Page 8 - Future Group News Today

Nikhil Kamath, Zerodha co-founder, introduces the 'WTF Fund' for budding designers of home, fashion, and beauty products.

“If you can find the right name...why is it that Peter England or Allen Solly has some appeal? It connotes of western wear,” said Ananth Narayanan on Nikhil Kamath's podcast.

“It is not because they can’t manufacture more of that…they can go make a million of these bags and stuff," said Nikhil Kamath, explaining his issue with ultra-luxury brands.

Zerodha CEO Nikhil Kamath unveils the WTF Fund for young entrepreneurs in beauty, fashion, and home brands.

With a combined networth that currently stands at $5.5 billion, Nikhil and older brother Nithin Kamath are at the 40th spot in Forbes latest list of Indias 100 richest people

Zerodha co-founder Nikhil Kamath recently claimed that he no longer purchases ultra-luxury brands due to what he perceives as arrogance in their marketing strategies.

Imagine becoming a billionaire at the young age of 37, becoming the youngest billionaire in India, and climbing to the 40th slot on Forbes' exclusive list of the nation's financial aristocracy. Nikhil Kamath, a co-founder of the fintech disruptor Zerodha, whose work reinvented zero-cost equities investment in India, tells his tale in that regard.

For now, eligible entrepreneurs can apply to be a part of the WTF Fund programme, which is accepting entries till October 16, 2023.

Through this initiative, Kamath aims to support students with entrepreneurial ambitions through funding and mentorship.

The decision to launch the new fund was made during the latest episode of Kamath’s podcast ‘WTF is with Nikhil Kamath’