N ikhil Kamath is an Indian entrepreneur who, along with his brother Nithin Kamath, co-founded Zerodha, India's largest stock brokerage firm. A prodigious talent in the world of finance, Kamath famously dropped out of school at 17 to pursue his passion for chess and trading. He began his financial journey by trading stocks for himself and later managing accounts for friends and family at a call center where he worked. His intuitive understanding of the markets and knack for successful trading quickly earned him a reputation, laying the groundwork for his future ventures. His non-traditional path into the high-stakes world of finance is a testament to his self-taught expertise and relentless drive.
In 2010, the Kamath brothers launched Zerodha with the mission to break down the barriers for retail investors in India. They introduced a disruptive discount brokerage model, charging a flat fee for trades instead of the traditional percentage-based commission. This model, combined with a user-friendly technology platform, resonated with a new generation of Indian investors and revolutionized the country's brokerage industry. Beyond Zerodha, Nikhil has co-founded True Beacon, an asset management firm aimed at ultra-high-net-worth investors, and Gruhas, a real estate investment and prop-tech firm. Known for his candid views on markets and his philanthropic efforts, he is also a signatory of The Giving Pledge, committing the majority of his wealth to charitable causes.
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Nikhil Kamath is an Indian businessman, the self-made billionaire Co-founder and Executive of Zerodha (India's largest stock brokerage) and Rainmatter (fintech fund). His career is rooted in trading, technology, and entrepreneurial audacity.
Kamath dropped out of school after the 10th grade to pursue his interest in stock market trading. His philosophical approach centers on disruptive value pricing (offering zero-fee brokerage), technological efficiency, and long-term asset hold in the essential fintech and capital markets sector.
Nikhil Kamath's strategic genius was his commitment to democratizing the stock market. He co-founded Zerodha (meaning zero + constraint) with his brother, Nithin Kamath, in 2010, recognizing the immense, untapped domestic demand for low-cost digital brokerage. His structural contribution is immense: pioneering the zero-fee brokerage model that transformed the Indian financial landscape.
The company achieved unicorn status and became the largest stock brokerage in India (by active users). His wealth is secured by the colossal, long-term, stable profitability of the global fintech and brokerage sector.
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Drops out of school and begins stock market trading (Early Career).
Co-founds Zerodha with his brother Nithin Kamath (Founding).
Zerodha achieves unicorn status (Financial Milestone 1).
Rainmatter Foundation is established (Philanthropic Founding).
Continues as Co-founder and Executive, guiding the global fintech giant (Executive Oversight).
Nikhil Kamath's wealth is concentrated in his founding equity and continued executive leadership of the private fintech giant, Zerodha, and his venture fund, Rainmatter.
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Nikhil Kamath's social impact is structural, stemming from Zerodha's role in driving financial inclusion and democratizing stock market access for millions of Indian retail investors. His Rainmatter Foundation focuses on climate change and environmental sustainability (a major structural contribution to environmental causes in India). His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful industrialization and scale of the Indian fintech and financial services sector.
Nikhil Kamath maintains the professional, high-energy style of a technology executive. His attire is consistently formal and high-quality, favoring modern business wear. His aesthetic reflects serious authority and confident disruption, typical of a pioneer in the fintech sector.
Residing in Bangalore, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to fintech innovation, investment strategy, and environmental philanthropy.
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-0.93% | -$70.01M
-0.01% | -$0.30M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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