas,' says Zerodha’s Nithin Kamath
Inshorts
·
1y ago
Medial
Zerodha CEO Nithin Kamath said that the work from home model didn't work for some of his employees. Kamath said the model failed for the organisation in the most critical areas. "It worked out great in first year, started losing its sheen in the second year and became detrimental to creativity...by the third year," Zerodha's CTO Kailash Nadh wrote.
View Source
'Not a business where deep pockets means larger moat': Kamath on JioBlackRock stockbroking license
IndianStartupNews
·
29d ago
Medial
Zerodha CEO Nithin Kamath responded positively to Jio-BlackRock's new stockbroking license, highlighting that deep pockets don't ensure success in this field. He emphasized Zerodha's focus on sustainable customer value rather than excessive trading. Kamath stated that his real competition is founder-led startups, not giants. Jio's potential market expansion was acknowledged, but Kamath doubted Jio's ability to match Zerodha's established position. His comments sparked user praise for Zerodha's disciplined growth approach.
View Source
Kamath brothers pick Rs 250 cr minority stake in InCred ahead of IPO
Economic Times
·
1m ago
Medial
Zerodha co-founders Nikhil and Nithin Kamath have invested Rs 250 crore to acquire a minority stake in InCred Holdings ahead of its IPO. InCred, founded in 2016, is a diversified lending platform serving retail and MSME borrowers in India. The Kamath brothers' investment underscores confidence in India's rapidly evolving, digitalized credit landscape. InCred utilizes proprietary risk analytics and digital operations to position itself as a leader in India's next-generation NBFC segment.
View Source
Gaming, e-sports to grow much bigger in 10 years: Nikhil Kamath
Money Control
·
1y ago
Medial
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.
View Source
Zerodha's Nithin Kamath commits Rs 1,000 crore to fund startups via Rainmatter
Money Control
·
1y ago
Medial
Zerodha's founder Nithin Kamath pledges Rs 1,000 crore to support startups through Rainmatter. The commitment aims to foster innovation and entrepreneurship in the startup ecosystem. Kamath's substantial investment demonstrates his dedication to nurturing emerging businesses and driving technological advancement. Rainmatter's initiative holds the potential to significantly contribute to the growth and development of startups in various sectors.
View Source
Zerodha’s Rainmatter invests Rs 275 crore in 2024 with major focus on climate, health
Economic Times
·
7m ago
Medial
Zerodha's Rainmatter invested Rs 275 crore in 47 startups last year, focusing primarily on climate and health sectors. While traditionally leading in fintech investments, the firm supported 15 climate and 16 health startups in 2024, signifying a shift towards these emerging trends. Co-founder Nithin Kamath emphasized climate and health as future megatrends, aiming to support initiatives enhancing Indian health and planetary livability. Since 2016, Rainmatter has invested approximately Rs 700 crore in over 100 startups.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
