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In June 2020, Zerodha became a "unicorn" with a self-assigned valuation of around $1 billion based on an ESOP buyback. [12] Zerodha had about 1.3 million customers in early 2020, which rose to nearly 10 million by the end of 2022. [13] In 2020, Zerodha applied for a licence to set up an AMC mutual fund in India [14] and launched its fund house ...
In 2010, Kamath co-founded Zerodha along with his brother Nithin Kamath. [ 16 ] [ 17 ] Zerodha provides brokerage services for dealing in stocks, currencies, and commodities. [ 18 ] [ 19 ] Kamath introduced a discount brokerage model with Zerodha which reduces the commission charged for transactions, enabling the masses to invest.
Jul.30 -- Founder & CEO of India's largest broker by number of users, Zerodha Broking, Nithin Kamath discusses the landscape for startups and IPOs in India. He speaks to Yvonne Man and Juliette ...
On 13 June 2021, Sudeep along with Sajid Nadiadwala and Nikhil Kamath, Chief Information Officer and co-founder of Zerodha, cheated during the online charity event against five-time world chess champion Vishwanathan Anand. [46] Chess.com suspended their accounts for violating fair play. [47]
ET Money was founded in 2015 by Mukesh Kalra, who earlier founded the fintech company Moneysights in 2009, which was later acquired by Times Internet in October 2014. . Moneysights was backed by ex-HP and IBM executive Prasad Duvvuri, Blume Ventures and Naveen Tewari of
BHIM allows users to send or receive money to or from UPI payment addresses, or to non-UPI based accounts (by scanning a QR code with account number and IFS code or MMID code). [ 7 ] Unlike mobile wallets ( Paytm , MobiKwik , M-Pesa , Airtel Money , etc.) which hold money, [ 8 ] the BHIM app is only a mechanism which transfers money between ...
Rakesh Radheyshyam Jhunjhunwala [3] (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant.He began investing in 1985 with a capital of ₹5,000, with his first major profit in 1986.
Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. [8] It is India's third largest private sector bank by assets and fourth largest by market capitalisation.