Date | Title | Description |
20.11.2024 | GitHub launches AUD $1.91m fund for open source security | The GitHub Secure Open Source Fund has been established to allocate AUD $1.91 million (USD $1.25 million) across 125 open source projects with the aim to enhance security and sustainability in the open source ecosystem.
Initiated with the b... |
15.11.2024 | Norian and Xigma win Rs 2 Cr investment from Nikhil Kamath’s WTFund and Nazara | WTFund, led by Nikhil Kamath, and Nazara Technologies Limited, a gaming and sports media platform, have selected Norian Games and Xigma Games as winners of a Rs 2 crore investment pledged during the filming of WTF podcast.
Norian Games, bas... |
14.11.2024 | The Rise and Fall of E-Learning: A Tale of Two Companies | The world of online education is a rollercoaster. One company soars while another crashes. BiteSpeed and Stoa School illustrate this duality. One thrives on innovation; the other falters in a shifting landscape. BiteSpeed recently raised $3... |
13.11.2024 | Swiggy Maintains Investor Confidence as Shares List at 8% premium over IPO price As of market close, Swiggy's share price stood at INR 464 on the NSE recording a high and low of INR 465.80 and INR 391... | The much-awaited IPO listing of food delivery platform Swiggy received a moderately positive response after listing at a premium of nearly 8 per cent on the National Stock Exchange (NSE). The stock debuted at Rs 420 per share on the NSE, up... |
12.11.2024 | Stoa School to close shop as post-pandemic interest in online learning drops | Credit: 123RF.com
Online business school Stoa will cease its operations as the number of working professionals showing interest in the six-month MBA program post-pandemic sank.
Questo Wellbeing Pvt Ltd, which operates the platform, will be ... |
11.11.2024 | ICONIQ Growth, Prosus bet on UnifyApps, Equal in Series A rounds | Ashutosh Sharma, Head of India and Asia investments, Prosus
Venture capital investors ICONIQ Growth and Prosus Ventures have led separate Series A investment rounds in AI-based app integrating platform UnifyApps and identity verification ag... |
11.11.2024 | Nikhil Kamath's WTFund and UnboxingBLR Launch Namma Bengaluru Challenge with INR 10 Lakh Grants for 5 Innovators This initiative is set to award INR 10 lakh each to five standout individuals, startups... | In an innovative drive to tackle Bengaluru's urban challenges, WTFund, led by Zerodha co-founder Nikhil Kamath, has joined forces with UnboxingBLR Foundation to launch the Namma Bengaluru Challenge.
This initiative is set to award INR 10 la... |
23.10.2024 | BluJ Aero's Hydrogen Electric Aircraft Lauded by Civil Aviation Minister and Andhra Pradesh Chief Minister at Amaravati Drone Summit 2024 | Amaravati | Hyderabad, India
BluJ Aero, which is developing India’s first Hydrogen Electric Vertical Take-Off and Landing (H2eVTOL) aircraft, unveiled its flying prototype to Union Minister of Civil Aviation Ram Mohan Naidu at the Amaravati... |
18.10.2024 | The Rise of Open Source: Zerodha's Bold Move and Alchemyst's AI Leap | In a world where technology is the lifeblood of innovation, two stories stand out. One is about a financial giant, Zerodha, taking a leap into the open-source realm. The other is about Alchemyst AI, a startup ready to shake up the digital l... |
18.10.2024 | The Rise of Eldercare and Fintech: A New Era of Investment | In the bustling world of startups, two sectors are capturing attention: eldercare and fintech. These industries are not just trends; they are lifelines. They address pressing needs in society, making them ripe for investment. Recent funding... |
17.10.2024 | The Rise of Elder Care and Wall Street Resurgence: A Tale of Two Markets | In the bustling world of finance and the serene realm of elder care, two narratives unfold. One speaks of soaring profits and strategic investments, while the other envisions a compassionate future for aging populations. Both stories reflec... |
17.10.2024 | Zerodha Launches USD 1 Mn Annual Fund to Support Open Source Software Projects Globally Zerodha plans to invest USD 10,000 to USD 100,000 in individual FOSS projects, with a total annual allocation of... | Zerodha has announced the launch of a USD 1 million annual fund to provide financial backing for Free/Libre and Open Source Software (FOSS/FLOSS) projects globally.
