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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, undersc

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Vishu Bheda

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Medial • 11h

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

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