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Zerodha
Zerodha Broking Ltd is an Indian brokerage and financial services company, based in Bengaluru. It offers an electronic trading platform that facilitates institutional and retail trading of stocks, derivatives, currencies, commodities, mutual funds and bonds. It is a member of the National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX). Zerodha was founded and bootstrapped by brothers Nithin and Nikhil Kamath. As of May 2024, it has 7.5 million active customers registered with the NSE, making it the second largest stockbroker in India. History Zerodha was founded in August 2010 by brothers Nithin and Nikhil Kamath. The name Zerodha, indicates a combination of words for the company's ideals: ''zero'' and , the Sanskrit word for 'barrier'. In 2019, Zerodha became the largest retail stockbroker in India by active client base, overtaking ICICI Securities. It contributed up to 2% of daily retail volumes on Indian stock excha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nikhil Kamath
Nikhil Kamath (born 5 September 1986) is an Indian entrepreneur and investor. He is the co-founder of Zerodha, a retail stockbroker, and True Beacon, an asset management company. As of March 2025, Kamath is worth $2.6 billion, according to Forbes. He, along with his brother Nithin, is also part of Forbes' list of India’s 100 Richest for 2024. Early life and education Kamath was born on September 5, 1986, in Shimoga and was raised in a locality called Udyavara in Udupi, Karnataka. He was born into a culturally rich Kannada Brahmin household. Kamath's father, Raghuram Kamath, was an executive at Canara Bank, while his mother, Revathi Kamath, had her own event management company that managed major events for HP and Bosch at venues like Leela Palace and Windsor Manor. Her landscaping work flourished as she completed projects for the Chinnaswamy Stadium and corporate clients like Intel, CBRE, and Citadel. She also worked on high-end resorts and hospitals, executing projects ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multi Commodity Exchange
Multi Commodity Exchange of India Limited, also known as the Multi Commodity Exchange of India (MCX), is an Indian commodity exchange. It was established in 2003 and is currently based in Mumbai. It is India's largest commodity derivatives exchange. The average daily turnover of commodity futures contracts increased by 26% to ₹32,424 crore during FY2019-20, as against ₹25,648 crore in FY2018-19. The total turnover of commodity futures traded on the Exchange stood at ₹83.98 lakh crore in FY2019-20. MCX offers options trading in gold and futures trading in non-ferrous metals, bullions, oil, natural gas, and agricultural commodities (e.g., mentha oil, cardamom, palm oil, and cotton). MCX was among the top global commodity exchanges in terms of the number of futures contracts trade, the latest yearly data from Futures Industry Association (FIA) showed. MCX launched the MCX India Commodity Indices (MCX iCOMDEX) series on December 20, 2019, which conform to the global ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assets Under Management
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institution—or a decentralized network protocol manages and invests, typically on behalf of its clients. Funds may be managed for clients, platform users, or solely for themselves, such as in the case of a financial institution which has mutual funds or holds its own venture capital. The definition and formula for calculating AUM may differ from one entity to another. Overview Assets under management is a popular metric used within the traditional investment industry as well as for , such as cryptocurrency, to measure the size and success of an investment management entity. AUM represents the market value of all of the securities that a financial entity owns and manages, or simply manages. The AUM of an entity is often compared with historical d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moneycontrol
Network18 Media & Investments Limited, ( d/b/a Network18 Group) is an Indian media conglomerate owned by the Reliance Industries, headed by Mukesh Ambani. Rahul Joshi is the managing director, chief executive officer and group editor-in-chief, and Adil Zainulbhai is the chairman of its board of directors. Through its subsidiaries and franchise licensing agreements, the group owns and operates the news broadcasting networks of News18, and CNBC channels in India, the magazines of '' Forbes India'' and '' Overdrive'', the websites of ''Firstpost'' and '' Moneycontrol,''. It also operates the television networks of Colors TV, Nickelodeon India, MTV India and the channel History TV18. Incorporated in 1996 by Geeta and Rakesh Gupta, the company was acquired by Ritu Kapur and Raghav Bahl to be converted into a conglomerate holding company between 2003 and 2006. It oversaw one of the largest collections of media properties in India following its conversion but became encumbered with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Management Companies
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Investment Fund
