Nikhil Kamath co-founded Zerodha, an Indian brokerage firm and trading platform. |
During childhood, Nikhil moved frequently due to his father's job, eventually settling in Bangalore at age nine. |
Nikhil excelled in math but disliked the traditional school system. |
He competed in chess at state and national levels during his school years. |
Starting at age 14, Nikhil's first business involved selling used phones. |
Facing potential academic consequences, Nikhil dropped out of school before his 10th board exams. |
At 17, he worked at a call center for a modest salary of Rs 8000 before leaving in 2004. |
Nikhil and his brother founded Kamath Associates, later launching Zerodha in 2010. |
The name Zerodha combines "Zero" and "Rodha," meaning barrier in Sanskrit. |
Zerodha's user base grew significantly during the COVID-19 lockdown. |
In 2014, Nikhil and his brother started the hedge fund Rainmatter with a capital of INR 50 crores. |
True Beacon, launched in 2019, focuses on Alternative Investment Funds and achieved a 40% return in its first year. |
Zerodha is working on launching a mutual fund based AMC after applying for a license in 2020. |
In 2020, Nikhil Kamath became one of India's youngest billionaires at age 34. |