“Life is a complete circle”: Nithin Kamath is investing in the company that helped the CEO Zerodha in its early days

Zerod from Nithin Kamat has made a new investment at Capitalmind Financial Services, a portfolio management company registered by Deepak Shenoy. This financing comes across Rainmatter, where the Zerodha investment arm has in the long term focused on supporting innovative financial projects.

Announcing the development of X, the CEO of Zerodha Nithin Kamath reflected how things appear completely. “From the surrealists sometimes how life comes a complete circle,” he wrote.

“Deepak Shinoy was among the first people to talk to them about the idea of Zerodha. When we started, he agreed to present his credibility by owning his name on our website as a consultant.” Kamt added that he was happy to support the Shenoy project via Rainmatter while sharing a photo with Senoy.

DeBak Shinoy remembers, in response to the participation of Kaath, those first days with pride. “Thank you very much, Natin! I can’t even believe that at one time, I had credibility to give her to Zeroda!” books. “I remember carrying the early Zerodha forms in my dialect in Hyundai in Gurgown – I tell people about the amount of mediation they will provide.”

SHENOY wallet management company recently obtained a joint box license. This investment represents the company’s first institutional financing round. Talk to MoneycontrolShinoy noticed that the two companies had a long -term relationship.

He said: “We have known each other for years and made many conversations about our works. Rainmatter’s approach is suspended, and there is a strong consensus with Zerodha’s philosophy. We have also had discussions with Zerodha Fund House.”

Zerodha began their headquarters in Bangaluru, 15 years ago in August 2010 by Nighthin and Nichil Kamath as a professional project with a mission to simplify and reduce trading cost in India.

In 2019, Zerodha became “unicorn” with a self -evaluated assessment of approximately one billion dollars on the basis of ESOP. In 2020, the company applied for a license to create the AMC MUTUAL box in India and launched its house in 2023.

Zerodha deals in stock trade, derivative trading, currency trading, commodity trading, and joint investment funds. Over the years, it has grown to become the country’s largest mediation in the country, and to convert Kamath brothers into billionaires.