Nithin Kamath is an Indian entrepreneur, stockbroker, and investor. He is the co-founder and CEO of ‘Zerodha,’ a financial services company in India.
Nithin Kamath was born on Friday, 5 October 1979 (age 41 years; as of 2020) in Shimoga, Karnataka. His zodiac sign is Libra. He studied engineering at the Bangalore Institute of Technology, Bengaluru, Karnataka.
He was born in a Gaud Saraswat Brahmin Hindu family.
His father’s name is Raghuram Kamath. He is retired from Canara Bank, and his mother, Revathi Kamath, works as an environmentalist and is a Veena player. His younger brother, Nikhil Kamath, is the co-founder of Zerodha Company. In 2008, he got married to Seema Patil whom he met while he was working in a call center. The couple is blessed with a son named Kiaan.
In March 2022, he revealed that his wife had been diagnosed with breast cancer.
In January 1997, he started working as a freelancing proprietary trader in Bangalore while he was pursuing his graduation. He also worked as a senior telesales executive at Manipal Infocom in Bangalore. In 2004, Nithin started Kamath Associates, and after almost 11 years, he started working as a CEO at Rainmatters which is an initiative of his company Zerodha, a brokerage firm, started in 2010 by Nithin and his brother Nikhil. In an interview, he talked about getting his first break as an investor. He said, Then, in 2004, I got my first big break while I was at the gym. A retired person of Indian origin, who had returned from the US, wanted advice on managing his portfolio, and he agreed to take me on as his portfolio manager, never mind that I had no professional degree to back me up. Today, Zerodha is the largest retail brokerage firm in India by all measures and one of the largest retail trading platforms in the world by activity. We have achieved this without ever advertising, or raising any external capital or debt. We focused on innovative products and services, and it took us a slow and steady 10 years along with a lot of luck.”
He has been awarded with:
- Emerging Entrepreneur Award (2014) by the Confederation of Indian Industry (CII)
- The emerging brokerage firm of the year (2014) by BSE and Dun & Bradstreet
- The emerging brokerage firm of the year (2015) by BSE and Dun & Bradstreet
- Top 10 Indian businessmen to watch out for in 2016
- Ranked in the list of Forbes India 30 under 30, Finance in 2016
- The Economics Times awarded him with Startup of the year (Bootstrap) in 2016 by Economic Times
- The retail brokerage firm of the year 2019
- Zerodha topped the IIFL Wealth Hurun India 40 & under Self-Made Rich List 2020
In an interview, he shared the goal he had while he was starting his career, he said, “When I first started trading, my number was Rs 5 crore. I used to say that once I make that amount, I’ll retire, go to Thailand and live by the beach. Today, I can add like three zeroes to it and I still won’t stop.”Nithin has been featured in various renowned business magazines too.
Picture Credits – https://wikibio.in/nithin-kamath/