The initiative was revealed by Zerodha's Chief Technology Officer, Kailash ... |
16.10.2024 | Primus Senior Living: Pioneering a New Era in Elder Care | In a world where aging is often seen as a burden, Primus Senior Living is flipping the script. The Bengaluru-based startup has just secured $20 million in seed funding, led by General Catalyst, with notable participation from Zerodha co-fou... |
16.10.2024 | Zerodha launches $1-million annual fund to support open source software projects | Agencies
Stockbroking platform Zerodha has announced the launch of a dedicated $1-million annual fund to provide financial support to Free/Libre and Open Source Software (FOSS/FLOSS) projects worldwide.
Read More News on
Zerodhaopen sourceF... |
16.10.2024 | Zerodha Launches New Fund To Support Open-Source Projects | SUMMARY
The fund, named FLOSS/fund, is intended to help open-source projects that often face challenges in financial sustainability, despite their widespread use
With the fund, Zerodha aims to provide financial assistance to open-source ini... |
16.10.2024 | Senior care startup Primus raises $20M in seed round from General Catalyst, Nikhil Kamath, and Gruhas
Recommended Stories For You | Primus Senior Living has raised $20 million in seed funding round led by General Catalyst, with participation from Zerodha co-founder Nikhil Kamath, and Gruhas, the investment firm co-founded by Kamath and Abhijeet Pai.
The funding will be ... |
16.10.2024 | Primus Senior Living Secures USD 20 Mn Seed Funding Led by General Catalyst The funding will be instrumental in developing a comprehensive eldercare platform that integrates healthcare, wellness, life... | Elder care startup Primus Senior Living has raised USD 20 million in a seed funding round led by General Catalyst, with participation from Zerodha co-founder Nikhil Kamath and Gruhas, the investment firm co-founded by Kamath and Abhijeet Pa... |
16.10.2024 | Eldercare startup Primus Senior Living raises $20 million from General Catalyst, others | ETtechAdarsh Narahari, founder of Primus
Eldercare startup Primus Senior Living has raised $20 million in a seed funding round led by General Catalyst, with participation from Zerodha cofounder Nikhil Kamath and Gruhas, the investment firm ... |
16.10.2024 | General Catalyst leads $20 mn seed funding in Primus Senior Living | Adarsh Narahari, founder and MD, Primus
Primus Senior Living has raised $20 million (about Rs 168 crore) in seed funding, marking one of the largest early-stage financing rounds by an Indian startup this year.
The round was led by US-based ... |
01.10.2024 | Groww’s stock broking unit post Rs 2,900 Cr revenue and Rs 298 Cr profit in FY24 | Groww Invest-Tech Private Limited, the stockbroking unit of Groww, posted an impressive 2.4X growth in its operating revenue during the fiscal year ended March 2024. At the same time, the Tiger Global-backed firm’s profits surged more than ... |
01.10.2024 | Zerodha Sticks To Zero-Brokerage Model As SEBI’s True-To-Label Norms Kick In | SUMMARY
Kamath, earlier this year, said that Zerodha might have to let go of its zero brokerage structure on account of SEBI’s new mandates
The new mandates, which came into effect on October 1, bar market infrastructure institutions from o... |
25.09.2024 | Zerodha hits Rs 8,370 Cr revenue with over 55% profit margin in FY24 | Stock broking platform Zerodha has reported more than Rs 8,370 crore in revenue and Rs 4,700 crore in profit, according to a blog post by the company’s co-founder and CEO, Nithin Kamath.
