Zerodha co-founder and CEO Nithin Kamath has said that he suffered a mild stroke about six weeks ago, announcing it on social media site X, mentioning that he felt "slightly broken"
Zerodha Co-Founder and CEO Nithin Kamath on Monday disclosed that he suffered a "mild stroke" six weeks ago. "Around 6 weeks ago, I had a mild stroke out of the blue. Dad passing away, poor sleep, exhaustion, dehydration, and overworking out -- any of these could be possible reasons," he revealed in a post on X. While disclosing about his health, Kamath said he had noticed his face drooping and struggled with reading and writing. He expects full recovery in 3-6 months. "I've gone from having a big droop in the face and not being able to read or write to having a slight droop but being able to read and write more. From being absent-minded to more present-minded. So, 3 to 6 months for full recovery," he said. He further said, "I wondered why a person who's fit and takes care of himself could be affected. The doctor said you need to know when you need to shift the gears down a bit. Slightly broken, but still getting my treadmill count". Nithin, along with his brother Nikhil Kamath, .
The term "pig butchering" refers to the process of fattening the victim emotionally before ultimately deceiving them financially
Zerodha users encounter difficulties with account access and order placement, highlighting ongoing glitches; the company says that the problem has been resolved
The fundraise is part of the company's planned fundraising of Rs 750 crore that was announced earlier in financial year 24
Commerce and Industry Minister Piyush Goyal will hold discussions with senior representatives of 40 unicorn startups like Lenskart, Zerodha, and Boat here on Wednesday, an official said. Issues which will figure in the deliberations include ways to further promote sustainable growth of the sector, risks, domestic capital mobilisation and position India on the global startup landscape, the official said. Startup firms valued over USD 1 billion are categorised as unicorns. "Unicorns from different sectors and cities will be there. The sectors which would see participation include fintech, e-commerce and logistics," the official added. The other firms who would attend the meeting include CarDekho, and EasyMy Trip. The government has taken a series of steps to promote the startup ecosystem in the country. Over 1.17 lakh startups are recognised by the government. They are eligible to seek certain tax incentives. The Startup India initiative was launched by the Prime Minister Narendra
Global investors face the risk of losing out if they arrive too late in India, which is the "coolest party in town", discount brokerage Zerodha Co-Founder & CFO, Nikhil Kamath, said on Wednesday. In his address at the Vibrant Gujarat Global Summit here, Kamath said in the last decade, India's entrepreneurship has evolved and the startup ecosystem has prospered under the vision and leadership of Prime Minister Narendra Modi. "... to all the foreign investors here, India is seemingly looking like the coolest party in town. I think what you need to be aware of is if you arrive too late, you might not get in," Kamath remarked. The big change in India in the last decade has been that entrepreneurship has moved from something that was only aspired or watched in movies to everyone "actively trying" for it. "The last ten years have been incredible and I'm not the only exception here in India. There are many other exceptions like me, we all hang out. We call this the startup ecosystem of ..
Vibrant Gujarat Global Summit: Nikhil Kamath is among the host of entrepreneurs, including business tycoons Gautam Adani and Mukesh Ambani, who addressed Gujarat's key investment summit on Wednesday
Kamath said that he was excited to join the council and that India needs to unlock its domestic capital to nurture startups
Nandan Nilekani, co-founder of Infosys, K P Singh, chairman emeritus at DLF, and Nikhil Kamath, co-founder of Zerodha, have been named on the 17th edition of Forbes Asia's Heroes of Philanthropy list released on Thursday. The unranked list "highlights business leaders who are donating from their fortunes and giving personal time and attention to their select causes", Forbes said in a press release. The annual list, which spotlights 15 philanthropists, does not include corporate philanthropy except for privately-held companies where the individual is a majority owner. Nandan Nilekani, co-founder and chairman of tech giant Infosys, have made it to the list for donating Rs 3.2 billion (USD 38 million) to his alma mater IIT Bombay in June, Forbes said, adding that the gift will be made over a period of five years. This was to mark his 50-year association with the technology institute, where he studied electrical engineering as an undergraduate. Since 1999, Nilekani has given Rs 4 bill
The sports tech firm said that top athletes have used Matchday's technology to improve their game and the company will now bring this to everyday players
Investors overweight on small- and mid-cap funds may consider booking profits there and allocating to these funds
A few days ago, the brokerage platform experienced similar problems with its order book
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Bootstrapping has put Nithin Kamath of Zerodha in a position where he can trifle with talk about valuation
The two funds will be open-ended, passive and index equity mutual fund schemes. The two will be benchmarked against the Nifty LargeMidcap 250 Index TRI (total returns index).
Traders must look for a platform that is robust and cost effective
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The platform has closed $11 million in its Pre-Series B round from Rainmatter Capital (Zerodha's investment arm) and Gruhas (venture capital fund co-founded by Nikhil Kamath and Abhijeet Pai)
Zerodha remains the most profitable brokerage, clocked net profit of Rs 2,907 cr in FY23