Nithin Kamath from Zerodha Joins the Revamped Startup Advisory Council


Nithin Kamath from Zerodha Joins the Revamped Startup Advisory Council
Nithin Kamath, the CEO of Zerodha, has joined the National Startup Advisory Council to guide the government in creating a conducive environment for innovation. Alongside 30 other non-official members, Kamath's goal is to influence programs that cater to the evolving needs of startups. Kamath expresses eagerness for his role, emphasizing the importance of mobilizing domestic capital for startups. He advocates a reduction in reliance on foreign investment, urging Indians to support indigenous ventures. Kamath underscores the need for India to unlock domestic capital for startups and MSMEs, emphasizing the importance of reducing dependence on foreign capital and encouraging support for Indian startups from within the country.
Nithin Kamath underscores the rise in entrepreneurial ambitions among Indians, attributing it to government initiatives, media attention, and success stories. He identifies an opportunity for Indian investors to adopt novel products, stressing the significance of keeping the wealth generated by startups within the country. As a member of the National Startup Advisory Council, Kamath collaborates with experienced founders and industry experts, intending to advocate for diverse stakeholder interests. The council's responsibilities include guiding strategies to strengthen India's startup ecosystem and promote innovation.
Kamath's vision is centred on utilizing internal resources and fostering self-sufficiency within the startup ecosystem. He emphasizes the goal of not only decreasing dependence on external capital but also ensuring that the wealth generated by startups remains within India. His inclusion in the council, which includes representatives from various industries, highlights the shared commitment to promoting indigenous innovation and fostering sustainable growth in India's startup sector.
Nithin Kamath, the Founder and CEO of Zerodha and Rainmatter Foundation, a non-profit initiative aimed at enhancing environmental sustainability, is the elder of the two brothers who founded Zerodha. Nithin graduated from the Bangalore Institute of Technology. Following his education, he started his career as a self-employed Proprietary Trader and later worked as a Senior Telesales Executive at Manipal Infocom and as a Partner at Kamath Associates. Nithin eventually teamed up with his younger brother, Nikhil Kamath, to establish Zerodha.