This marks a significant increase from the Rs 6,875 c... |
21.09.2024 | Infosys Announces Strategic Investment in Space Startup GalaxEye with INR 17 Cr Funding Bengaluru-based GalaxEye develops multi-sensor satellites and synchronisation platforms for high-resolution, all... | Infosys has announced plans to invest up to INR 17 crore in space tech startup GalaxEye Space Solutions through its Infosys Innovation Fund.
According to a regulatory filing, the investment will consist of both equity and compulsory convert... |
14.09.2024 | A New Era for Indian Sports: GoSports Foundation and Rainmatter Join Forces | In the bustling heart of Bangalore, a partnership is brewing that could reshape the landscape of Indian sports. The GoSports Foundation, a beacon of hope for aspiring athletes, has teamed up with Rainmatter, a venture fund backed by Zerodha... |
13.09.2024 | The Rise of Dhan and the Investment Wave in India’s Startup Ecosystem | In the bustling world of Indian finance, a new player has emerged. Dhan, led by Pravin Jadhav, has stormed into the top 10 stock broking apps in India. This meteoric rise is a testament to the changing landscape of investment platforms. Lau... |
13.09.2024 | Rainmatter Boost for GoSports Foundation Mission | Bangalore, Karnataka, India
GoSports Foundation, a pioneering force in Indian sports, has partnered with Rainmatter, a venture fund by Zerodha to support companies working in the area of health, climate & finance. The partnership marks ... |
12.09.2024 | Pravin Jadhav-led Dhan storms into top 10 stock broking apps | Dhan, launched by former Paytm Money executive Pravin Jadhav, has entered the top 10 list of stockbroking apps in India.
Launched in January 2021, Dhan has also knocked out Paytm Money from the top 10 list. With 1.09 crore active users in A... |
10.09.2024 | Bosan and TruNativ receive investment from Zerodha’s Rainmatter | Rainmatter, an early-stage venture capital firm supported by Zerodha, has invested Rs 10 crore each in an equity round to support the water recycling startup Boson Whitewater and the nutrition-focused brand TruNativ.
Boson Whitewater was fo... |
09.08.2024 | Nikhil Kamath's Gruhas invests in weavings; CloudKeeper buys WiseOps | Credit: Pixabay
Gruhas, a venture capital-style investment firm started by Zerodha co-founder Nikhil Kamath and entrepreneur Abhijeet Pai in 2021, has invested in Weavings Manpower Solutions, a provider of staffing and workforce services.
T... |
08.08.2024 | Nazara acquires UK based Fusebox Games for $27.2 Mn | Gaming and sports media company Nazara Technologies has acquired Fusebox Games Limited, a UK-based gaming studio for Rs 228 crore ($27.2 million) in an all-cash transaction.
Fusebox publishes an interactive story game ‘Love Island’ and is d... |
04.08.2024 | What Successful Unicorns Get Right that the Unsuccessful Ones Don't With investors' patience growing thin as days go by, this unicorn club is vertically split, albeit unevenly, into two categories – t... | India has the 3rd largest unicorns globally, after the USA and China. These 100+ unicorns, with a combined valuation exceeding $350 billion, are always in the news. However, the not-so-talked-about side of this story is that only a quarter ... |
02.08.2024 | MCA Slaps Fine On Nithin Kamath, Zerodha AMC For Delay In Appointing CFO | SUMMARY
While a fine of INR 5 Lakh each has been imposed on the company as well as its director Rajanna Bhuvanesh, founder Kamath has been charged a penalty of INR 4.08 Lakh
Meanwhile, Zerodha Asset Management plans to contest the order
At ... |
02.07.2024 | SEBI Circular For MIIs: Zerodha May Discontinue Zero Brokerage Structure | SUMMARY
Zerodha cofounder and CEO Nithin Kamath said that with SEBI’s new circular, the platform will have to let go of the zero brokerage structure and /or increase brokerage for F&O trades
Kamath said that the rebate – the difference ... |
