2/13/2023 0 Comments Zerodha piZerodha won the Bootstrap Champ award at the 2016 Economic Times Startup Awards, and the NSE Retail Broker of the Year in 2018. Zerodha won the BSE- Dun & Bradstreet Emerging Equity Broking House award in 20. Some notable investments include Smallcase and ERPNext. Zerodha backs Rainmatter, an early-stage venture fund, which typically invests in technology-focused product companies. A separate but wholly-owned entity, Zerodha Commodities, facilitates commodity trading for registered customers. Services ĭelivery trades in equity are free of cost however, for intraday trades of any size, a flat fee of ₹20 or 0.03% (whichever is lower) per executed order is charged across all segments (i.e., across NSE, BSE, MCX, NCDEX and currency). With an active client base of 5 million users, Zerodha is the largest retail stockbroker in India, contributing more than 15% of daily retail volumes across all Indian stock exchanges. In June 2020, Zerodha attained a self-assessed valuation of over $1 billion based on ESOP buyback at more than four times the book value of ₹700 per share. The name Zerodha is a portmanteau of words Zero and Rodha (Sanskrit word for barrier). Zerodha was founded in 2010 by Nithin Kamath and Nikhil Kamath.
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