We launched the Kite Connect suite of trading APIs in 2016 to allow platforms like Smallcase, Sensibull, Streak, etc., to build on top of us. The idea was that we would take care of the execution and regulatory compliance while the startups could just focus on building a better product.

Slowly, individuals also started using the APIs, and we were charging ₹ 2000 for data and ₹ 2000 for historical data. Given that there’s now regulatory clarity on APIs for personal use, we’ve made the execution APIs free, and we only charge ₹ 2000 for data.

More here.