Inside the making of Zerodha
This is my first long conversation in a very, very long time.
The idea was to talk about all the things that make Zerodha what it is today, because a lot of people don’t really know how differently Zerodha has been built compared to most other companies.
We’ve never raised external capital. We don’t advertise. We don’t have a sales team with sales targets. We don’t do much marketing. We don’t push people to trade or invest. And we have a relatively small team that has remained at roughly 1,000 people since around 2018–19, even though the business has grown five or six times since then.
In this conversation, I spoke about all these things and more: how we think about growth, risk, competition, and the future of Zerodha.
This is also the beginning of a new series where we want to shine a spotlight on the people who have made Zerodha what it is today. A lot of them aren’t very well known, so the idea is to put them on the spot and tell their stories.
Check out the full conversation on the Zerodha YouTube channel.

Mr Kamath I am one of the oldest clients of Zerodha. While I admit that Zerodha platform is far superior to the high priced platforms like ICICI Direct & HDFC Securities, the Compliance team should improve their services than merely acting as postmen when a case is escalated to them. They merely forward the Mail to Customer Support team. I hope you will share this view with the compliance team & tell them to monitor the progress of the issues raised with them
What are your thoughts on foundry?