Nithin Kamath, a renowned Indian businessperson, gained recognition as the CEO and co-founder of Zerodha, a prominent online stock brokerage company based in India. Kamath, born on October 5, 1979, in Bengaluru, Karnataka, embarked on his stock market journey early in life. With the objective of providing retail investors with accessible and cost-effective trading opportunities, he established Zerodha in 2010.
Early Life
Nithin Kamath, born on October 5, 1979, in Bengaluru, Karnataka, India, was raised in a middle-class household. He developed a keen interest in the stock market from a young age, while his father pursued a career as a doctor and his mother dedicated her time to homemaking.
Kamath’s interest in trading sparked at the tender age of 14, prompting him to venture into the stock market while still in school. At 17, he made the bold choice to abandon college and wholeheartedly pursue his passion for trading. This pivotal decision marked the commencement of his expedition in the realm of finance.
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Education
Nithin Kamath obtained his Bachelor’s degree in Electronics and Telecommunications from the Bangalore Institute of Technology. His education in technology served as a strong basis for his co-founding of Zerodha, the brokerage firm established in 2010.
Career Highlights
- Early Trading: Began trading at 18 in 1997 while studying at the Bangalore Institute of Technology.
- First Venture: Co-founded Kamath Associates in 2004, a sub-brokerage for Reliance Money, focusing on portfolio advisory and proprietary trading.
- Founding Zerodha: In 2010, he co-founded Zerodha with his brother Nikhil and a small team, aiming to disrupt the brokerage industry with discount broking and innovative technology.
- Success of Zerodha: The firm became one of India’s largest online brokerages, known for its user-friendly platform and low-cost trading model.
- Recognition: Received accolades, including being named one of the “10 Indian businessmen to watch out for” by the Economic Times in 2016.
- Philanthropy: Founded the Rainmatter Foundation to support fintech startups and initiatives focused on financial literacy and climate change.
Age
Nithin Kamath was born on October 5, 1979, which makes him 45 years old as of January 2025.
Family and Parents
Nithin Kamath comes from a family with Raghuram Kamath and Revathi Kamath as his parents. Raghuram, previously an executive at Canara Bank, played a crucial role in supporting Nithin and his brother Nikhil in their entrepreneurial endeavors, even serving as their initial customer. Revathi, on the other hand, is not only a talented veena player but also an advocate for the environment. She placed great importance on holistic education and motivated her sons to partake in strategic activities such as chess to foster their strategic thinking abilities.
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Wife
Nithin Kamath tied the knot with Seema Patil, his spouse who is also associated with the financial industry and holds a position at Zerodha. They exchanged marital vows in 2008. Seema has consistently been a source of support for Nithin in his ambitious endeavors, adding value to the organization’s vision and principles. The couple has a son named Kiaan Kamath.
Net Worth
Nithin Kamath’s net worth is around $4.72 billion as of January 2025, placing him at the 665th position on the global billionaire list and the 40th position in India.
Social Media Presence
Nithin Kamath is active on several social media platforms. Here are his official social media links:
- Twitter (X): @Nithin0dha
- Instagram: @nithinkamath
- Facebook: Nithin Kamath
- LinkedIn: Nithin Kamath
FAQs about Nithin Kamath
Who is Nithin Kamath?
Nithin Kamath is the co-founder and CEO of Zerodha, one of India’s largest online stock brokerage firms, known for its innovative trading solutions and low-cost model.
What is Zerodha?
Zerodha is a discount brokerage firm founded in 2010 that aims to make trading accessible and affordable for retail investors in India. It offers a user-friendly platform with a flat fee structure.
What are Nithin Kamath’s views on the future of the brokerage industry?
Recently, Kamath predicted a challenging year for the brokerage industry in 2025, noting a potential decline in trading activity due to new regulations and market conditions.
Is Nithin Kamath involved in philanthropy?
Yes, he founded the Rainmatter Foundation, which supports initiatives focused on climate change and sustainability, reflecting his commitment to social responsibility alongside his business endeavors.
What are some of Kamath’s investment interests?
Kamath has expressed interest in sustainable businesses and has invested in companies like Akshayakalpa, which focuses on organic milk production, and Two Brothers Organic Farms.
