Business Standard

Tuesday, December 24, 2024 | 12:48 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Top stock broking firm Zerodha takes climate change fight to grass roots

What sets its dedicated fund apart is that it doesn't back large greenfield projects but offers grants to early-stage innovation in areas like renewable energy and sustainable farming

Nithin Kamath, co-founder CEO, Zerodha (left), and Sameer Shisodia, CEO, Rainmatter Foundation
Premium

Nithin Kamath, co-founder CEO, Zerodha (left), and Sameer Shisodia, CEO, Rainmatter Foundation

Yuvraj Malik New Delhi
The Kamath brothers, Nithin and Nikhil, are storied business elite. Their firm Zerodha has catapulted to become the largest stock broking platform, going past traditional brokers such as ICICI or IIFL. The Kamaths are now top of the list of self-made billionaires with a combined wealth of Rs 24,000 crore, all from a business that has never raised external capital.

But there is more that puts them apart from the regular tycoons. The founders profess that businesses have a debt to the society, and must direct their wealth at philanthropic causes, particularly the environment--not just as CSR grants, but as

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in