Zerodha
Indian financial services company
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| October 15 2024 | Zerodha launched the FLOSS Fund, committing up to $1 million annually to support Free/Libre and Open Source software projects globally, aiming to provide financial backing to developers and open-source communities. |
| October 2023 | Zerodha launched Zerodha Fund House, an asset management company, in partnership with Smallcase. The fund house focused on index funds and offered only direct plans with no commissions to distributors. |
| December 31 2022 | By the end of 2022, Zerodha's customer base had grown to nearly 10 million. |
| 2020 | Zerodha applied for a licence to establish an AMC mutual fund in India. |
| November 2020 | Zerodha experienced a significant technical issue on its Kite platform, with traders unable to log in. The company acknowledged the problem publicly after multiple users reported login difficulties and complained on social media platforms like Twitter. |
| June 2020 | Zerodha achieved 'unicorn' status with a self-assigned valuation of around $1 billion through an ESOP buyback. At this time, the company had approximately 1.3 million customers. |
| 2019 | Zerodha launched True Beacon, an alternative investment fund (AIF) focused on a defensive investment strategy, expanding its financial product offerings. |
| 2019 | Zerodha became the largest retail stockbroker in India by active client base, overtaking ICICI Securities and contributing up to 2% of daily retail volumes on Indian stock exchanges. |
| August 2010 | Zerodha was founded by brothers Nithin and Nikhil Kamath in August, with the company name combining 'zero' and a Sanskrit word meaning 'barrier'. |
This contents of the box above is based on material from the Wikipedia article Zerodha, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.