10 Successful Ventures Backed by Prominent Investor Nikhil Kamath

Nikhil Kamath is a 36-year-old Indian entrepreneur and businessman, best known as the co-founder of Zerodha, a prominent stock brokerage firm in India. His trading background and interest in technology converged to create Zerodha’s user-friendly and tech-savvy platform. The company gained immense popularity for its transparent pricing, advanced trading tools, and educational resources that empower investors to make informed decisions. 

Apart from Nikhil Kamath’s contributions to the financial sector, he has also been involved in various philanthropic endeavors. He has shown an interest in supporting education, healthcare, and other social causes in India. He is widely recognized for his contributions to the financial technology sector and his efforts to make investing more accessible through technology-driven platforms. Nikhil Kamath has since been investing in a variety of startups and online media.

In this blog, I'll be listing a few startups funded by Nikhil Kamath. 

1) Kofluence 

Based in Bengaluru, Kofluence is a tool for influencer marketing, a startup by Nikhil Kamath, that uses data to help brands and influencers with their marketing efforts. It offers features like social listening, finding creators, managing tasks, and creating reports to make campaigns easier and more efficient. It comes under the technology industry

2) Vokal 

Headquartered in Bengaluru, Karnataka, it is an Indian platform invested by Nikhil Kamath, that focuses on questions and answers in various Indian languages. The Vokal app is accessible in 11 different Indian languages. It allows users to inquire about a wide range of subjects, including love, career, politics, sports, and more. The platform boasts a pool of over 1000 experts from diverse backgrounds who provide answers. In addition to posting questions to the entire community, users also have the option to directly ask experts questions. It comes under Social Media and Technology industry.

3) Bhive Funds -

BHIVE Workspace is another company funded by Nikhil Kamath that uses technology to help people find and use office spaces. They're mainly interested in places for businesses to work. They're in different parts of Bangalore and plan to grow even more. BHIVE makes it simple for regular people to invest their money in different ways using a single platform. 

4) Growth school 

Growth School, an institution invested in by Nikhil Kamath, teams up with teachers to make courses where people learn and grow together. They mostly work in higher education and use technology for education. They're all about helping with personal and work-related development. They started in 2020 in Bangalore, India. Their teachers have come from big companies like Uber, Google, Facebook, Amazon, Apple, and WhatsApp.

5) BASIC Home Loan 

Established in 2020, BASIC Home Loan represents a fintech firm that is dedicated to creating an automated platform for home lending within the Indian market. This investment of Nikhil Kamath offers simple ways to buy homes for families in India. They aim to revolutionize and simplify the procedure for initiating, recording, authenticating applicants, and delivering home loans. All these tasks can now be completed without the need to leave your residence.

6) Licious 

Licious in Bengaluru is an online platform and e-commerce service that sells a variety of meat. One can experience the freedom to purchase meat online at their preferred time. They offer a wide range of options, including Chicken, Mutton, Seafood (Fish, Prawns, Crabs), Marinades, and Cold Cuts. It was started in 2015 by Vivek Gupta and Abhay Hanjura. Along with Nikhil Kamath, the company has investors like Amansa Capital, Haresh Chawla, Aman Gupta, and much more. It is spread over 14 different cities in India.

7) Nourish You 

It was founded in the year 2014, as a food and beverage startup in Hyderabad. It is a pioneering online brand that specializes in nutritious snacks. Their product range encompasses chia seeds, quinoa flour, brown rice, white quinoa, black quinoa, and much more. As a startup invested by Nikhil Kamath, it operates within the B2C realm, they cater to Retail, Food and Agriculture Tech, Food and Agriculture, as well as Consumer Goods market sectors.

8) Third Wave Coffee 

It is an online brand that also has offline stores, newsletters, and its own app. It is a food and beverage startup that is based in Bengaluru and was started in 2016. TWC has about 70 cafes in different cities in India. It produces and supplies specialty coffee bags, enabling its consumers to enjoy barista-quality coffee at any time. It has investors like Sujeet Kumar, Arpan Seth, Ayappan Rajagopal, Nikhil Kamath, and Neelesh Bhatnagar. 

9) WEGoT 

It is a startup invested by Nikhil Kamath that is based in Chennai and began in 2015. The startup focuses on the acute water shortage. WEGoT offers technology-driven solutions for managing the demand, usage, and distribution of essential utilities such as Water, Electricity, and Gas. These utilities face significant challenges due to urban growth. This startup has developed a user-friendly platform that seamlessly combines these three resources, enabling households to easily gauge, control, and preserve these vital resources right at their fingertips. 

10) Young India Philanthropic Pledge 

Nikhil Kamath’s yet another invested startup Young India Philanthropic Pledge represents a dedication from India's emerging leaders to bring positive change. Individuals under 45 years of age, possessing a net worth of at least INR 1,000 Crores, commit to openly donating 25% or greater of their wealth to drive impactful global transformation, beginning within India. It was founded by Bill Gates, Warren Buffet, French Gates, and Melinda French, back in 2010. In the following year, Azim Premji the inaugural Indian participant joined the Giving Pledge initiative. Nikhil Kamath is the fourth and the youngest Indian to participate in it. 

Investors like Nikhil Kamath choose to invest in startups primarily with the aim of achieving substantial financial gains. Startups offer the possibility of swift expansion, potentially resulting in considerable profits should the company thrive.

Moreover, investors might be drawn to the chance of endorsing inventive concepts, cutting-edge technologies, and ambitious entrepreneurs. This decision can also stem from the desire to diversify investment portfolios and capitalize on tax advantages or other incentives associated with early-stage company investments. Startups offer products, services, and solutions to their consumers. Hence these startups and investors have been a huge success in the present world.