Zerodha valued at ₹30,000 cr, aims to grow 10-15% in long term: Nithin Kamath
Kamath says that the company's focus has always been on building on resilient business, thus meaning never having to rely on external capital.
Kamath says that the company's focus has always been on building on resilient business, thus meaning never having to rely on external capital.
In a cash-burning start-up frenzy in India, Nithin and Nikhil Kamath have shown how to build a highly profitable bootstrapped company with a focus on what is right for the customer.
Nazara Technologies shares hit a 52-week high of ₹854 apiece on the National Stock Exchange (NSE).
The Giving Pledge is founded by ace investor Warren Buffet, Melinda French Gates and Bill Gates and has 241 pledgers from 29 countries.
He estimates that there are some 50 lakh temples which have a micro-economy of their own as they employ and feed people, and are not considered, and there are many micro-economies such as this.
The Kamath brothers’ broking venture is a case study of how new-age tech businesses can achieve scale — profitably.
The YIPP members (who are contributing anywhere between 1% and 25% of their personal wealth towards philanthropy) are putting their start-up learnings in the philanthropy world.
As fixed deposit rates are at a historic low, savvy investors could look at other high-return investment alternatives, including the equity markets, says Zerodha’s Nikhil Kamath.
What happens when an IPO frenzy sucks out $3.7 billion (₹27,417 crore) in just six months? The answer, according to Nikhil Kamath, co-founder, Zerodha and True Beacon, is—collateral damage.
'I don’t know what is moving the market. The news is bad; the fundamentals are bad. People are buying because the markets are going up...'