know Zerodha Co founder Nikhil kamath Success Story

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When he did not feel like studying, he started playing chess, started the business of buying and selling old phones with a friend at the age of 14, when his mother came to know, 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 8000 months.

owner of a brokerage firm

After this, along with his elder brother Nitin Kamat, started the brokerage firm Zerodha and became the youngest billionaire in the country.

Such is 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 14

In an interview to Humans of Bombay, Nikhil Kamat said that his father used to work in a bank and was transferred to Bangalore.

Nikhil did not like the traditional studies of the school, because of this he used to bunk the school and play chess.

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At the age of 14, Nikhil started buying and selling old phones with a friend.

This was his first business.

But when the mother came to know about this, she flushed all the phones in the toilet and her business was closed.

This decision was taken before the board exam

Due to low attendance before the board exam, the school was in favor of not giving the exam to Nikhil and hence called his parents to the school.

Nikhil left the school on this.

On this his parents said- Don’t do any work that will make us ashamed.

He had no idea what to do next after being dropped out of school.

Worked in call center by making fake certificate

Later, at the age of 17, after making a fake birth certificate, joined a job in a call center at a salary of Rs 8000.

He used to work in the call center from 4 pm to 1 pm.

During this, at the age of 18, he invested money in the stock market for the first time.

During this he got to learn a lot.

The father gave him some money and told him to manage it.

Father had great faith in Nikhil.

Such is the beginning of Zerodha…

After this Nikhil persuaded the manager of the call center to invest in the stock market and also started investing the manager’s money in the market.

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Nikhil Kamat told that in his last year in the call center, he did not go to office even for a day and he kept getting incentives along with salary, because till that time he was investing his entire team’s money in the market and giving good returns to everyone.

In 2010, he quit his job and started Zerodha with his elder brother.

He said that even after becoming a billionaire, there has been no change in him.

They still work 85% of the day and are insecure.

Let us tell you that Nikhil Kamat along with his elder brother has also started the asset management company True Beacon.

Forbes included these two brothers in the list of 100 richest people in India in 2022.

know Zerodha Co founder Nikhil kamath Success Story

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