-
Nikhil Kamath credits Zerodha’s success to his strong partnership with brother Nithin, despite occasional conflicts.
-
The brothers avoid interference in each other’s domains, with Nikhil handling trading and Nithin focusing on people and broking.
-
Zerodha’s growth without external investors or debt has helped maintain their close partnership and decision-making process.
Nikhil Kamath, co-founder of India’s largest brokerage firm Zerodha, has spoken candidly about the challenges of running a business with his brother Nithin. Despite their close bond, Kamath admitted that personal egos and misunderstandings can arise. However, their well-defined roles and responsibilities have helped mitigate conflicts.
The Kamath brothers’ partnership has been instrumental in Zerodha’s success. Nikhil focuses on trading and investing, while Nithin handles people and broking-related aspects. This division of labor allows them to complement each other’s strengths. Nikhil emphasized that having everything on paper from the beginning has also helped resolve potential issues.
Nithin Kamath has previously acknowledged Nikhil’s trading prowess, which played a significant role in building the company. The brothers’ harmonious partnership has enabled Zerodha to grow without external investors or debt, maintaining their independence and decision-making control.
This brotherly duo’s approach serves as an inspiring example for entrepreneurs and startup founders, demonstrating the value of clear communication, defined roles, and a strong partnership in overcoming business challenges.