02.07.2024 | Zerodha set to stop zero brokerage model after SEBI’s new circular | In an attempt to slow down the speed of derivative trading, the Security Exchange Board of India (SEBI) is abolishing the volume-based transaction fee model on free equity delivery trades for all brokers including Groww, Zerodha, AngelOne, ... |
27.06.2024 | Bengaluru-Karnataka’s Minister for IT/BT Launches New Scaleup Program | Priyank Kharge, Bengaluru-Karnataka’s Minister for IT/BT, Government of Karnataka, announced Hypergrowth Global Karnataka, a global late-stage scaling program at London Tech Week last evening. The initiative aims to propel the best Bengalur... |
26.06.2024 | Two Brothers Organic Farms Raises INR 58.25 Cr in Series A Round Led by Rainmatter The Pune-based startup aims to utilise the capital to support its business growth in India and the US, explore demand... | D2C brand Two Brothers Organic Farms has completed its Series A funding round, raising INR 58.25 crore led by Rainmatter, an investment initiative by Zerodha, with a total capital infusion of Rs 50 crore. Raju Chekuri, founder of NetEnrich,... |
24.06.2024 | SEBI approves Ola Electric’s $660 M IPO | The Security Exchange Board of India (SEBI) has finally given Ola Electric the all-clear to proceed with its initial public offering (IPO), six months after the company filed a draft red herring prospectus (DRHP).
Ola Electric submitted the... |
21.06.2024 | Zerodha Suffers Another Outage, Users Take To Social Media To Complain | SUMMARY
While 48% of the users were facing issues with Zerodha’s mobile app, 32% and 20% were unable to access the website and make transactions for trade, respectively
Zerodha acknowledged the technical glitch and said that the issue was r... |
20.06.2024 | Ola Electric gets SEBI nod for $660 Mn IPO | Six months after filing a draft red herring prospectus (DRHP), Ola Electric has finally received a go ahead signal for its initial public offering (IPO) from the Security Exchange Board of India (SEBI).
In December 2023, Ola Electric filed ... |
13.06.2024 | The Thriving Startup Ecosystems of Southern India: Bengaluru, Kerala, Tamil Nadu, and Telangana Whether you are in Fintech, Life Sciences, Robotics, AgriTech, AI, or Clean Tech, these states of India ... | India's startup ecosystem has flourished over the past decade. With 1,17,254 Department for Promotion of Industry and Internal Trade (DPIIT) recognized startups as of 31st December 2023, the country continues to climb the startup-friendly c... |
12.06.2024 | Groww’s Active Investor Base Climbs Over 1 Cr In May 2024; Zerodha Stays Second | SUMMARY
Groww gained nearly 4.33 Lakh investors in May, while Zerodha on-boarded around 1.14 Lakh users
Groww recently completed its reverse flip, shifting its domicile to India from the United States
Besides investments and stock trading, ... |
10.06.2024 | Fintechs still attract entrepreneurs in the start-up universe | Despite decreased fund flows, tightened regulations and reduced valuations, fintechs are still attracting entrepreneurs in the start-up ecosystem with diverse business models that are disrupting different segments in the sector.
In FY24 so ... |
08.06.2024 | Sachin Bansal Exits Ather, Sells Stake To Hero MotoCorp & Nikhil Kamath | SUMMARY
Bansal exited Ather by selling his remaining 7.5% shareholding in Ather, which was lapped up by Hero MotoCorp (2.2%) and Zerodha cofounder Nikhil Kamath (5.3%)
Sachin Bansal was one of the first investors in Ather and had invested n... |
03.06.2024 | Zerodha hit by tech glitch, users face issues with kite web access | - |
01.06.2024 | Ather Energy's Electric Ride to Funding Success | Ather Energy, the electric scooter manufacturer, recently secured a hefty $34.5 million in debt and equity funding. This funding round marks a significant milestone for the Bengaluru-based company, as it gears up for potential unicorn statu... |
01.06.2024 | EV manufacturer Ather Energy raised $34.5 M Debt & Equity funding | With debt and equity, electric scooter manufacturer Ather Energy has raised Rs 286 crore, or $34.5 million. This is the company’s first round of funding for the year, based in Bengaluru.
