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Zerodha CEO Nithin Kamath explains why company values itself at only $2 billion

Shortpedia

Content Team
Image Credit: zee news

Zerodha co-founder and CEO Nithin Kamath opened on why the company values itself at mere $2 billion at a time when smaller rivals are receiving better valuation than the brokerage. Zerodha is currently valued at $2 billion during its ESPO buyback. Taking it to Twitter, Kamath said that "the only reason why we do a valuation exercise at Zerodha every year is for our ESOP buyback.