Nithin Kamath Highlights Zerodha’s 1.6 Crore Users Achieved ‘Without Advertising,’ 30% via Referrals

Investing platform Zerodha has achieved a remarkable milestone of over 1.6 crore users managing assets worth ₹6 lakh crore, co-founder Nithin Kamath shared in a LinkedIn post. The platform’s success is attributed to its customer-centric philosophy, with nearly 30% of its user base joining through referrals.The platform’s growth stands out for its ad-free approach, focusing on customer value rather than flashy marketing. Kamath likened advertising to an addiction. While dominant among English-speaking users, Zerodha aims to expand in Hindi-speaking markets like Uttar Pradesh and Bihar by launching Hindi content channels to boost regional outreach.

Read more on FinancialExpress.

Nithin Kamath on Creating Luck, Importance of Fitness and Betting on India | SparX by Mukesh Bansal

In this episode, Nithin Kamath, co-founder and CEO of Zerodha, an app that has made trading more accessible for lakhs of Indians, speaks with Mukesh Bansal (founder of Myntra and Cult.fit).

Nithin Kamath on Creating Luck, Importance of Fitness and Betting on India
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