Nithin Kamath News

Zerodha cofounder Nithin Kamath on Wednesday flagged the rise of digital arrest frauds in India over the past year, and the vast amounts of money being lost to scamsters. In a post on X, Kamath said, «Indians have lost over Rs 2000 crores to digital arrest frauds this year. These scams work by creating fear in people. They take advantage of people's tendency to make mistakes when they are afraid.»

Zerodha co-founder Nithin Kamath highlighted the issue in a recent post on social media platform X, warning that these scams exploit fear to deceive people.

Zerodha has introduced six new features on its trading and investment platform, Kite, to make order placement easier for users. Founder and chief executive officer Nithin Kamath announced the update on X, highlighting key enhancements such as order slicing, available margin display, a new basket icon, and more.

Eli Lilly has launched Mounjaro (tirzepatide) in India, a drug hailed for its ability to manage diabetes and trigger dramatic weight loss. Originally designed for type 2 diabetes, its secondary benefit—helping users shed up to 20% of their body weight—has turned it into a global phenomenon. But while the buzz is strong, the drug comes with a steep price tag: ₹3,500 for a 2.5 mg vial and ₹4,375 for 5 mg, making long-term use an expensive commitment.

Zerodha co-founders Nikhil Kamath and Nithin Kamath recently surprised their mother, Revathi Kamath, with a luxurious new Mercedes, turning the occasion into an unforgettable family moment. Adding a cultural essence to the gift, they presented the car keys in a ceremonious manner, emphasizing deep-rooted traditions. Revathi Kamath took to Facebook to share her overwhelming joy, expressing her gratitude for the thoughtful present. She enthusiastically wrote about the special moment, highlighting the significance of the traditional customs that accompanied it. In the images she posted, her happiness was palpable as she received the keys to her brand-new car, along with a symbolic peta (a traditional headpiece) and shalu (a ceremonial shawl), both of which represent respect and honour in Indian culture. The newly gifted car is believed to be a Mercedes GLS, a high-end full-size SUV renowned for its elegance, cutting-edge features, and supreme comfort. Often dubbed the 'S-Class of SUVs,' this luxury vehicle offers an opulent interior, an advanced infotainment system, and a commanding road presence. With an estimated price tag exceeding Rs 1.5 crore, the car embodies prestige and sophistication, making it a fitting tribute to the Kamath brothers' admiration for their mother.

Nithin Kamath, the co-founder of Zerodha, has built one of India’s most successful financial platforms. He understands the complexities of stock markets, investment strategies, and wealth management like few others. But when it comes to social media—specifically Instagram—he’s completely lost. In a candid post on X (formerly Twitter), Kamath admitted that Instagram’s features left him baffled. «Trying to learn how to use Instagram. I don’t know if I am too old or this is just too complex to use,» he wrote, attaching a screenshot of a conversation with his colleagues. His team’s attempt to explain Instagram’s workings only added to his confusion—and to the amusement of thousands online.

Zerodha co-founder and CEO Nithin Kamath, who was named EY Entrepreneur of the Year 2024, struck a cautionary note on social media, hinting that his accolade might be a delayed indicator of a market peak. «This is what the top of the bull market looks like with a lag . A broker winning the @EY_India entrepreneur of the year 2024,» Kamath posted on X, formerly Twitter, on March 6. He added a cinematic touch to his reflection, referencing the melancholic Bollywood song Zindagi Kaisi Yeh Paheli from the 1974 film Anand, a song that contemplates the unpredictable nature of life, which played in the background as he received the award, adding a reflective, almost ironic undertone to the moment.

Subscribe to enjoy similar stories. MUMBAI : ICICI Direct’s latest TV commercial on the “buy now, pay later" offer for stock purchases created a lot of chatter on the microblogging site X, formerly Twitter, about the potential risks of buying shares by borrowing money from a broker. To be sure, most brokers in India offer a margin trading facility (MTF), positioning it as a “buy now, pay later" option.

Bryan Johnson, the American tech billionaire known for his anti-ageing project, recently made headlines after cutting short an interview with Nikhil Kamath, co-founder of Zerodha, citing discomfort due to the air quality in India. During the podcast WTF is, he explained that he experienced irritation in his eyes and throat from the air. In response, Nikhil’s brother, Nithin Kamath, who is the founder and CEO of Zerodha, shared his thoughts on the incident.

Rainmatter invested around Rs 275 crore in 47 startups last year, with climate and health startups receiving the largest share of investments in terms of volume, according to a blog post. The firm has earmarked an additional Rs 1,000 crore for investments over the next few years, the blog stated.