An alternative investment, also known as an alternative asset or alternative investment fund (AIF), is an investment in any asset class excluding capital stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as precious metals, collectibles (art, wine, antiques, vintage cars, coins, watches, musical instruments, or stamps) and some financial assets such as real estate, commodities, private equity, distressed securities, hedge funds, exchange funds, carbon credits, venture capital, film production, financial derivatives, cryptocurrencies, non-fungible tokens, and Tax Receivable Agreements. Investments in real estate, forestry and shipping are also often termed "alternative" despite the ancient use of such real assets to enhance and preserve wealth. Alternative investments are to be contrasted with traditional investments. Research As the definition of alternative investments is broad, data and research vary widely across the investm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cred (company)
Dreamplug Technologies Pvt. Ltd. d/b/a CRED is an Indian fintech company, based in Bangalore. Founded in 2018 by Kunal Shah, it is a reward-based credit card payments app. CRED also allows users to make house rent payments and provides short-term credit lines. As of 2022, the company was valued at around $6.4 billion. History Cred was started in 2018 by Kunal Shah. Cred posted losses of ₹360.31 crore in fiscal year 2020, caused primarily due to high expenditure on marketing and advertising. By 2021, the company reported having 5.9 million users. In 2021, Cred acquired expense management startup Happay and a liquor delivery startup HipBar. In December 2022, Cred acquired a 100% stake in CreditVidya that offers lending as a service to customers who do not have a credit score. In July 2023, Cred acquired savings and investment platform Spenny. In February 2024, Cred acquired online wealth management and mutual funds startup Kuvera for an undisclosed amount. In June 2024, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Today (India)
''Business Today'' is an Indian fortnightly business magazine published by Living Media, Living Media India Limited, in publication since 1992. Circulation ''Business Today'' has the highest circulation and readership amongst business magazines, and is among the top 10 English-language magazines across genres. It is published once a fortnight, and commands a readership base of 1.7 million readers. Events ''Business Today'' events is a group of programmes that includes the signature BT MindRush and BT Best CEO Awards. BT does events such as India@100 Economy Summit. Leadership In May 2021, India Today Group elevated Rahul Kanwal to the role of executive director of ''Business Today''. References External links Official website 1992 establishments in India Biweekly magazines published in India India Today Group Business magazines published in India Magazines established in 1992 English-language magazines published in India {{business-mag-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employee Stock Ownership Plan
Employee stock ownership, or employee share ownership, is where a company's employees own shares in that company (or in the parent company of a group of companies). US employees typically acquire shares through a share option plan. In the UK, Employee Share Purchase Plans are common, wherein deductions are made from an employee's salary to purchase shares over time. In Australia it is common to have all employee plans that provide employees with $1,000 worth of shares on a tax free basis. Such plans may be selective or all-employee plans. Selective plans are typically only made available to senior executives. All-employee plans offer participation to all employees (subject to certain qualifying conditions such as a minimum length of service). Most corporations use stock ownership plans as a form of an employee benefit. Plans in public companies generally limit the total number or the percentage of the company's stock that may be acquired by employees under a plan. Compared with w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unicorn (finance)
In business, a unicorn is a startup company Valuation (finance), valued at over US$1 billion which is privately owned and not listed on a share market. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the unicorn, mythical animal to represent the statistical rarity of such successful ventures. Many unicorns saw their valuations fall in 2022 as a result of an economic slowdown caused by the COVID-19 pandemic, an increase in interest rates causing the cost of borrowing to grow, increased market volatility (finance), volatility, stricter regulatory scrutiny and underperformance. CB Insights identified 1,248 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn" and "hectocorn" have been used. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ICICI Securities
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara. It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management. ICICI Bank has a network of 6,613 branches and 16,120 ATMs across India. It also has a presence in 11 countries. The bank has subsidiaries in the United Kingdom and Canada; branches in United States, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre, China and South Africa; as well as representative offices in United Arab Emirates, Bangladesh, Malaysia and Indonesia. The company's UK subsidiary has also established branches in Belgium and Germany. The Reserve Bank of India (RBI) has identified the State Bank of India, HDFC Bank, and ICICI Bank as Domesti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
