Nikhil Kamath, born on September 5, 1986, in Udupi, Karnataka, is an Indian businessman. He helped start Zerodha, a company that helps people buy and sell stocks, and True Beacon, which manages assets. Kamath was listed as one of the world’s billionaires by Forbes in 2023.
Career
Kamath began his career at a call centre while trading stocks on the side. In 2006, he and his brother Nithin started a brokerage firm, Kamath & Associates, to manage wealthy clients’ investments.
Zerodha
In 2010, Kamath co-founded Zerodha with his brother. Zerodha offers brokerage services for stocks, currencies, and commodities, with lower fees to make investing more accessible.
1.3+ Crore Zerodha clients contribute to over 15% of all retail order volumes in India daily by trading and investing in:
Futures and Options
Commodity derivatives
Currency derivatives
Stocks & IPOs
Direct mutual funds
Bonds and Govt. Securities
Kick-started operations on August 15, 2010, to break all barriers that traders and investors face in India in terms of cost, support, and technology.The company Zerodha is named as, a combination of Zero and “Rodha,” the Sanskrit word for barrier.
True Beacon
In 2020, Kamath co-founded True Beacon, helping wealthy individuals invest in India’s markets through private investment funds.
True Beacon is built on client alignment and a conservative investment approach, together with liquidity and tech-enabled transparency. True Beacon serves several hundred sophisticated domestic Indian and global clients who want to capture India’s economic and equity market growth.
Gruhas
In 2021, Kamath and Abhijeet Pai launched Gruhas, a company investing in real estate and prop tech, supporting startups and special projects.
Gruhas partners with exceptional founders and teams who are pushing the boundaries of technology, innovation, and creativity. We are focused on early, venture, and debt investment in the PropTech, CleanTech, Media & Entertainment, and consumer-focused spaces.
We also provide capital solutions for tech-powered Special Situation Assets. Combining our expertise to partner for growth, create value, and optimize capital structure, we meet the needs of companies, entrepreneurs, and asset owners. Our tailored capital solutions aim to address market inefficiencies with strategic solutions.
Education
Kamath was born on September 5, 1986, in Udupi, Karnataka, India. He left school after completing the 10th grade and doesn’t have a formal degree.
Follow Kamath on
“WTF is” is a podcast series where Nikhil Kamath hosts friends and industry experts and holds casual yet intellectually stimulating conversations. The podcast covers a broad range of topics of particular current relevance, including technology, social media, renewable energy, electric vehicles, philosophy, gaming, psychology and more.
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Net Worth of Kamath & Zerodha
Kamath owns USD 310 crore.
Zerodha said it’s worth $3.6 billion, or ₹30,000 crore, a big increase from its earlier estimate of $2 billion in 2021 when it announced a ₹200 crore employee stock ownership plan (ESOP) buyback.
Age
Nikhil Kamath is 37 years old.
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