Zerodha co-founder Nikhil Kamath
When he didn’t like traditional studies, he started playing chess. At the age of 14 started buying and selling old phones with a friend. When the mother heard about it, that business was also closed.
New Delhi. Don’t feel like studying, started playing chess, started buying and selling old telephones with a friend at the age of 14, when the mother got to know it, that business also stopped. After this, when the school stopped giving exams, he left the school and started a job in the call center after 8,000 months.
Owner of a brokerage firm After this, he started the brokerage firm Zerodha with his older brother Nitin Kamath and became the youngest billionaire in the country. That’s the story of Nikhil Kamat, the co-founder of Zerodha, the country’s largest online brokerage firm.
Nikhil Kamat has shared his life story with Humans of Bombay. Started buying and selling old phones at the age of 14In an interview with Humans of Bombay, Nikhil Kamat said that his father used to work at a bank and that his transfer was to Bengaluru.
Nikhil had no interest in the traditional studies of the school, so he played chess by caging the school. At the age of 14, Nikhil started buying and selling old telephones with a friend. This was his first act. But when the mother found out about this, she flushed all the phones on Twitter and shut down her business.
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The board was in favor of not taking Nikhil because of the low turnout for the exam and therefore called his parents to school. Nikhil left school for this. About this his parents said – do not do work, so we should be ashamed.
After he left school, he had no idea what to do next. Worked in call center making fake certificate Later, by making a false birth certificate, at the age of 17, joined a call center for a salary of 8,000 rupees.
He worked in call centers from 4:00 pm to 1:00 pm. During this time, at the age of 18, he first invested money in the stock market. During this time he has learned a lot. The father gave him some money and asked him to manage it. The father had great faith in Nikhil.
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After this, Nikhil persuaded the call center manager to invest in the stock market and also started investing the manager’s money in the market. Nikhil Kamat said that in his senior year in the call center, he never went to the office for a single day and that he was also rewarded with salary because by then he was investing his entire team’s money in the market and making good returns. for everyone.
In 2010 he quit his job and started Zerodha together with his older brother. He said that even after he became a billionaire, there has been no change in him.
They still work 85% of the time and remain insured. Let us know that Nikhil Kamat also started the asset management company True Beacon with his older brother. In 2020 Forbes included these two brothers in the list of the 100 richest people in India.