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Discount brokers in India

Customer trust and referrals drive Zerodha, not incentives: Nithin Kamath

19 August 2025 by Admin
Customer trust and referrals drive Zerodha, not incentives: Nithin Kamath

Zerodha founder and CEO Nithin Kamath reflected on the company’s unconventional growth journey, highlighting how customer referrals and word-of-mouth publicity, rather than advertising, have helped the discount broker acquire customers since its inception. “When we started Zerodha, we didn’t have the money to advertise, not that it would’ve worked,” Kamath wrote on X (formerly Twitter). … Read more

Categories Economy Tags demat account, discount broker, Discount brokers in India, Nithin Kamath, sebi, SEBI Regulations, stock market, Zerodha, Zerodha Kite, zerodha referral program Leave a comment

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