Nithin Kamath

The government on Monday nominated 31 non-official members including Abhiraj Singh Bhal from Urban Company and Kunal Bahl from Snapdeal in the reconstituted National Startup Advisory Council (NSAC).The Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM…

Zerodha Co-founder and CEO Nithin Kamath on Wednesday posted a video showing his own deepfake which was convincing enough to fool users into believing it was Kamath himself. He said the aim was to highlight the growing threat posed by Artificial Intelligence (AI).In the video, Kamath's deepfake speaks about the difficulty in verifying customer identities as digitisation becomes centre stage.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For…

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India needs a stronger network of registered investment advisors, Nithin Kamath, cofounder and chief executive of one of India’s top brokerages Zerodha, said, while also calling for creating viable structures for these advisors to operate.Kamath’s comments assume significance at a time when market watchdog Securities and Exchange Board of India (Sebi) has been looking to crack down on unregistered ‘finfluencers’, or financial influencers, in the country.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Kamath outlined the strategy used by these "pig butchers," who gain users' trust by creating phony profiles. These con artists gain users' trust by posing as "love and friends," luring them into sending money for loans with high yields and jobs and then stealing the money. Nithin Kamath, the CEO and founder of Zerodha, warned users on social media on Monday about a "pig butchering scam" that is exceeding tens of thousands of crores of rupees and is spreading throughout India. "Pig butchering" is essentially a cybercrime…

With the increasing…

Gruhas founders Nikhil Kamath and Abhijeet Pai have joined forces with Collective Artists Network, whose founder and group CEO is Vijay Subramaniam, to invest in a fund that will assist and empower young business people and start-ups in the consumer industry.Gruhas and Collective Artists Network intend to invest up to $1 million per agreement in at least 10 businesses. Consumer-facing brands and products will be the main focus of the investments.This partnership represents the first time ever in India that venture capital…

Nithin Kamath, the co-founder of Zerodha, a prominent retail brokerage firm, has issued a warning to the public regarding a "new scam involving FedEx, Blue Dart, and other courier companies." He expressed concern over scammers who are posing as officials from the CBI and crime branch to deceive unsuspecting individuals with fabricated cases. Sharing the incident on Twitter, Kamath recounted an encounter involving a person claiming to be a FedEx representative.Kamath tweeted, "There's a new scam in the name of FedEx, Blue…

If you missed our must-read stories this week, here are the top reads to get you up to speed. Coming from the most plugged reporters covering the tech and startup ecosystem, the ETtech team helps you understand the significance of these developments.Subscribe to our daily newsletters ETtech Morning Dispatch and ETtech Top 5 for more in-depth coverage you won’t find anywhere else. 1. Building India's Shein: why investors are backing a new wave of fashion ecommerce startups | A clutch of online fashion retailers targeting…

Online stock brokerage firm Zerodha has formed a joint venture (JV) with wealth management platform Smallcase for the mutual fund business, founders of both entities announced on Wednesday.Zerodha, India’s largest brokerage in terms of the number of customers, already has the initial clearance for an asset management company (AMC) from the Securities and Exchange Board of India and is awaiting the regulator’s final approval.Smallcase was incubated in Zerodha’s startup incubator, Rainmatter. The brokerage firm, through…