Business Standard: Zerodha aims to be among the top three online trading firms in 2 years
Business Standard talks to Nithin Kamath, Founder/ CEO of Zerodha about the future goals of the company.
Zerodha, a Bangalore-based online broking and trading start-up, targets to be among the top three online trading firms in terms of turnover in India over the next three years.
Zerodha, which started operations in August 2010 with a brokerage-free model where traders pay only Rs 20 per transaction irrespective of the trade size, has seen a 10-fold growth in the last two years. The start-up platform now clocks an average turnover of Rs 3,000-Rs 3,500 crore per day.
“We target to grow three-times of our current turnover over the next two-three years,” Nithin Kamath, founder and chief executive officer of Zerodha, told Business Standard.
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