From Trading Alone at the Age of 17 to Starting Up Zerodha: Nithin Kamath’s Inspiring Story
The Asian financial markets are ascending to new heights. The global financial crisis has reached a different stage all together, and this has exposed the market players to myriad challenges. If we were to go by the definition that an entrepreneur is someone who turns challenges into opportunities, it means that many opportunities are open for the startups in the financial domain. Reining in the Indian context, we observe that a good number of startups have emerged in the finance domain.
Here we chronicle one more player, Zerodha: an online discount broking firm, which aims to give lower costs to the clients, something that can be crucial in deciding the long term profitability of a person trading in the capital markets.
“Zerodha is Zero + Rodha (rodha means barriers in Sanskrit). Zero Barriers, is what we are trying to do. From the time we started our business, we have tried to stay as far away from traditional brokers, even with our name we wanted to project what we want to do rather than project saying you can make money,” says Nithin Kamath, Founder, Zerodha, explaining the spirit of Zerodha.
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