Nikhil Kamath

Nikhil Kamath cofounded discount brokerage Zerodha in 2010 with his older brother Nithin Kamath. It went on to disrupt the brokerage market in India.

The Bangalore-based Zerodha, has more than seven million active clients, making it one of the largest brokerage firms in the country.

Their venture capital fund and incubator, called Rainmatter, invests in fintech companies and ventures that promote financial inclusion.

Their investment management firm True Beacon is aimed at ultra-high net worth investors and operates on a zero-fee model.

Zerodha revenue took a hit when the stock exchange regulator's tightened rules in November 2024 for futures and options traders. who are the bulk of its customers.