Based on the company’s regulatory filings retrieved f... |
31.05.2024 | Infra.Market divests $20 Mn worth stake in RDC Concrete | Construction goods and services platform Infra.Market has divested approximately 7% of its stake worth $20 million in RDC Concrete to investors led by Zerodha’s co-founder Nikhil Kamath.
The round saw participation from various investors su... |
28.05.2024 | Zerodha launches two new ETFs: Nifty 100 and Nifty Midcap 150 | - |
24.05.2024 | National Brother's Day 2024: Top wishes, quotes and messages to share with your brother | National Brother's Day is celebrated every year on May 24 to emphasise the importance of brothers and the role they play in our lives.
National Brother's Day is celebrated every year on May 24 to emphasise the importance of brothers and the... |
23.05.2024 | Zerodha's Nithin Kamath explains why the company doesn't advertise | - |
22.05.2024 | Zerodha cofounder Nikhil Kamath invests in Collective Artists Network | Agencies Nikhil Kamath
Zerodha cofounder Nikhil Kamath has invested in Vijay Subramaniam-led Collective Artists Network (CAN), a talent management agency.
Elevate Your Tech Prowess with High-Value Skill Courses
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20.05.2024 | Nikhil Kamath, Zerodha co-founder, participates in a Rs. 500 crore investment in Rare Rabbit | Image Courtesy: www.moneycontrol.com
A91 Partners along with Ravi Modi of Manyavar and Nikhil Kamath, co-founder of Zerodha, participated in a reported Rs. 500 crore investment round in Rare Rabbit, a contemporary man’s apparel and fashion ... |
17.05.2024 | From Zerodha to Cars24, 10 unicorns to hop on government-backed ONDC | - |
17.05.2024 | Cars24, Zerodha, EaseMyTrip Among 12 Unicorns Joining ONDC Soon | SUMMARY
12 Indian unicorn startup signed letters of intent to join the Open Network for Digital Commerce (ONDC) at ‘ONDC Startup Mahotsav’
According to DPIIT, these unicorns will explore the use-cases for their individual products and platf... |
14.05.2024 | Zerodha's Nikhil Kamath: Bombay is famous for good looking people, but those of Bengaluru are... | Nikhil Kamath said he and other business leaders in Bengaluru including Biocon executive chairperson and billionaire Kiran Mazumdar-Shaw often meet to discuss ways to make the city 'cooler'. (Image credit: @nikhilkamathcio/Instagram)
Bengal... |
10.05.2024 | Financial services startup Groww moves domicile to India from the US | - |
07.05.2024 | Vital step for demat account security: Know how to add nominee details | - |
30.04.2024 | Fractional ownership likely to list over Rs 4,000 cr worth of existing AUM | - |
30.04.2024 | Groww receives RBI approval to operate as payment aggregator | Fintech unicorn Groww has received approval from the Reserve Bank of India to operate as a payment aggregator. The firm has joined several fintechs which recently received similar approval from the central bank.
RBI has granted the licence ... |
29.04.2024 | Only 11% women investors have portfolio size upwards of Rs 5 lakh: survey | - |
25.04.2024 | Zerodha's Nikhil Kamath's old video on inheritance tax goes viral. WATCH | - |
23.04.2024 | Ladakh, Mizoram, Lakshadweep: Why are demat accounts rising in these cities | - |
17.04.2024 | Amwoodo: A Bamboo Revolution | Amwoodo, a Kolkata-based startup, recently secured $1 million in funding from Rainmatter, a venture fund backed by Zerodha. The company, founded in 2019 by Agni Mitra, specializes in creating sustainable bamboo products like combs, toothbru... |
16.04.2024 | Bamboo products maker Amwoodo raises $1 million from Zerodha's Rainmatter | ETtech(L-R) Avijit Rajak, cofounder & director, Finance; Agni Mitra, founder & director, Amwoodo; Sourav Dey, cofounder & director, sales
Bamboo products maker Amwoodo has raised $1 million in funding from Zerodha-backed venture... |
16.04.2024 | WTFund for entrepreneurs under 25 launched by Nikhil Kamath | A non-dilutive, grant-based fund for entrepreneurs under 25 years old has been established by Nikhil Kamath, a co-founder of Zerodha.
