Broking biz is similar to insurance biz, you can lose everything in a day, says Zerodha’s Nithin Kamath

Quick Summary:

Kamath’s comments come a day after Zerodha reported a sharp rise in its net profit as it surged to approximately Rs 4,700 crore, cementing its status as India's most profitable new-age company.

We are building Zerodha Capital and insurance business with Ditto, building AMC with Smallcase.

He also said that the company is looking to diversify revenue streams.“As Zerodha, we are at speed.

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Article Details

Author / Journalist: Nikhil Patwardhan

Category: StartupsEconomyBusiness

Markets: India

Topics: Policy Terms Zerodha Company Business Privacy Revenue Insurance Broking Stock Kamath

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 10:34:56 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22721859

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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