Zerodha
Market Data Current As Of: September 12, 2026
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Zerodha
Compare market positioning with top industry peers
Explore Zerodha
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 2010 in Bengaluru, Karnataka, India
Nithin Kamath and Nikhil Kamath launch Zerodha with a small team in Bengaluru, introducing India's first flat-fee ₹20 discount brokerage model on the NSE.
Under CTO Kailash Nadh, Zerodha deploys Kite, replacing third-party terminal software (Omnesys NEST) with a lightning-fast, web-first trading interface.
Zerodha abolishes all brokerage commissions on long-term equity delivery investments, setting brokerage permanently to ₹0 for long-term retail wealth creation.
Establishes Rainmatter, a startup incubator investing proprietary profits into mission-driven Indian fintech, climate, and health ventures (smallcase, Sensibull, Ditto).
Introduces Coin, allowing retail investors to purchase direct-plan mutual funds directly into their demat accounts without paying commissions to third-party distributors.
Surpasses legacy banking giants ICICI Securities and HDFC Securities to become the number-one retail stockbroker in India by active NSE client count.
Executes an employee stock option (ESOP) liquidity buyback valuing the bootstrapped company at $1 billion, distributing hundreds of crores to core staff.
Secures final SEBI regulatory approval and launches Zerodha Fund House in a 50:50 joint venture with smallcase, issuing pure passive index funds.
Crosses 10 million active client accounts while generating over ₹2,900 crore in annual profit after tax, cementing its status as India's most profitable fintech.
Deepened strategic investment and partnered to create Zerodha Fund House, a 50:50 joint venture asset management company dedicated to building low-cost passive index funds and ETFs for Indian retail investors.
Financed and integrated Sensibull, India's largest options trading platform, providing retail derivatives traders with visual options payoff graphs, Greeks calculators, and automated risk management.
Incubated and capitalized Ditto Insurance via Rainmatter to build a zero-spam, advisory-first term life and health insurance consultation platform.
Since its establishment in 2010, Zerodha expanded from an early-stage venture into a recognized leader in FinTech, Retail Stock Broking, Wealth Management & Capital Markets, overcoming key market challenges.
Over its history, Zerodha executed decisive strategic pivots toward scalable monetization and digital distribution, securing its current market leadership.
By continually modernizing operations and embracing workflow automation, Zerodha maintains resilience through changing technological and economic cycles.