Nithin Kamath

Nithin Kamath
Kamath in 2016
Born (1979-10-05) 5 October 1979
Shimoga, Karnataka, India
Nationality Indian
Occupation Founder and CEO of Zerodha
Home town Bangalore
Spouse(s) Seema Patil

Nithin Kamath (born 5 October 1979) is an Indian stock broker and Internet entrepreneur[1] known for founding Zerodha,[2][3][4] an online-only Indian discount stock brokerage[5][6] with daily retail trading turnovers crossing $1 billion.[7] He is also the founder of Rainmatter, a Bangalore based financial technology startup fund[8] and incubator.[9]

Early life

Nithin Kamath was born into a Konkani - Kamath family in Shimoga, Karnataka. His father, U.R. Kamath was an executive with the Canara Bank, and his mother, Revathi, taught veena.[1] As a child, he travelled across India following his father's profession, before finally settling in Bangalore in 1996, where he finished his secondary and college education.[10]

Kamath started trading stock markets at the age of 17, when he started managing his father's trading account. After spending considerable time as a professional trader, he worked at a call centre for three years due to the lack of trading capital, before becoming a sub-broker for Reliance Money and finally founding Zerodha in 2010 with his younger brother, Nikhil Kamath.[4][11]

Awards and recognition

  • Confederation of Indian Industry (CII) Emerging Entrepreneur Award.[12]
  • In its annual business review, the Economic Times featured Kamath as one of the 10 Indian businessmen to watch out for in 2016, who will be most influential in their respective industries.[13]
  • Ernst and Young "Entrepreneur of the year (2017)".[14]


Personal life

Kamath married Seema Patil in 2008.[4] He is an avid poker[1] and basketball player, and a martial arts enthusiast.[15]

See also

References

  1. 1 2 3 "'Startup diaries'". Business Standard. 2015-04-02. Retrieved 2015-05-19.
  2. ↑ "'Zerodha: rising stock on the Internet'". The Hindu Business Line. 2014-03-10. Retrieved 2015-05-19.
  3. ↑ "'Zerodha shows David can win'". Business Standard. 2015-03-09. Retrieved 2015-05-19.
  4. 1 2 3 "'Why venture capitalists are flocking Zerodha today'". The Economic Times. 2014-09-16. Retrieved 2015-05-19.
  5. ↑ "MCX-SX says Zerodha offering Rs0 per trade on its own". Money Life. 2015-05-11. Retrieved 2013-08-09.
  6. ↑ "Discount broking makes a comeback". Financial Chronicle. 2013-02-14.
  7. ↑ "'Sebi refuses to set a minimum fee for discount brokerages'". Live Mint. 2015-05-12. Retrieved 2015-05-19.
  8. ↑ "Rainmatter invests Rs 2.5 crore in analytics software startup Tradelab". The Economic Times. 2015-04-29. Retrieved 2015-05-19.
  9. ↑ "'A rainmaker for financial technology ideas'". The Economic Times. 2015-04-13. Retrieved 2015-05-19.
  10. ↑ "'How Nithin Kamath turned his online discount broking firm 'Zerodha' into a Rs 20 crore venture'". The Economic Times. 2015-10-29. Retrieved 2015-05-19.
  11. ↑ "'Zerodha makes stock broking pay at Rs. 20'". The Hindu Business Line. 2013-03-23. Retrieved 2015-05-19.
  12. ↑ "Use technology to create affordable products, CII chief tells entrepreneurs". The Hindu Business Line. 2014-03-12. Retrieved 2014-09-28.
  13. ↑ "10 businessmen to watch out for in 2016". The Economic Times. 2015-12-31. Retrieved 2016-03-30.
  14. ↑ "Ideas to Innovation series: In conversation with the EY Entrepreneur of the Year Award Winner 2017 (Part 4)". The Economic Times. 2018-03-07. Retrieved 2018-03-07.
  15. ↑ "'Living without barriers'". The Hindu Business Line. 2015-10-29. Retrieved 2015-05-19.
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