The Ledger
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Kamath: Zerodha earns less revenue per user than government taxes and fees
“We as a broker end up making lesser revenue as a typical user might pay in security transaction tax, plus the transaction charge that an exchange charges, plus SEBI says, education says, all of that put together.”
Nithin Kamath: Zerodha Has Grown To Approximately 1.1 Crore Customers
“So 2010, we started Zarodha, you know, and, ah it started off as I mean, it was not meant to be what it is today, you know, like, I still remember the first email I had sent, I said, if we can get to 10,000 customers, we have arrived in life, you know, so, we …”