Zerodha
Zerodha is a leading online stock broker in India, known for its low brokerage fees and user-friendly platform .Founded in 2010 and headquartered in Bangalore, India, with over 12 million customer accounts. A prominent Indian FinTech company offering discount brokerage for equity, derivatives, and mutual funds. Invest in stocks and ETFs through a flat brokerage fee of INR 20 per order, regardless of order size.
Market Presence:
- Over 1 crore (10 million) active clients, contributing to 15% of daily retail order volumes in India.
Last Three Years Balance Sheet:
- FY20: Zerodha’s profit was Rs 442.36 crore, as reported by Entrackr.
- FY21: The profit increased significantly to Rs 1,122 crore.
- FY22: Zerodha’s profit further jumped by 86% to Rs 2,094 crore.
Founders
1. Nithin Kamath
He is a well-known figure in the Indian financial community and regularly shares insights and commentary on the stock market.
- Beyond Zerodha, Nithin is also actively involved in tackling climate change through his co-founding and support of the Rainmatter Foundation, which focuses on rewilding, sustainable food systems, and empowering green livelihoods.
Socials
- LinkedIn Nithin Kamath
- Twitter @Nithin0dha.
2. Nikhil Kamath
He is also active in the industry and offers valuable perspectives on trading and investing.
- Hosts two main podcasts that offer valuable insights into the world of finance, business, and beyond.Deep dives into the lives and journeys of high-performing individuals, discussing their personal development strategies, mental models, and approaches to success
Nikhil Kamath’s “WTF” podcast: Deep dives into diverse topics like tech, business, social issues, and personal insights, featuring AI, EVs, startups, mental health, entrepreneurship, and more. Thought-provoking conversations with experts and friends. Available on YouTube, Spotify, Apple Podcasts, etc.
Socials
- LinkedIn Nikhil Kamath
- Twitter @nikhilkamathcio.
Top 10 Profitable Startups of India [Updated 2024]
India has achieved new heights past year and is continuing to gain heights at present as well. These new ideas are becoming successful because of technology, and artificial intelligence, and this country’s audience adopting these technologies fast. If we look at the previous stats of our country’s startup, It has made nearly 111 unicorns. From actors and actresses to youngsters, everyone in the country has innovative ideas and they have made their ideas turn into reality with the help of little funding made by investors and small marketing strategies.
Talent and startup ideas are at every corner of the country. That’s why the Indian government has also taken the “Startup India Initiative”. This initiative is helping young minds showcase their talents by taking part through colleges or single person only.