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Nithin Kamath

Nithin Kamath

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]

Nithin Kamath
Born(1979-10-05)5 October 1979(age 38)
Shimoga, Karnataka, India
NationalityIndian
OccupationFounder and CEO of Zerodha
Home townBangalore
Spouse(s)Seema Patil

Early life

Nithin Kamath was born into a Konkani 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]

Personal life

Kamath married Seema Patil in 2008.

[4] He is an avid poker [1] and basketball player, and a martial arts enthusiast. [10]

See also

  • Zerodha

References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-terms for further details.Images/media credited individually (click the icon for details).
Jul 5, 2016, 7:03 PM
[2]
Citation Linkbusiness-standard.com"'Startup diaries'"
Jul 5, 2016, 7:03 PM
[3]
Citation Linkthehindubusinessline.com"'Zerodha: rising stock on the Internet'"
Jul 5, 2016, 7:03 PM
[4]
Citation Linkbusiness-standard.com"'Zerodha shows David can win'"
Jul 5, 2016, 7:03 PM
[5]
Citation Linkarticles.economictimes.indiatimes.com"'Why venture capitalists are flocking Zerodha today'"
Jul 5, 2016, 7:03 PM
[6]
Citation Linkmoneylife.in"MCX-SX says Zerodha offering Rs0 per trade on its own"
Jul 5, 2016, 7:03 PM
[7]
Citation Linkmydigitalfc.com"Discount broking makes a comeback"
Jul 5, 2016, 7:03 PM
[8]
Citation Linklivemint.com"'Sebi refuses to set a minimum fee for discount brokerages'"
Jul 5, 2016, 7:03 PM
[9]
Citation Linkarticles.economictimes.indiatimes.com"Rainmatter invests Rs 2.5 crore in analytics software startup Tradelab"
Jul 5, 2016, 7:03 PM
[10]
Citation Linkthehindubusinessline.com"'A rainmaker for financial technology ideas'"
Jul 5, 2016, 7:03 PM
[11]
Citation Linkarticles.economictimes.indiatimes.com"'How Nithin Kamath turned his online discount broking firm 'Zerodha' into a Rs 20 crore venture'"
Jul 5, 2016, 7:03 PM
[12]
Citation Linkthehindubusinessline.com"'Zerodha makes stock broking pay at Rs.20'"
Jul 5, 2016, 7:03 PM
[13]
Citation Linkthehindubusinessline.com"Use technology to create affordable products, CII chief tells entrepreneurs"
Jul 5, 2016, 7:03 PM
[14]
Citation Linkeconomictimes.indiatimes.com"10 businessmen to watch out for in 2016"
Jul 5, 2016, 7:03 PM