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Ntrepreneur: Nithin Kamath

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ENTREPRENEUR

NITHIN KAMATH
ASHISH UPPOOR – 4SO19CS028
FAYAZ M MURAL – 4SO19CS053
ABHISHEK V SHETTY – 4SO19CS005
HITHESH – 4SO19CS061
ABHISHEK SEETARAM NAIK – 4SO19CS004
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INDE
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INTRODUCTION :
• Nithin Kamath 42 year old Entrepreneur, started a company named Zerodha at the age of 31 (15 Aug 2010) .
• He is From Shivamogga district
• He was working in the call center at the night and he used to trade during the morning hours.
• At the age of 17, he got introduced to the stock markets by his friend and since then he started trading . Then
he Established Company Named Zerodha . Zero and Rodha Sanskrit word for barrier.
• Income : 4.16Cr every month.
• There are around 5 million users.
• Awards And Honours like :
* Emerging brokerage firm of the year
* 10 Indian businessmen to watch out for.
* Startup of the year
• The 63rd richest in India

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EARLY LIFE AND EDUCATION :
• Nithin Kamath was born in Shivamogga, Karnataka, India to a Konkani family On 5th Oct 1979.
• He is a child of a middle-class ordinary family.
• His father was a bank employee and his mother was a house wife.
• Nithin Kamath finished his secondary school education
and college in Bangalore . He graduated from Bangalore
Institute of Technology in Electronics and
Telecommunications.

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EARLY LIFE AND EDUCATION :
• At age 17, he started handling his father’s trading account.
• He started trading in penny stocks. He had accumulated quite a bit of money by the time he finished his
engineering degree. He then lost it all around Rs 5 lakh between 2001 and 2002 when the markets crashed.
• He also practiced as a Property Trader from January 1997 to January 2004.
• To obtain more trading capital he worked for call centered-focused company, Senior Telesales Executive from Jan
2001 to June 2004 .But nothing worked for him.
• Then he joined Reliance Money as sub broker and after that he found so many loophole in that company. Later
he has worked with 12 Brokerage Firm but all of them were working on Old School methodology. Later Nithin
and his younger brother, Nikhil founded their stock brokerage firm, ‘ Zerodha ’ in 2010.

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About ZERODHA
:
• ZERODHA is the leading and most popular discount brokers available in india; it has the largest
trading volume growth and has more number of customers.
• The name ZERODHA is obtained from an english word zero and rodha from a sanskrit word meaning
barrier.
• Zerodha was established in the year 2010 August, by Nitin Kamath, who is a professional trader for
more than 10 years.
• Zerodha is headquartered in bangalore and has its franchise offices in several major cities like
Pune(maharashtra), Hyderabad (andhra pradesh), Chennai (tamil nadu), Ahmedabad (gujarat),
Vijayawada (andhra pradesh), Salem (tamil nadu), Hubli (karnataka), Kanyakumari (tamil nadu),
Coimbatore (tamil nadu) and Kochi (kerala).

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About ZERODHA
:
• Among several discount brokers that are available in the country, This brokerage is one of the first
firms to have its online presence.
• Zerodha allows its traders and investors to trade in Indian share markets such as NSE, BSE, and
several others.
• Zerodha reports that it has a turnover of Rs.7000 crores that account for 2% of the total turnover of
NSE.
• REVENUE : ₹1,093.64 CRORE (US $150 MILLION) (2020)
• NET INCOME : ₹442.36 CRORE (US $59 MILLION) (2020)

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About ZERODHA
:
• Nithin Kamath is the Co-founder and CEO of India’s largest Online Stock Brokerage platform Zerodha,
which deals with trade and has daily retail trading turnovers crossing $1 billion.
• Nithin Kamath is also the founder of Rainmatter, A fintech company along with his brother Nikhil Kamath
expanding their Brokerage firm. Rainmatter is a finance platform for startup funds and incubators.
• Nithin Kamath also owns an investment management firm “True Beacon” an advisory for portfolios and
tailored programs and a service market for strategic investors.
• Zerodha’s Nithin Kamath urges feedback to SEBI consultation paper on algo trading platforms.
• Zerodha gets in-principle approval to launch mutual fund.
• Kamath and his family are ranked as the 63rd richest Indians as per the list.
• Kamath his family's net worth rose a whopping 51 per cent to Rs 25,600 crore during last year, according
to the IIFL Wealth Hurun India Rich List 2021.

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AWARDS AND
• HONURS
Emerging Entrepreneur Award:(2014) by the Confederation of Indian Industry (CHI).
• The emerging brokerage firm of the year (2015) by BSE and Dun & Bradstreet.
• The retail brokerage firm of the year 2019.
• Zerodha topped the IIFL Wealth Hurun India 40 & under Self-Made Rich List 2020.
• The Economics Times awarded him with Startup of the year (Bootstrap) 2016 by Economic Times.

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