The New Indian Express: Nithin is a bull tamer in his own right

January 24, 2013

The New Indian Express publishes Nithin Kamath’s story on his journey from a Trader, to Founder/ CEO of Zerodha, India’s first Online Discount Brokerage.

Nithin Kamath owns a company with a unique brokerage-free model and contributes Rs 2,000-3,000 crore per day of turnover to the various Stock/Commodity/currency exchanges in the country.

Nithin Kamath owns a company with a unique brokerage-free model

When 16-year-old Nithin Kamath first thought of making some pocket money, he was seeing silhouettes of potentiality, but not the potential. Clarity came through when some of his Marwari friends introduced him to trading stocks. So, while honing his hobbies of basketball, poker, triathlon and strumming the guitar, this engineering student was also mastering the complicated and stochastic ‘art’ of trading, where there is no space for venial error.

Today 33 years old, Nithin takes the Mr Micawber approach to economics – something will turn up. He owns a company with a unique brokerage-free model and contributes Rs 2,000-3,000 crore per day of turnover to the various Stock/Commodity/currency exchanges in the country.

“The early 2000s recession was a decline in economic activity which occurred mainly in developed countries. While I had an inclination towards taking up trading as a career while doing my engineering, the market conditions were not apt. I took up a job in a call center and the good thing about it was I could work in the nights and trade in morning. By 2004-05, I was working and trading. During this course of time, I met a retired man who wanted a stock portfolio, which I created. He became my first client. The confidence after getting more clients through referrals, made me open Kamath Associates, a financial advisory,” said Nithin.

Visit this link for more.

Zerodha

Your friendly neighborhood discount brokerage

No comments

  1. Moses says:

    Good going Nithin this is definitely an inspiration for the young generation 🙂

  2. melwin says:

    versatile

  3. Anand12 says:

    i bet…in upcoming years….zerodha rocks…. hatss of to u….

  4. Anand12 says:

    i bet…in upcoming years….zerodha rocks…. hatss of to u….

  5. rohanr_b says:

    Hi Nithin!

    What were the challenges that you faced when you started out and how did you overcome these challenges?

    how did you covince your family with about trading ambitions and being a full time trader..?

    • Nithin Kamath says:

      Rohan,

      Do check out this blog which has a little bit about me written by Hanan and also check out all the winners.

      Cheers,

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