The fund will help up-and-coming business owners and provide a full range of benefits, such as a non-dilut... |
15.04.2024 | Zerodha’s Nikhil Kamath launches WTFund for young entrepreneurs | ETtechWTFund team (from left) Vivek Kamath, Arshia Mal, Nikhil Kamath, Harnidh Kaur and Suchet Kumar
Zerodha cofounder Nikhil Kamath has launched a non-dilutive, grant-based fund for entrepreneurs aged 25 and under.
The sector agnostic fund... |
05.04.2024 | Investment platform Smallcase to offer 'basket investment' of mutual funds | Investment platform Smallcase is extending its ‘basket investment’ concept to mutual funds (MFs) in a bid to expand its product suite.
Akin to its direct stock and exchange traded fund (ETF) offerings, the MF baskets will be prepared by res... |
04.04.2024 | Centre Court Capital launches $42 million sports, gaming tech fund | ETtech
JSW Steel managing director Sajjan Jindal’s family trust has joined as the anchor investor for venture firm Centre Court Capital's maiden Rs 350 crore fund.
The gaming and sports-focused firm said it has already received Rs 200 crore... |
03.04.2024 | Bourses ask brokers to ensure compliance with RBI directive on currency derivatives' trading | On January 5, the Reserve Bank of India (RBI) had issued a circular titled Risk Management and Inter-Bank Dealings- Hedging of foreign exchange risk
Brokerages are receiving follow-up calls from leading exchanges asking them to ensure that ... |
01.04.2024 | Active funds shine as equity markets see broad-based gains in FY24 | The sharp broad-based rally in the equity market during the financial year 2023-24 marked a reversal in fortunes of fund managers.
Contrary to past trends, active largecap funds fared much better than midcap and smallcap funds when it came ... |
23.03.2024 | Zerodha Cofounders-Backed NKSquared, Others Write $10 Mn Cheque To Subko Coffee | SUMMARY
The startup has raised the fresh round at a post-money valuation of INR 286.92 Cr ($34 Mn)
NKSquared has contributed INR 70 Cr ($8.3 Mn) of the total raised amount and has acquired a 25% stake in Subko Coffee
Subko Coffee offers caf... |
20.03.2024 | US is world leader in wealth creation: Here are its wealthiest and priciest cities | The USA remains the undisputed leader in private wealth creation and accumulation. It accounts for 32% of global liquid investable wealth — a colossal $67 trillion, according to the 2024 Wealth Report by Henley and Partners, The country is ... |
19.03.2024 | Startup Mahakumbh: Fintechs must abide by regulations, say investors | Fintechs must work within the regulations while addressing consumer needs in order to be successful, said investors and entrepreneurs at the biggest showcase of the Indian startup ecosystem, Startup Mahakumbh.
The advice comes at a time whe... |
16.03.2024 | Shevgaon: Real estate market dips, suicides rise after illegal PMSes take hold in a quiet Maharashtra tehsil | Shevgaon, in central Maharashtra's Ahmednagar district, has largely had a quiet history. The tehsil, once known for sugarcane cultivation and cotton trading, made headlines in the 1970s when it was flooded after the Jayakwadi Dam overflowed... |
14.03.2024 | Zerodha Fund House in discussion to raise up to $100 M: Report | The stock broking industry has become extremely competitive over the last two years, and its participants have been expanding into a wider range of investment products. To float an asset management company or mutual fund in 2023, stock brok... |
13.03.2024 | India’s Fintech Visionaries To Unite At ‘Startup Mahakumbh’ In Delhi | SUMMARY
The fintech pavilion at Startup Mahakumbh will bring together the brightest minds in the sector under the same roof
It will be led by Pramod Bhasin, founder of Genpact & Clix Capital Services and chairman of ICRIER; Siddharth Pa... |
12.03.2024 | Hospitality brand Quorum Club secures pre-Series A funding led by Gruhas | ETtechVivek Narain, founder and CEO, The Quorum
Lifestyle hospitality brand Quorum Club has secured an undisclosed amount in a pre-series A funding round led by Gruhas, an investment firm cofounded by Zerodha cofounder Nikhil Kamath and con... |
07.03.2024 | Zerodha onboards NPS and offers seamless access to retirement savings product for its customers | Zerodha, a leading stock broking platform, has onboarded the National Pension System (NPS) on its web app, expanding the engagement of PFRDA with fintech entities.
