Helping Indians manage their health and wealth excites us the most at Rainmatter. This desire to help people become healthier led us to the FITTR team. We are happy to partner with and support FITTR in its mission to educate people about the importance of nutrition and health.
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Around 2016 when Zerodha was slowly growing, we realised that a key problem to solve in the industry, which in turn had much wider impact, was to help expand capital markets at the same time as increasing access. We knew that this couldn’t be done by us alone and that it was necessary to collaborate […]
A recurring theme about financial crises is that people keep learning the same old lessons. The collapse of Silicon Valley Bank (SVB) highlighted the lessons of proper cash management. To recap, Silicon Valley Bank was a favorite among startups due to its focus on providing banking for them. As venture funding exploded after the pandemic, […]
When I saw MyLang’s website for the first time, I beamed. An Indian platform that creates, hosts, and promotes literature in Indian languages (beginning with a neat Kannada catalog). When Pavaman described to me how the project had taken shape over two years, it was impressive. The platform was already bringing together authors, scholars, storytellers, […]
IndiaDataHub is an economic and financial data and insights platform. They are doing an amazing job not just aggregating data across numerous sources and also parsing the data to derive meaningful insights. It was started by Ashutosh Datar as a passion project and later evolved into a full-fledged platform. IndiaDataHub also publishes an annual publication […]
नेगेटिविटी के दवाब के कारण अच्छी ख़बर की तुलना में बुरी ख़बर को आम तौर पर अधिक देखा जाता है। सोशल मीडिया तब निडर हो गया जब स्टॉक एक्सचेंजों द्वारा रिटेल कस्टमर्स को ब्रोकरेज फर्म को शामिल किए बिना डायरेक्ट मार्केट एक्सेस (DMA) देना का अफवाह फैल गया था। कहने के मतलब एक्सचेंज खुद अब […]
Like we’ve alluded to multiple times in the past, without a vibrant advisory ecosystem of advisors and distributors, there’s only so much the Indian markets can grow. Sure, the investor base has grown quite a bit in the last couple of years. But if the markets have to continue growing, we’ll need lakhs of advisors […]
Thanks to the dramatic increase in the internet native young investor crowd, we keep getting questions about why fractional shares aren’t allowed in India like the US. Coincidentally, we recently, along with a startup, had applied to SEBI under the SEBI Regulatory Sandbox to try and enable a way to allow fractional trading of shares […]
We started Rainmatter in 2016 because we realized that the Indian markets were quite shallow. The only way we could grow was if the investor participation in Indian capital markets grew, and we could only do so much on our own. So we started backing founders who were building things that could bring in the […]
Since day 1 of Zerodha, we’ve always tried to share as much as possible and educate people about the markets. Today, our initiatives like Varsity, Z-Connect and Tradingqna are some of the most visited sites both in India and across the world. Though we don’t really have an ed-tech focus at Rainmatter, we partnered with […]
Update (9th Dec 2021): SEBI has put up a consultation paper, which I am guessing is due to their worry about the growing popularity of unregulated algo trading platforms that offer off the shelf automated strategies. Some of these platforms also make false claims of guaranteed returns. SEBI is absolutely right in being concerned and […]
India is the second-largest consumer of gold in the world after China. Gold holds a lot of cultural significance for Indians. The average Indian household has over 11% of its wealth in gold and it’s the second biggest asset among households after real estate. Gold and real estate combined account for 80-95% of Indian household […]
Fintech is hot🔥 right now. Everybody and their grandmother want to do some “fintech”. Q2, 2021 was the best quarter on record for fintech with $33.7 billion in funding – $1 out of every $5 VC dollars, according to CB Insights. But most of the money is still going into payments and lending. Deals in […]
Everything is fintech, and fintech is hot right now. According to CB Insights, Q1’21 was the best quarter on record for fintech, with $22.8 billion in funding. The same story is playing in India. According to Bain, fintech VC funding has grown from about $700 million in 2018 to $1.2 billion in 2020. Just halfway […]
In September 2020, SEBI notified the new changes to the Registered Investment Advisers (RIA) guidelines. There were a few big and important changes in the new guidelines: Segregation of advisory and distribution at a client level Mandatory agreement between advisers and clients before any advice was given Capping of fees at 2.5% for AUM based […]
We have all heard of the lakhs of crores of Rupees worth of trading turnover that happens in the Indian capital markets every day, creating the illusion that the markets are massive. However, this post explains why they are not, and why looking at trading turnover to determine the market size is highly flawed. Trading […]
One of the biggest enablers for the growth of retail investments in India over the last 10 years has been Systematic Investment Plans or SIP in equity mutual funds. You select a mutual fund to invest in, decide how much you want to invest monthly, set up a bank ECS/NACH mandate form, and then money […]
I am happy to announce Rainmatter’s investment in ERPNext, the biggest Free and Open Source (FOSS) project out of India, and the biggest FOSS ERP (Enterprise Resource Planning) system in the world. While it is uncharacteristic of me to speak of a financial investment, I am personally excited about this for multiple reasons. ERPNext is […]
Edited: 1st Feb 2022 after the budget announcement that surcharge on LTCG (Long term capital gain) of unlisted companies to be capped at 15%. Overall LTCG for unlisted companies now drops from 28.5% to 23.92%. We get a lot of credit for bootstrapping Zerodha and building the business without raising professional money. I have always […]
Negative news generally gets more views compared to happy news due to the Negativity Bias. Social media went berserk when the rumour broke out about the possibility of stock exchanges offering Direct Market Access (DMA) to retail customers without involving a brokerage firm, implying exchanges functioning as quasi brokers themselves. Several articles were published without […]
SEBI released a circular on June 5, 2020, announcing a regulatory sandbox to allow fintech companies to experiment and test their products in a live environment with some flexibility afforded with respect to regulations. This circular follows the one published by SEBI in May 2019 introducing an “Innovation Sandbox” for fintechs to try out products […]
Trading can be an extremely stressful activity. An emotional roller coaster that all of us face every day. I have interacted with tens of thousands of active traders for almost two decades now. A trend I have seen across many of them who have done well trading has been that, along with spending a lot […]
Update: April 25, 2020 SEBI put out this clarification on April 24, 2020 on the Know Your Client (KYC) process. It is in line with what we have described in the post below. While we have explained authenticating AADHAR through DigiLocker, The Ministry of Finance has put out this notification on April 22nd allowing AADHAR […]
October 1st, 2019 was quite eventful for the brokerage industry. In the US, Interactive Brokers introduced a“Lite” plan with no commissions, followed by Schwab, TD Ameritrade, E-Trade, and more. These firms were charging up to $7 per trade. Stock prices of most of the large brokerage firms dropped 10% to 30% in one day. These […]
UPI is changing the payments landscape in India. You must have already seen metrics for the UPI platform published by the NPCI. We thought it might be interesting for you to see data on UPI at Zerodha, as we are one of the largest merchants on the UPI platform and our client demographics — people […]
