Nikhil Kamath News

Nikhil Kamath, co-founder of Zerodha, gathered industry titans to discuss one of the most debated topics in personal finance: buying a home versus renting. Kamath was joined by Irfan Razack, Chairman & MD of Prestige Group, Nirupa Shankar, Executive Director at Brigade Group, and Karan Virwani, CEO of WeWork India. The discussion revealed key insights into the advantages and challenges of each option. Kamath, who has long favored renting, shed light on the uncertainty that often comes with renting. “The thing with renting, of all the advantages of renting, there is one disadvantage: you don’t have foresight as to when you can move out of the house. I had to move out of this house, whereas I might have liked to stay longer in this house,” he said. Kamath explained that the inconvenience of having to move often sways people toward buying their own homes.

Eldercare startup Primus Senior Living has raised $20 million in a seed funding round led by General Catalyst, with participation from Zerodha cofounder Nikhil Kamath and Gruhas, the investment firm co-founded by Kamath and Abhijeet Pai of Puzzolana Group. General Catalyst contributed $7 million to the round, while Kamath and Gruhas invested the remaining $13 million, according to Adarsh Narahari, founder and managing director of Primus. Led by Narahari, Bengaluru-based Primus is developing a comprehensive eldercare platform offering various services, including healthcare, wellness, lifestyle, and social engagement—all delivered to elders in their homes.

During the podcast, Nithin Kamath emphasized the importance of maintaining good mental health, drawing from his own experiences. “Mental health is something I care about quite a bit,” he said. “For me, it’s about not keeping anything in my mind—just letting it out.” Nithin explained that holding onto thoughts and emotions only complicates matters, encouraging a more open approach to dealing with personal issues. Nikhil Kamath, the younger of the two, shared an instance from his life where Nithin’s advice played a crucial role. Playfully reflecting on the time during the COVID-19 lockdown, Nikhil spoke about a breakup he went through while living with his brother. “We both were in one house together and we had broken up at that point of time. So Nithin's advice to me: I'm like going through a breakup, we're like getting reasonably intoxicated every night for 2 months,” Nikhil said.

Bengaluru man’s ordinary Sunday morning took a remarkable turn when he unexpectedly ran into Zerodha co-founder Nikhil Kamath during a mushroom walk at Cubbon Park. Aymen Aslam, the founder of Klick Consulting, shared his experience on X, formerly known as Twitter, and his post has since gone viral.

Ranbir Kapoor got into a candid mood recently. The ‘Animal’ star appeared in a podcast hosted by Zerodha co-founder Nikhil Kamath, and shared insights on spirituality, his equation with wife Alia Bhatt, and his late father Rishi Kapoor. He also made a shocking revelation about another star.

‘blue screen of death’ error, Mac and Linux hosts functioned normally. Earlier, CrowdStrike CEO Kurtz, on X, had further reassured its customers, and stakeholders that Mac and Linux hosts had not been impacted.In a post on the social media platform X, Zerodha cofounder Nikhil Kamath's sibling, Nithin wrote, “Almost the entire employee base, including non-technical folks, uses Linux laptops.

WTF is with Nikhil Kamath" has announced its new segment, "People By WTF," featuring Microsoft co-founder Bill Gates as its first guest.

electric scooter maker Ather Energy. He sold a 2.2% stake to two-wheeler major Hero MotoCorp for Rs 124 crore, and the rest to Zerodha cofounder Nikhil Kamath. ET first reported on April 23 that Bansal was in talks to exit the EV maker.

Electric scooter maker Ather Energy has raised Rs 286 crore ($34 million) from its founders and Stride Ventures in a mix of debt and equity funding. Ather’s cofounders Tarun Mehta and Swapnil Jain invested Rs 86 crore in the firm through series F compulsorily convertible preference shares, while debt fund Stride Ventures invested Rs 200 crore through series C3 debentures, documents filed by Ather with the Registrar of Companies showed.

Infra.Market on Friday said it has sold a minority stake in its subsidiary RDC Concrete for $20 million (about Rs 166 crore) in a round led by Zerodha co-founder Nikhil Kamath. The round saw participation from investors such as Capri Global Family Office, Verity Knowledge Solutions CEO Sumeet Kanwar and Abhijeet Pai-led Wear Steels.