PFRDA Chairman Deepak Mohanty inaugurated Zerodha Broking Limited’s NPS web-... |
05.03.2024 | India Inc's wellness mantra: Me time, music, walks and the power of a smile | In the last few years, the debate on worklife has swung between how much is healthy and how much is necessary. Should a workweek be 70-hour-long or is a four-day office routine more productive? Should we give work our all or seek work-life ... |
05.03.2024 | How Ageas Federal Life Insurance MD & CEO stays mentally, physically fit | In the last few years, the debate on worklife has swung between how much is healthy and how much is necessary. Should a workweek be 70-hour-long or is a four-day office routine more productive? Should we give work our all or seek work-life ... |
05.03.2024 | What's Tata AIG General Insurance MD & CEO Neelesh Garg's wellness mantra | In the last few years, the debate on worklife has swung between how much is healthy and how much is necessary. Should a workweek be 70-hour-long or is a four-day office routine more productive? Should we give work our all or seek work-life ... |
02.11.2023 | Bitcoin Put Options, Which Offer Downside Protection, Look Unusually Cheap. Will the Situation Last? | Put options or bearish bets tied to bitcoin (BTC) are trading at a discount to historical standards, offering a rare opportunity for bulls to snap up downside hedges at cheap valuations.
The conclusion is based on the ratio between two metr... |
28.09.2023 | Zerodha is valued at Rs 30,000 crore or 10-15 times its earnings: CEO Nithin Kamath | Kamath's valuation comes just two days after Zerodha's FY23 results were out
Discount broking major Zerodha is currently valued at Rs 30,000 crore or $3.61 billion and is usually calculated as 10-15 times the company's earnings (Profit Afte... |
23.09.2023 | Zerodha Co-founder Nikhil Kamath to Infuse INR 100 crore into Bluestone The other notable participants in this investment include Zomato founder and chief executive Deepinder Goyal, CarDekho founder &... | Zerodha co-founder Nikhil Kamath will be infusing INR 100 crore into online jewellery brand Bluestone. The investment comes as part of INR 550 crore fund raising that the Bengaluru-based company is set to close.
The other notable participan... |
11.08.2023 | Zerodha Allocates INR 1,000 Cr to Its Startup Investment Platform Rainmatter The firm has so far invested INR 400 crores in 80 startups | - |
19.04.2022 | Zerodha posts 60% jump in both revenue, profit for FY22 | FintechNewsStartups
Deepti Sri · 19 Apr 2022 · 1 min readZerodha posts 60% jump in both revenue, profit for FY22
Zerodha, India’s largest brokerage, has reported a 60% surge in its annual revenue and profit for the financial year ended 2022... |
28.05.2021 | Zerodha valued at $2 billion, plans $25 million ESOP buyback | Zerodha founder Nithin Kamath
Online brokerage Zerodha is planning to buyback shares from early employees at a valuation of $2 billion, doubling in a year with stock markets on a historic bull run, founder and CEO Nithin Kamath tweeted on M... |
28.05.2021 | Zerodha doubles its valuation to $2 billion within a year as millennials plough India’s stock markets | Online broker Zerodha’s valuation has doubled from $1 billion to $2 billion within a year’s time.
