Draft:Nithin Kamath

Nithin Kamath was born and raised in a Konkani family in Shivamogga, Karnataka.{{Cite web |date=2024-04-05 |title=Nikhil Kamath is India's youngest billionaire; Know about his career, education, and net worth. Check out who else is on Forbes' 2024 list |url=https://www.financialexpress.com/life/lifestyle-nikhil-kamath-is-indias-youngest-billionaire-know-about-his-career-education-and-net-worth-check-out-who-else-is-on-forbes-2024-list-3447441/ |access-date=2024-08-07 |website=Financialexpress |language=en}} His father, U.R. Kamath, worked as an executive at Canara Bank, while his mother, Revathi, was a veena teacher. He has a younger brother, Nikhil Kamath, who later became his business partner. The family moved to Bangalore in 1996.

Nithin Kamath started trading in the stock market at the age of 17, managing his father's trading account.{{Cite web |date=2024-05-04 |title='Karma has a way of biting back': Spam calls remind Zerodha's Nithin Kamath of days as call centre worker |url=https://www.businesstoday.in/technology/news/story/karma-has-a-way-of-biting-back-spam-calls-remind-zerodhas-nithin-kamath-of-days-as-call-centre-worker-428285-2024-05-04 |access-date=2024-08-06 |website=Business Today |language=en}}{{Cite web |last=Adajania |first=Kayezad |date=12 August 2021 |title=Financial freedom: Why Zerodha's Nithin Kamath thinks it's all about skill development and not just money management |url=https://www.moneycontrol.com/news/business/personal-finance/financial-freedom-why-zerodhas-nithin-kamath-thinks-its-all-about-skill-development-and-not-just-money-management-7325461.html}}{{Cite web |last=Dua |first=Bhavya |date=14 November 2022 |title=Zerodha's Nithin Kamath's money mantras for the young |url=https://www.moneycontrol.com/news/business/personal-finance/zerodhas-nithin-kamaths-money-mantras-for-the-young-9500391.html}} From January 1997 to January 2004, he worked as a self-employed proprietary trader.{{Cite web |date=2024-03-05 |title=Biography of Nithin Kamath : Founder of Zerodha |url=https://www.werisebyliftingothers.in/2024/03/biography-of-nithin-kamath-founder-of.html |access-date=2024-08-07 |website=We Rise By Lifting Others |language=en}} To supplement his income, he worked as a Senior Tele-sales Associate at a call center from January 2001 to January 2004, trading during the day and working nights.{{Cite news |date=2023-01-26 |title=Meet Nithin Kamath, a call centre worker with an 8k income whose 'Zerodha' is now worth Rs 2,094 crore |url=https://economictimes.indiatimes.com/news/new-updates/meet-nithin-kamath-a-call-centre-worker-with-an-8k-income-whose-zerodha-is-now-worth-rs-2094-crore/articleshow/97343146.cms?from=mdr |access-date=2024-08-07 |work=The Economic Times |issn=0013-0389}}

From January 2004 to January 2010, Nithin worked as a sub-broker for Kamath Associates, a franchise of Reliance Money, providing portfolio advisory services and proprietary trading.{{Cite web |date=30 December 2023 |title=Zerodha CEO Nithin Kamath on his father's role in his journey: 'Biggest cheerleader' |url=https://www.moneycontrol.com/news/trends/zerodha-ceo-nithin-kamath-on-his-fathers-role-in-his-journey-biggest-cheerleader-11976831.html}}

In 2010, at the age of 30, Nithin Kamath founded Zerodha along with his brother Nikhil Kamath. The company introduced a discount broking model in India, charging a flat fee of ₹20 per trade regardless of its size, disrupting the traditional percentage-based fee structure.{{Cite web |title=The Curious Case Study Of Zerodha's Blue Ocean Strategy |url=https://www.forbesindia.com/article/bharatiya-vidya-bhavan039s-spjimr/the-curious-case-study-of-zerodhas-blue-ocean-strategy/77457/1 |access-date=2024-08-06 |website=Forbes India |language=en}}

