Nithin Kamath is the Founder and Chief Executive Officer of Zerodha. He began trading stocks when he was introduced to the markets by his friends at just 17. He started trading in penny stocks. He had accumulated quite a bit of money by the time he finished his engineering degree from the Bangalore Institute of Technology.
He then lost it all - Rs 5 lakh - between 2001 and 2002 when the markets crashed. Undeterred, he began working at a call centre during the night while he traded stocks in the day to build up his trading capital.
This went on for a couple of years until he met an American HNI who gave him a cheque and asked Nithin to manage his money. Eventually, he started his brokerage Kamath & Associates and became a sub-broker for Reliance Money in 2006.
In one of the biggest gamble of his life, Nithin started Zerodha in the middle of a trading lull in 2010.
