zerodha

zerodha CEO Nithin Kamath revealed he avoids banking apps due to their invasive permissions, questioning why they need access to SMS, contacts, and calls. He highlighted the Principle of Least Privilege, stating apps should only access necessary data. In contrast, zerodha's Kite app requests zero permissions, a deliberate choice reflecting their 'do unto others' philosophy, fostering user trust.

zerodha's glitch led to significant monetary losses. User Rashshad Rasheed threatened legal action. Another user lost 2.1 Lakhs, mentioning switching costs (marketing 101), and another lost 10L due to a 1.5-hour delay. zerodha responded on X, stating the issue was fixed and they're working on updates for older orders, addressing traders' concerns.

Indian online brokerage platform zerodha and IIFL faced a second outage, causing disruptions for users unable to place orders. Users expressed frustration during a crucial market session.

zerodha is warning its users about fake WhatsApp and Telegram groups used for scams. Fraudsters lure individuals with promises of financial advice, webinars, and stock tips using zerodha's name. The company has posted alerts on X and advises users to report any suspicious accounts or groups impersonating zerodha on social media platforms.

zerodha experienced another outage due to a connectivity issue at BSE, causing inconvenience to users. Traders voiced concerns about losses incurred during the downtime. The company has since resolved the issue and is working with the exchange to address the situation.

Indian online brokerage platform zerodha faced a technical glitch causing outage on Kite Web. Downdetector reported the issue starting at 8:30 am, peaking at 9:45 am.

zerodha Fund House, a joint venture between zerodha and smallcase, witnessed substantial growth with its Assets Under Management (AUM) surging Rs 500 crore in just 40 days, taking the total tally to cross Rs 1,000-crore mark. The fund house touched the asset base of Rs 500 crore on February 15 and first Rs 500 crore in AUM was added in over 3 months.

zerodha may soon charge for equity delivery trades, a service long free, following a 40% drop in Q2 FY2025 brokerage revenue. CEO Nithin Kamath attributed this decline to regulatory changes like increased STT and reduced options expiries, necessitating a business model pivot despite the company's strong financial health.

zerodha CEO Nithin Kamath drew parallels between his firm's journey and Nvidia's, emphasizing the significance of timing and perseverance. Starting with a modest ₹10 lakh investment, zerodha leveraged free infrastructure and focused on customer-centric policies like 'no spam, no tracking'. Kamath attributes zerodha's success to being in the right place at the right time, coinciding with India's economic rise.

Nithin Kamath, CEO of zerodha, warns users about a new financial fraud scam involving fake zerodha employee credentials. Scammers create fake zerodha employee ID cards and promise substantial returns to targeted customers. They convince victims to transfer a registration fee of Rs 1.8 lakh for a promised return of Rs 5 crore. The fraudsters even provide fabricated zerodha bank statements to gain the victim's trust. Kamath urges people to be cautious of individuals claiming to represent large companies and to question the authenticity of any document shown.

zerodha CEO Nithin Kamath stated that he wouldn't launch the online trading platform in 2025 due to market saturation. He suggests building a brokerage with a unique value proposition, like premium research, even with fewer customers. Kamath also advised investors to take a break from trading during volatile periods to maintain mental clarity and optimize performance.

zerodha founders and directors, Nithin and Nikhil Kamath, took home Rs 72 crore each as their annual remuneration in FY22. The company's board approved a remuneration of up to Rs 100 crore each for three directors. zerodha's employee benefits cost surged 35.7% to Rs 623 crore in FY23. The company's valuation is now $3.6 billion. Nikhil Kamath recently became India's youngest billionaire at 37, and the Kamath brothers were ranked 40th on Forbes' list of India's richest people with a combined net worth of $5.5 billion.

zerodha introduces Privacy Mode on its trading platform, Kite, to help users secure sensitive information and discourage overtrading. The feature hides real-time Profit and Loss updates, account balance, and order details. This measure aims to promote disciplined trading by focusing traders on their strategies, avoiding the emotional toll of constant market monitoring.

zerodha CEO Nithin Kamath humorously revealed his credit score of 747, finding himself ineligible for CRED, Kunal Shah's exclusive credit rewards platform. The revelation sparked online discussions about credit score requirements and accessibility. Shah responded, offering assistance and highlighting the importance of credit score awareness, prompting varied reactions from users.

zerodha Asset Management was fined by the Ministry of Corporate Affairs for not appointing a CFO on time, violating Section 203 of the Companies Act. The firm admitted to the lapse, operating without a CFO from December 2021 to March 2023, leading to penalties totaling Rs 5 lakh. The company is appealing the decision.

zerodha, an Indian online brokerage platform, faced a temporary disruption. This happened on Wednesday morning. The glitch impacted price updates on the Kite trading app. Users reported issues with order placement. Downdetector showed many users faced trading problems. zerodha acknowledged the issue and later confirmed resolution. Users expressed frustration on X, demanding accountability for such outages.

zerodha CEO Nithin Kamath has issued a warning about prevalent stock market scams operating through WhatsApp and Telegram. Scammers lure users into fake groups with promises of high returns, using fake logos and SEBI registration numbers. Victims are shown imaginary profits but are then asked to pay fees to withdraw funds, after which the scammers disappear.