Those people who are into the share market are aware of both the names Nikhil Kamath and Zerodha.
He is India’s Youngest Billionaire. What many don’t know is that Mr. Kamath began trading at the age of 17 after dropping out of school.
At the age of 17, he was introduced to the stock market by one of his friends and that changed his fortune. At that time, he used to work in the call center at night and then trade in the morning hours. Nithin borrowed money and worked up his trading account.
As a result of the debt, he worked in a call center for four years. He kept working in the call center to make some capital. With the help of this capital and other saving, he started his journey as a sub-broker and partnered with Kamath associates as a proprietor trader, and become a franchise of reliance money in 2006.
Stumbled upon trading and the market at the age of 17. Facing the ups and downs of the stock market. Finally, in 2010, with a lot of struggle and enough money, Nithin founded Zerodha in August 2010 and has a physical presence across several major cities of India. It is considered India’s largest brokerage firm. They started with 5 employees now they have a team of over 1100 employees.
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Zerodha is India’s largest stock brokerage firm based in Bangalore, Karnataka, India.
The Economic Times has named Nithin among The Top 10 Businessmen to WatchOut for 2016 in India for discount broking. His company Zerodha also topped the IIFL Wealth Hurun India 40 and under Self-Made Rich List 2020.
Nikhil Kamath’s net worth is $1.5 billion. In May 2021 Nikhil Kamath received Rs. 100 Crore as salary. He is the highest-paid co-founder in the Indian startup ecosystem.
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