Nikhil Kamath’s Heartfelt Note for Nithin Kamath and Seema Patil Surviving Cancer & Brain Stroke

Nikhil Kamath, co-founder of Zerodha and True Beacon, recently took to social media to congratulate his brother, Nithin Kamath, for winning the prestigious EY Entrepreneur of the Year (EOY) 2024 award. Nithin was recognized for his groundbreaking work in revolutionizing India’s stockbroking industry with Zerodha’s low-margin, high-volume model, which propelled the company to a billion-dollar valuation without any external funding.

In a heartfelt post, Nikhil expressed his pride and admiration for his brother’s achievement, especially considering the challenges they had faced together, including the loss of their father, surviving cancer, and a brain stroke. He commended Nithin and their sister Seema for their resilience and positivity, stating, “In a world filled with glass half empty folk we need more glass half full.”

Nithin Kamath’s success story as a self-made entrepreneur who bootstrapped Zerodha into a billion-dollar enterprise has not only made waves in the business world but also in the social and environmental sectors. He has actively supported fintech and climate-focused start-ups, as well as various social initiatives.

As the recipient of the EOY award, Nithin Kamath will represent India at the EY World Entrepreneur Of The Year Award (WEOY) in Monte Carlo in June 2025. The award ceremony was attended by dignitaries such as Bhupender Yadav, Union Minister of Environment, Forest and Climate Change, and Piyush Goyal, Minister of Commerce and Industry, who praised the winners for their innovation and impact on the global business landscape.

The EOY 2024 winners collectively represent a revenue of nearly INR 2 lakh crore and provide employment to approximately 3 lakh individuals worldwide. Rajiv Memani, Chairman and CEO of EY India, lauded the winners for their transformative work in their respective industries, highlighting the significant impact of Indian entrepreneurs on the economy.

Nithin Kamath’s journey from a small-time trader to a celebrated entrepreneur serves as an inspiration to aspiring business leaders and showcases the power of determination, innovation, and resilience in achieving success. His recognition as the EOY 2024 award winner is a testament to his dedication and vision in shaping the future of India’s business landscape.