Zerodha cofounder Nikhil Kamath shares his biggest investment bet of this year
Nikhil Kamath, co-founder of Zerodha, has consistently emphasized the potential of the energy transition sector as a big investment opportunity. During a podcast with rapper Badshah and actress Kriti Sanon earlier this year, Kamath highlighted the expansive scope of his investments in electric vehicles (EVs), ranging from scooters and buses to trucks, and hinted at the possibility of venturing into air taxis in the future.
Towards the end of the year, Kamath reinforced his confidence in this sector through a social media post, underscoring his belief that the transition to electric vehicles is inevitable. He noted that pollution, rather than broader climate issues, could accelerate this shift. Additionally, he pointed out that the reduction in commuting costs per kilometer could help offset the higher initial capital expenditure associated with EVs.
«The largest bet this year for me has been that all vehicles will be electric someday; we have invested in everything from scooters to busses to trucks to maybe air taxis next,» Zerodha co-founder said in his post.
Kamath also emphasized the importance of transitioning energy production to renewable sources, making it clear that a green energy supply is essential to fully realize the benefits of the EV revolution.
Accompanying his post, Kamath shared insights from Gruhas Research, which outlined India’s strong position to achieve its renewable energy targets. The report highlighted that India is well positioned to meet its goal of generating 500 GW—or 50% of its
