The issue has come to light after several brokers missed the August 31 deadline set by Sebi for returning client funds
Zerodha CEO Nithin Kamath says not being answerable to anyone is the best part of his life, so the company is not looking for a funding
It's essentially a bet customers will still pay extra to be hand-held in their trades
High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable
Large players use these tools even to deliver data on stocks they don't cover; several use chatbots, Google Home and Alexa to improve customer experience