Zerodha Recognised on Nasdaq Tower for Open-Source Contributions

Zerodha Recognised on Nasdaq Tower for Open-Source Contributions
Zerodha Recognised on Nasdaq Tower for Open-Source Contributions

Zerodha, one of India's leading stockbroking platforms, has achieved a significant milestone. Recently, the company was featured on the iconic Nasdaq Tower in Times Square, New York, celebrating its remarkable contributions to the open-source community. This global recognition highlights the company's outstanding achievements in the fintech sector and its growing influence in the world of trading and investments.

The Open-Source Foundation of Zerodha’s Operations

Zerodha’s success is deeply rooted in its adoption and advocacy of Free and Open Source Software (FOSS), which underpins its platform used by nearly 2 crore Indians. CEO Nithin Kamath acknowledged FOSS as instrumental in enabling Zerodha to manage over INR 6 lakh crore in client assets and drive nearly 15% of India’s daily retail trading volumes. Beyond usage, Zerodha actively contributes back by open-sourcing internal tools, launching a $1 million annual fund to support global FOSS projects, and co-founding FOSS United to promote open-source in India.

This commitment shows a broader mission: to strengthen the global tech ecosystem through collaboration, transparency, and innovation.

Changing the Landscape of Indian Trading

Zerodha has redefined trading in India, offering a low-cost, efficient, and user-friendly platform. Over the years, the company has introduced several groundbreaking features like the Kite trading platform, which offers seamless and fast execution of trades. Zerodha's user-friendly interface and educational initiatives, such as Varsity, have made it easier for millions of Indians to understand and engage with the stock market.

The Global Recognition

The display of Zerodha’s name on the Nasdaq Tower represents not only a personal achievement for the company but also a larger recognition of the growing influence of Indian fintech globally. It is a proud moment for the company, as it highlights Zerodha’s position at the forefront of the global financial services industry.

Zerodha’s Founder and CEO, Nithin Kamath, shared his excitement about this recognition on his social media, "It feels nice to see @zerodhaonline being recognized for our contributions to open source. 😀"

The Future Outlook

As Zerodha celebrates this remarkable achievement, it remains focused on expanding its reach and improving its services for the Indian market. With a commitment to innovation, customer satisfaction, and ethical business practices, Zerodha is all set to continue its growth and further establish itself as a leader in the fintech sector.

In a recent LinkedIn post, Kamath highlighted, "It wouldn't be an overstatement to say that 4th Cross JP Nagar is a hotbed of FOSS activity in India along with Broking!" With its continued focus on technology, customer empowerment, and open-source development, Zerodha’s future looks bright as it continues to revolutionise the financial landscape.


Nithin Kamath: The Unlikely Billionaire Who’s Shaking Up India’s Stock Market | Education | Family | Zerodha | Net Worth
Nithin Kamath is the founder and CEO of Zerodha and Rainmatter. Know about Nithin Kamath’s education, family, children, success story, net worth, etc. Learn more about him on Nithin Kamath Wikipedia.

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