Nikhil Kamath, the billionaire entrepreneur and co-founder of Zerodha, recently shared his admiration for Bengaluru, the country's startup capital, during his podcast on YouTube. Despite acknowledging challenges like traffic and road conditions, Kamath highlighted why Bengaluru stands out for him. He emphasized that Bengaluru's real treasure lies in its people, despite the hurdles like congested roads and traffic. .Kamath stated, «The big, big differentiator at the end of the day — forget all the roads, the traffic… those things don't matter — the people of Bengaluru are second to none… the love they have for the city, how nice they are as people.» Delving into what makes each city renowned, Kamath mentioned Hyderabad's biryani, Mumbai's «good-looking people» and fast-paced culture, and Delhi's affluent population. However, he reserved special praise for Bengaluru, describing it as a city famous for its kind-hearted residents. He also noted that people in Bengaluru are welcoming, down-to-earth, and subtle.

Zomato, its first full-year profit in pocket, turns focus on Blinkit When the conversation turned to legacy, the 37-year-old entrepreneur disclosed that he doesn't adhere to the conventional notion of leaving one behind. "I think we all feel that we are more important than we are... you are born and you die like every other animal on the planet and then you are gone and nobody remembers anybody," he added.

Sam Pitroda sparked discussions on social media and generated increased interest in the concept of inheritance tax, both on social media and in Google searches. Unlike some countries like South Korea, America, and the UK, India currently does not have a system of inheritance tax in place, having abolished the Inheritance or Estate Tax back in 1985. Amid the controversy surrounding inheritance tax, an old video of Zerodha founder Nikhil Kamath, who is also India's youngest billionaire, has also gained traction on social media. In the video, Kamath voiced his support for the implementation of an inheritance tax in India, arguing that it could serve as a means of redistributing wealth across generations. He pointed out that in a country where only a small percentage of the population pays income tax, such a tax could broaden the tax base, providing the government with additional resources for reforms and infrastructure development. “When wealth transfers from one generation to another, there has to be a filter so that a part of it can be redistributed. There is plenty of precedence to inheritance tax," Kamath said.

'inheritance tax' in India, an old video featuring Nikhil Kamath, co-founder of Zerodha, where he is discussing the issue with Mint, has surfaced. In the video, Kamath expresses his support for inheritance tax in India. “When wealth is passed down from one generation to another, there needs to be a mechanism in place to redistribute a portion of it.

Focusing on promoting entrepreneurship in India, Zerodha co-founder Nikhil Kamath on Monday launched a non-dilutive sector-agnostic grant fund WTFund. The new fund will back entrepreneurs aged 25 and under with the potential to “revolutionize their industries through innovative ideas and compelling visions,” WTF said in a statement.

WhatsApp has become a breeding ground for scams, and one of the most prevalent is fake advertisements. Among these scams, those related to fake stock tips are particularly notorious. Recently, Zerodha co-founder Nikhil Kamath took to social media to warn users about such scams, urging them to exercise caution. Kamath shared an image on the platform X promoting a WhatsApp group for stock tips allegedly by him. However, he clarified that he has never had any WhatsApp group for stock tips. He requested users to report such advertisements, emphasizing, «Scam alert, this is obviously not from me, I have never had or have any WhatsApp groups, nor do I give tips etc. Please report these.»

Zerodha Co-Founder Nikhil Kamath has alerted investors about not being part of any WhatsApp group that gives stock recommendations. The Indian entrepreneur shared a picture on his official X handle saying that it was not him and called it a "Scam".

The Fresh Press has raised an undisclosed amount of equity funding from Nikhil Kamath-backed Gruhas Collective Consumer Fund (GCCF). Founded in 2018 by Mithil Lodha and Rahul Jain, it currently runs about 40 outlets selling fresh juice and other products in nine cities including Hyderabad, Bengaluru and Delhi. About 30 of these are ‘shop-in-shop’ stores placed inside Inox theatres and Reliance Retail outlets, Lodha said.

Nikhil Kamath, the co-founder of Zerodha, expressed his belief that Bengaluru possesses a significant amount of paper wealth, suggesting that the wealth in the city may be more superficial than tangible. He noted that individuals in Bengaluru often accumulate wealth through stock options and other paper assets, particularly those working in the tech industry. Bengaluru's primary wealth stems from tech companies He highlighted that the wealth in Bengaluru primarily stems from tech companies, leading to a facade of affluence without substantial expendable wealth. Kamath expressed, 'It's not real money. Bengaluru has the most paper wealth and very little expendable wealth. The paper rich from here made money in tech companies.' Reflecting on his early career, Kamath recounted his first job experience at a call center in Bengaluru where he earned ₹8,000 selling health insurance. He noted the contrast in feelings as his peers graduated and entered the workforce.

Nazara Technologies is setting aside about Rs 830 crore ($100 million) to finance mergers and acquisitions in India, Europe and North America. The firm’s total cash position stands at Rs 1,500 crore, including funds from its various subsidiaries, from which it is earmarking this amount for buyouts, managing director and chief executive Nitish Mittersain told ET in an interaction.