The company’s founder Nithin Kamath revealed this while announcing a $25 million buyback of employee stock option plans (ESOP).
The massive bo... |
14.01.2021 | He became one of India’s youngest self-made billionaires at 34. Here’s his advice for other entrepreneurs | At 34 years old, Nikhil Kamath is one of India’s youngest billionaires.
The Bangalore-born entrepreneur snagged the title late last year after joining Forbes India Rich List with his brother and co-founder, Nithin. It followed the runaway s... |
12.01.2021 | How this 34-year-old chess champion became India’s youngest new billionaire | Netflix’s “The Queen’s Gambit” may have popularized chess for modern audiences, but Nikhil Kamath liked the game way before it was cool.
So much so, that he dropped out of high school at 14 to play full time.
Don’t miss: The best cash-back ... |
12.05.2015 | Zerodha Introduces Expert Advisors for the First Time in India | Bengaluru, Karnataka, India
Expert Advisors (EA’s) as they are popularly known especially in the meta trader community are programs that allow automation of analytic processes. What this means is that one can convert the trading strategy in... |
28.04.2015 | ZERODHA Forays into New Delhi-NCR and Kolkata | Bengaluru, Karnataka, India
The entry of ZERODHA will be a catalyst in moving the traditional offline trading business to a more efficient online discount broking model. The entry should also give a boost to increased market participation a... |
- | Zerodha Plans ESOPs Buyback At $2 Bn Valuation; Earmarks $300 Mn For Startups | India’s biggest stock-trading platform, Zerodha is planning another buyback for employee stock ownership plan (ESOPs) in 2021, at a valuation of $2 Bn (INR 14,503 Cr). The company’s CEO and cofounder Nithin Kamath announced the development ... |
- | News Roundup: 7 Indian Startup Stories You Don’t Want To Miss This Week | Little and large
Amidst sale talks with Flipkart, Snapdeal started initiating payouts to the employees it laid off two months back. In February 2016, Snapdeal fired around 600 employees amidst cost-cutting woes. The company also launched it... |
- | The billionaire co-founder of India’s Robinhood has advice for investors | 2020 was a record year for stocks, as markets rallied against the escalating coronavirus pandemic. 2021, too, has kicked off to a promising start amid a change in the U.S. administration, vaccine rollouts and still rising cases.
That has be... |
- | Zerodha’s Rainmatter Funds Quicko To Help Online Traders File Taxes | Zerodha’s fintech fund and incubator Rainmatter has invested INR 2 Cr ($280K) in the seed round of online tax planning and filing platform Quicko.
Founded in 2015 by Vishvajit Sonagara, Quicko is a complete tax filing platform for both non-... |
- | Finally, ESOPs Make Sense To Employees As Startups Payout INR 365 Cr In Buyback | ESOP buybacks have come as a succour in times of the pandemic. Employee stock ownership plan (ESOPs) buybacks besides incentivise financially also induce employees to “have their skin in the game.” This also helps attract potential assets t... |
- | Funding Galore: Startup Fundings Of The Week [15 August – 20 August] | In a bid to firm up market share against rival Amazon, Alibaba reportedly held discussions to acquire online marketplace ShopClues, with further plans to merge Paytm with ShopClues. The week also marked rumours of a possible merger of Snapd... |
- | SEBI’s Algo Trading Proposal Irks Zerodha And Other Industry Players | Having allowed algo(rithmic) trading in 2008 by non-retail traders, India’s capital market regulator Securities and Exchange Board of India has now proposed a regulatory framework for algo trading done by retail investors.
An algo trading s... |
- | From 10K Users In First 3 Years To 1.9 Lakh Users Today: Bootstrapped Zerodha Aims To Make Online Trading Low Cost, Transparent | [Note: This article is part of The Junction Series. We will be covering the FinTech sector in detail at The Junction 2017 in Jaipur. Learn more about The Junction here!]
Nithin Kamath started investing when he was just 17 years old.
He lear... |