Zerodha grew rapidly without relying on traditional advertising or venture capital funding.{{Cite web |date=2021-01-14 |title=Nithin Kamath on how Zerodha grew without advertising, fund-raising – CNBC TV18 |url=https://www.cnbctv18.com/market/nithin-kamath-on-how-zerodha-grew-without-advertising-fund-raising-7997771.htm |access-date=2024-08-06 |website=CNBCTV18 |language=en}} By 2020, the company became a unicorn startup with a self-assessed valuation of about $1 billion.{{Cite web |last=Bhalla |first=Kritti |date=2020-06-22 |title=Zerodha Claims Unicorn Valuation In ESOPs Buyback Plan |url=https://inc42.com/buzz/zerodha-claims-unicorn-valuation-in-esops-buyback-plan/ |access-date=2024-08-06 |website=Inc42 Media |language=en}}{{Cite web |title=INTERVIEW: Zerodha founder defends the 'self-valuation' of nearly a billion dollars⁠ — and why he never raised funds from investors {{!}} Business Insider India |url=https://www.businessinsider.in/business/startups/news/zerodha-founder-defends-the-self-valuation-of-nearly-a-billion-dollars-and-why-he-never-raised-funds-from-investors/articleshow/76991607.cms |access-date=2024-08-07 |website=Business Insider |language=en}}{{Cite web |title=Comma, Semicolon And Colon: Decoding The Grammar Of India's Billion-dollar Startup Behemoths |url=https://www.forbesindia.com/article/startups/comma-semicolon-and-colon-decoding-the-grammar-of-indias-billiondollar-startup-behemoths/70099/1 |access-date=2024-08-07 |website=Forbes India |language=en}}

In 2015, he founded Rainmatter, a fintech fund and incubator that supports innovative Indian startups focusing on financial technology.{{Cite web|url=https://www.moneycontrol.com/news/business/zerodha-sets-up-non-profit-organisation-rainmatter-foundation-for-climate-change-6332301.html|title=Zerodha sets up non-profit organisation Rainmatter Foundation for climate change}} He also co-founded True Beacon, an investment management firm, with his brother Nikhil.{{Cite web |title=Nithin and Nikhil Kamath & family |url=https://www.forbes.com/profile/nithin-and-nikhil-kamath/ |access-date=2024-08-06 |website=Forbes |language=en}}

• Top 10 Businessmen in India by The Economic Times (2016){{Cite web |title=10 businessmen to watch out for in 2016 |url=https://economictimes.indiatimes.com/biz-entrepreneurship/10-businessmen-to-watch-out-for-in-2016/6-nithin-kamath-ceo-zerodha/slideshow/50388294.cms |access-date=2024-08-06 |website=The Economic Times}}
• Forbes India Leadership Award (2019)
• Startup of the Year (Bootstrap) by Economic Times (2016){{Cite news |date=2016-08-08 |title=ET Startup Awards 2016: How the Bootstrap Champ Zerodha is taking investment to the masses |url=https://economictimes.indiatimes.com/small-biz/startups/et-startup-awards-2016-how-the-bootstrap-champ-zerodha-is-taking-investment-to-the-masses/articleshow/53590223.cms?from=mdr |access-date=2024-08-06 |work=The Economic Times |issn=0013-0389}}
• Emerging Entrepreneur Award by Confederation of Indian Industry (CII) (2014)

Nithin Kamath married Seema Patil in 2008{{Cite web |date=2024-04-08 |title='He Joked For Me': Zerodha CEO Nithin Kamath's Wife Seema Patil Recalls Battle With Cancer |url=https://www.timesnownews.com/india/he-joked-for-me-zerodha-ceo-nithin-kamaths-wife-seema-patil-recalls-battle-with-cancer-article-109135791 |access-date=2024-08-06 |website=Times Now |language=en}}. They have a son named Kiaan.{{Cite web |last=Sengupta |first=Ankita |date=6 February 2023 |title=Zerodha CEO Nithin Kamath's son, mother perform Carnatic music on stage. Watch |url=https://www.moneycontrol.com/news/trends/zerodha-ceo-nithin-kamaths-son-mother-perform-carnatic-music-together-on-stage-watch-10016541.html}}

{{DEFAULTSORT:Kamath, Nithin}}

{{Draft categories|

:Category:Living people

:Category:1979 births

:Category:Indian businesspeople

:Category:Indian founders

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