Zerodha CEO Nithin Kamath shares pitfalls of broking business, wonders: Why the brokerage business looks so sexy
Published on: June 20, 2025, 11:30 p.m. | Source: Livemint
Nithin Kamath, CEO of Zerodha, warns about the risks in the broking industry, highlighting concentration risk where revenue is dependent on a few clients. He notes that despite increasing active traders, revenue largely comes from just two contracts, making firms vulnerable to market changes.