Zerodha's Nithin Kamath said that it should be okay for savvy traders using APIs for individual trading with some reasonable order limits. However, the APIs have to be accessed through only static IPs.

mutual fund industry, Zerodha Founder and CEO Nithin Kamath said as he lamented inadequate number of Registered Investment Advisors (RIAs) and Mutual Fund Distributors (MFDs). While Zerodha offers direct plans, the entrepreneur acknowledged the role of MFDs in taking the industry forward and went on to recommend it as a «good career option». «Despite all the interest in the stock market after COVID, there are still only 5 crore unique mutual fund investors. I've said this earlier as well—one of the biggest challenges for the Indian markets is the lack of an advisory ecosystem with just about 900 RIAs,» Kamath tweeted.

Zerodha Founder and CEO Nithin Kamath on Saturday took to social media platform X to warn investors of the stock market malices happening daily and how investors were being fooled by scamsters. Citing market regulator Securities and Exchange Board of India's (Sebi’s) two recent orders — Trafiksol ITS Technologies IPO and Baap of Chart — Kamath reiterated that shortcut to make a quick buck is the surest way to lose money in the markets.

Zerodha's chief executive, Nithin Kamath, said on Friday that those investing in senior care ventures need to view it as a journey of 15-20 years rather than the traditional startup cycles of 7-10 years. Entrepreneurs need to focus on steady growth rather than rapid scaling, he said. “This isn't about catching a trend. The key is not to build short-term. You're trying to build something before the market fully develops,” he said, speaking at the Association of Senior Living India’s Ageing Fest in Bengaluru. He emphasised the need to mainstream the idea of ‘senior care’ and bring more awareness to remove the social stigma that exists in society. “There needs to be more effort to build beyond the top 25%,” he added.

stock market growth is set to plateau after the euphoria of the last four years which led to record participation of retail investors and this will have an impact on the growth prospects for the Bengaluru-based firm in the coming years, said Nithin Kamath, chief executive officer, Zerodha. “Zerodha’s performance would be highly correlated with the performance of the markets, and given the euphoria in the last three to four years, it is difficult to continue with the same optimism for the next few years,” Kamath said. Since reaching the peak of 85,000 in September, the BSE is currently trading at around 77,500, falling steadily over multiple trading sessions.

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.

Zerodha co-founder Nithin Kamath recently lambasted the Indian public for harbouring resentment towards the rich and the entrepreneurial class. In a conversation at a tech event with YourStory founder Shradha Sharma, Kamath blamed India’s socialist mindset and wide economic disparities that have triggered a culture that discouraged entrepreneurship and also fostered bitterness towards the moneyed classes. “In the US, if someone makes a lot of money they are very successful and buy new cars, then it comes on the cover page. And it’s very normal—buying a jet and all is very normal. And as a society also, they don’t look down [on rich people,” said Sharma.

Indian stock markets, including equity, derivatives, and SLB segments, remain open today for trading on Eid-e-Milad-un-Nabi. It is however a settlement holiday and as such no settlements happen today, said Nithin Kamath, founder of online brokerage platform Zerodha in his post on the social media platform X. “Today is a settlement holiday, and thus, settlements of funds and stocks don't happen. This happens when banks in Maharashtra are closed, but trading on exchanges is open,” said Kamath in the post.

startup Boson Whitewater and nutrition-focused brand TruNativ have each secured Rs 10 crore in equity funding from Zerodha-backed early-stage venture firm Rainmatter. Boson Whitewater helps treat excess sewerage treatment plant (STP) water into potable water, which can help solve the water scarcity problems in large cities like Bengaluru. TruNativ is a direct-to-consumer (D2C) brand that sells nutritional products like Everyday Protein, Everyday Fibre, and Everyday Sweetener through its own website and ecommerce channels.

Ola Electric, Unicommerce, and First Cry have significantly enriched their investors, reflecting strong market interest and confidence in these companies. These successful public offerings highlight the potential of homegrown businesses in India, suggesting that the market is eager for more such opportunities. Nithin Kamath, the founder of Zerodha, acknowledged the success of these IPOs and emphasized the need for more Indian companies to follow suit. He noted that the success of these IPOs could serve as an incentive for other companies to consider going public, which would, in turn, attract more retail and institutional investors. Kamath pointed out that a steady flow of new securities is essential for the growth of the market, particularly as domestic investment continues to increase. His comments were met with a wave of responses from the public, many of whom urged Zerodha to consider its own IPO. People questioned whether Kamath would lead by example and bring Zerodha to the stock market.

Groww experienced a technical glitch this morning, disrupting users' ability to place orders and access their Demat balances. The outage has caused widespread difficulties, leaving many users unable to use essential platform services. Taking to platform X (previously known as Twitter), one user wrote, “@_groww unable to use my Demat Balance, what's wrong?”