BusinessPhoto: NDTV WorldZerodha Co-Founder Nikhil Kamath on Groww Rivalry and Market Potential
Zerodha co-founder Nikhil Kamath said there is room for many players in India's stockbroking market, which remains small with less than 5% equity investor penetration. Speaking at the NDTV World Summit, he acknowledged Groww's success and emphasized the need for hundreds of companies like Groww and Zerodha to build a developed-scale stock market in India. Kamath also noted that competition from Groww, which has venture capital backing, does not bother him.
NDTV World··New Delhi



