Podcasting, Zerodha, trading, and philosophy: Nikhil Kamath’s many lives

/ 2 min read
Summary

Nikhil Kamath, one of India’s most successful entrepreneurs, has been making a louder impact — not through investing, but through conversations.

Nikhil Kamath, co-founder, Zerodha
Nikhil Kamath, co-founder, Zerodha

This story belongs to the Fortune India Magazine July 2025 issue.

In a business landscape obsessed with valuations and visibility, it is rare to find someone with both. But one of India’s most successful entrepreneurs has been making a louder impact — not through investing, but through conversations.

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From Bill Gates to YouTube CEO Neal Mohan and industrialist Kumar Mangalam Birla, Nikhil Kamath’s ‘WTF’ series of podcasts is rapidly gaining traction. The host — calm, curious, always underplaying — is better known as the Zerodha co-founder.

For a founder increasingly preoccupied with the power of dialogue, podcasting is only a natural extension.

In FY24, Zerodha clocked ₹9,372 crore in revenues and ₹5,496 crore in net profit, up 89% from the previous year.

Besides, True Beacon, Kamath’s asset management venture for India’s ultra-wealthy, has quietly carved out a niche with a zero-fee, skin-in-the-game philosophy.

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The 38-year-old’s evolving worldview draws equal attention. In a recent LinkedIn post, he predicted that electrons may emerge as the world’s next medium of value, as AI and data centres begin to reshape the global economy.

But even as he trends on social media, Kamath often strikes a philosophical—and disarmingly personal—note.

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“Attention = time, time, the commodity that defines all other commodities... Let’s take some control back — last Sunday of every month, no devices?” he shared recently.

As Kamath grows into his dual role of entrepreneur and broker of ideas, his sharpest investments may well lie in distilling nuance in an ‘age of noise’.

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