Nikhil Kamath
Famous Indian businessman, Entrepreneur, trader, and investor Nikhil Kamath co-founded the financial services firm Zerodha.
He was born in Shimoga, Karnataka, on September 5th, 1986.
He left school after finishing class 10 and is now a dropout.
Nikhil Kamath Wikipedia/Biography/Wiki/Bio
| Category | Information |
| Full Name | Nikhil Kamath |
| Nickname | Nikhil, Nik |
| Date of Birth | September 5, 1986 |
| Age | 37 years |
| Birthplace | Shimoga, Karnataka, India |
| Nationality | Indian |
| Profession | Entrepreneur, Trader, Investor & Businessman |
| Zodiac sign / Sun sign | Virgo |
| Famous For | Co-founder of Zerodha |
| School | Oxford Senior Secondary School in JP Nagar, Bangalore |
| College | Update Soon |
| Educational Qualifications | Update Soon |
| Debut | Zerodha |
| Father Name | Raghuram Kamath |
| Mother Name | Revathi Kamath |
| Brother Name | Nithin Kamath |
| Girlfriend Name | Amanda Puravankara |
| Marital Status | Now Divorce |
| Physical Statistics | |
| Weight | Kilograms – 55 Kg Pounds – 121 lbs |
| Height | Centimeters – 175 cm Inches – 5 ft 9 Meter – 1.75 m |
| Shoe Size | 9UK |
| Hair Color | Black |
| Eye Color | Dark Brown |
Nikhil Kamath Age
Nikhil was born on September 5, 1986, in Shimoga, Karnataka.
So, Nikhil Kamath age on September 2023, will be 37 years.
Nikhil Kamath Wife
In Florence, Italy, in April 2019, Nikhil Kamath wed Amanda Puravankara, a director of Provident Housing Ltd in Bangalore.
He has been in a relationship with Miss India 2017 Manushi Chhillar since 2021.
Nikhil Kamath Family
Nikhil Lives with his Father name Raghuram Kamath Retire Employee of Canara Bank and his mother name Revathi Kamath is an environmentalist and a Veena player.
His brother Nithin Kamath, and Sister.
Career and Struggle
Throughout his time in school, Nikhil Kamath showed little interest in his studies and only found maths enjoyable.
He started selling used phones when he was 14 years old, but his mother ordered him to stop.
He began working at a contact center at the age of 17 for an hourly wage of Rs. 8000.
He even created a bogus birth certificate, according to some accounts, since the job required applicants to be at least 18 years old.
He traded stocks in the morning and worked at the call center from 4 p.m. until 1 a.m.
He moved out of his parent’s home at this time and in with his girlfriend.
“I learned a lot; when you move away from the family ecosystem and the judgment of relatives, you get down to the real stuff,” he stated in response to a question about leaving his family’s ecosystem.
Nikhil Kamath
After learning how to trade stocks, Nikhil Kamath began handling his father’s savings.
Then, after persuading his manager at the call center to let him manage his money, the manager marked him present and gave him additional incentives.
He left his position at the call center in 2004 and co-founded Kamath Associates, a stock trading company, with his brother.
The trading platform Zerodha, which is a combination of the words “Zero” and “Rodha” (Rodha is a Sanskrit word for barrier), was founded by both brothers after approximately four years.
India’s largest retail stockbroker in terms of active clientele is Zerodha, which has offices in all of the country’s main cities and is headquartered in Bangalore.
They launched True Beacon 2019, an alternative investment fund, and in its first year, it produced 25% greater returns than NIFTY.
Zerodha became India’s largest trading platform during the COVID-19 closure as its user base grew by 100% per month.
Zerodha handles more than 5 million orders worth more than $1 billion each day, or 15% of India’s daily equities activity, according to statistics from 2021.
With a capital of Rs. 50 crores, Nikhil and his brother founded the hedge fund Rainmatter in 2014 to provide funding for tech start-ups.
Every investment they dealt with had to fall under their rule that it couldn’t exceed $1 million.
They invested in companies like Digio, Learnapp, Finception, Smallcase, Sensibull, and Quicko, among others.
In order to make investments in the Alternative Investment Fund (AIF) market, the Kamath brothers founded the asset management firm True Beacon in 2019.
In preparation for 2020, Zerodha is establishing a mutual fund-based AMC.
Nikhil Kamath Net Worth
Forbes estimates Nikhil Kamath’s net worth at US $3.45 billion (INR 284 billion).
According to reports, both brothers earn around INR 100 crore.
INR 4.16 crores is the base salary; INR 2 crores is the housing rent; INR 1.6 crores is the other perks; and INR 41 lakhs is the extra allowance.
Conclusion
Nikhil Kamath’s transformation from a small-town youngster to a successful entrepreneur demonstrates the value of hard effort, determination, and a clear vision.
His influence on the Indian fintech industry, as well as his commitment to making investment accessible to all, will continue to inspire future generations.
People Also Ask
Who is Nikhil Kamath?
Nikhil is a businessman, Young Entrepreneur trader, and investor from India. He is well-known for co-founding ‘Zerodha,’ a financial services firm.
When was Nikhil Kamath born?
In Shimoga, Karnataka, Nikhil was born on September 5, 1986 (he will be 36 years old in 2022).
What is Nikhil-Kamath famous for?
Nikhil is well-known for being a co-founder of the financial services firm “Zerodha.” Additionally, he is an effective stock trader and investor.
What is the story behind the name ‘Zerodha’?
The terms “Zero” and “Rodha,” both of which are Sanskrit words for barriers, are combined to form the name “Zerodha.”
What are the services offered by Zerodha?
Bonds, mutual funds, commodities trading, and institutional and retail broking are all available through Zerodha.
What is True Beacon?
Nikhil and his brother Nithin Kamath founded the hedge fund Rainmatter in 2014 to provide funding for tech start-ups.
What awards has Nikhil Kamath won?
Nikhil has received numerous honors for his accomplishments, including the World Consulting and Research Corporation’s India’s 21 Young Guns, Forbes India’s 30 Under 30, Business World Magazine’s Hottest Entrepreneur of the Year, Ritz Magazine’s Top Young Entrepreneur, and Entrepreneur’s 35 Under 35.
Who is Nikhil Kamath currently dating?
As of 2023, Manushi Chhillar, the 2017 Miss India winner, is supposedly dating Nikhil Kamath.
What is the controversy surrounding Nikhil Kamath’s participation in a charity chess game?
Nikhil Kamath played in a charity match against Indian grandmaster Vishwanathan Anand in June 2021, but he was caught cheating. He tweeted an apology for his actions following the game.