Nithin Kamath, co-founder and CEO of Zerodha, just lately revealed that he acknowledged his brother Nikhil Kamath’s superior buying and selling talents throughout the early days of their buying and selling ventures. This realization prompted Nithin to transition into broking whereas Nikhil continued to thrive as a dealer.

Nithin made these feedback throughout a current episode of the podcast “WTF is Health,” hosted by Nikhil Kamath. Reflecting on their preliminary foray into the business, Nithin defined, “I quickly realized that Nikhil is a better trader than I am because, at that point in time, we were trading money and I was also managing the side hustle of broking business. In 2008-09, I thought, if he excels in trading compared to me, why not let him continue trading while I focus on broking permanently.”

As a end result, the brothers joined forces and established Zerodha, which has now develop into the most important on-line inventory broking platform in India. Nithin fondly recalled the common-or-garden beginnings, saying, “It started off as… I mean, it was not meant to be what it is today. I remember sending the first email, saying that if we reached 10,000 customers, we have achieved great success in life… now we have 11 million customers.”

Sharing the video on LinkedIn, Nithin stated Nikhil is the “best trader I know.”

“And yeah, Nikhil Kamath (Nik) and Nithin Kamath are two different people. It’s ridiculous how many people think we are the same person😬” he wrote.

The podcast additionally featured actor-turned-entrepreneur Suniel Shetty and Myntra co-founder Mukesh Bansal, who presently serves because the CEO of Cult.match.

This just isn’t the primary time that the CEO has acknowledged his brother’s buying and selling prowess. In a LinkedIn submit, Nithin Kamath emphasised how their joint efforts propelled the expansion of Zerodha, largely attributable to his brother’s worthwhile trades.

He wrote, “Nikhil Kamath is a much better trader than me. When we started, the idea was that he would trade, and I would attempt to build Zerodha. If it didn’t work, I would return to trading. However, it did work, and Nikhil continues to trade full-time. His trading profits in the first two years are what enabled us to build without venture capitalists.”