Why Zerodha couldn’t care less about losing the No. 1 spot?

The discount broker’s slip in terms of active users does little to detract from the immense lead it enjoys in terms of revenue and profits. Besides, its mutual fund and private market plans only add to its appeal.

18 October, 20236 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Slow and steady Digio is winning the paperless race

Backed by heavyweight fintechs, the Bengaluru-based digital infrastructure firm has had a head start in a crowded sector. But how is it planning to grow further?

Internet
Story image

Stoa’s closure shows alt-MBA can’t solve the MBA problem

The edtech startup’s four-year journey from ambitious disruptor to shutdown offers crucial lessons on innovation, market realities and the resilience of traditional higher education institutions.

Internet
Story image

Why are Indian startups moving back home?

Global funding winter seems to have pushed a slew of Indian unicorns to re-evaluate their domiciles.