🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉

Download App

Home

Switch theme

Blog . Feedback . Privacy
Community Guidelines

Back to feeds

Chamarti Sreekar

Stealth • 5h

Zerodha, India's largest brokerage firm, has achieved a significant milestone, crossing 1.6 crore users without incurring advertising expenses. Notably, referrals from existing users accounted for approximately 30% of new user acquisitions, underscoring the platform's strong network effects.

3 replies13 likes

Replies (3)

Ronak Patel

Stealth • 3h

And they are bootstrapped company

0 replies

VIJAY PANJWANI

Stealth • 4h

they are burning in referral fees. second SEBI had imposed a lot of restrictions on zerodha. when you use their platform the. you will come to know. fact: Initially zerodha founder was a franchise holder of reliance securities Ltd.

0 replies

Vishu Bheda
•

Medial • 5h

Zerodha is operating in a different world as compared to modern cash burn startups.

0 replies

Recommendations from Medial

Wild Kira

Stealth • 1m

Following an 'extended' funding winter, the year 2024 has proven to be no less than a rollercoaster ride for Indian startup so far Notably, the first half (H1) of the year saw a decline in mergers and acquisitions (M&As) due to various macro and mic

0 replies2 likes

Medial Startup Trivia

Stealth • 8m

Youtube's Great Pivot YouTube, the video-sharing platform that has become an integral part of our daily lives, had a rather unconventional origin story. Initially, the founders envisioned it as a dating site where users could create videos introduci

11 replies52 likes

Harsh Dwivedi
•

Medial • 20d

Top News of the Day: 1. Tesla cybertruck explodes outside Trump hotel in Las Vegas, killing one 2. Malaysia's communications regulator has approved Tencent's WeChat and ByteDance's TikTok to operate under a new law requiring social media platforms

3 replies39 likes