More companies will have to focus on profitability in future: Nikhil Kamath

If interest rates continue at their current trajectory, the appetite will go down, impacting the consumption and the markets, co-founder of Zerodha and True Beacon said

It will be harder to raise money in future as they might have done 5 or 10 years ago. More companies will now have to focus on profitability. In an exclusive interview, Nikhil Kamath, co-founder of Zerodha and True Beacon, spoke to Raghav Aggarwal about the future of fintech and funding in India. Edited excerpts from the interview:

What do you think made Zerodha and True Beacon so successful?

We started in industries which were ripe for change when we began. Being in the right place, at the right time and with the right team has made these companies successful.