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'Don't want to fly in private jet, own a yacht': Zerodha CEO Nithin Kamath

Nithin and his brother expected to earn home a salary of up to Rs 100 crore each for running India's largest stock brokerage firm. Nithin's wife to get same salary package as well.

zerodha | demat accounts | Brokerages

Samie Modak  |  Bengaluru 

Nithin Kamath, founder and CEO of Zerodha
Nithin Kamath, founder and CEO of Zerodha

After building the country's largest and most-profitable pure-play brokerage, Nithin Kamath, founder and CEO of has to stave off pressure from investors who want a piece of the company.

Nithin and his brother Nikhil Kamath can take home a salary of up to Rs 100 crore each, according to a special resolution passed by the company’s board that was reported lasted last week. Seema Patil, Nithin’s wife who has been promoted to whole-time director, can expect the same salary deal as well.

Nithin, in an interview to Samie Modak, explained why he doesn't want to take private equity (PE) money and why is not being aggressive when it comes to acquiring new clients. Edited excerpts:



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First Published: Tue, June 01 2021. 12:53 IST