Latest news with #NikhilKamath
Entrepreneur
12 hours ago
- Business
- Entrepreneur
Zerodha's Nikhil Kamath Invests in Creative Agency One Hand Clap Media
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Zerodha co-founder Nikhil Kamath has invested in One Hand Clap Media, a creative agency started by former AIB heads Aakash Shah and Naveed Manakkodan. The financial details of the deal have not been disclosed. One Hand Clap Media focuses on digital-first storytelling, producing ad films, creative campaigns, and managing digital mandates. The agency has worked with leading brands like Swiggy, Netflix India, CRED, BGMI, and Bumble. Speaking about the investment, Aakash Shah, Co-founder of One Hand Clap Media, said, "Nikhil gets our DNA, and our visions align. We both never cared for the status quo; we have always aimed to disrupt it, defy the metrics and algorithms to tell stories, not just campaigns for our clients." With its roots in satire and digital media, the agency aims to challenge traditional models with bold, fast, and efficient creative work for digital platforms.
Hindustan Times
a day ago
- Lifestyle
- Hindustan Times
Nithin and Nikhil Kamath's mother says she raised sons with ‘nutritious food': ‘Never ever ordered outside food'
Revathi Kamath, mother of billionaires Nithin and Nikhil Kamath, has been sharing nuggets on how she raised her two sons and the challenges she faced along the way. The veena player, who recently shared a video of her grandson on the mrudangam at an event in Bengaluru, took credit for the healthy, homemade meals she offered her sons when they were young. She added that the family did not order food from outside during those years In a Facebook post, Revathi said many of her friends on the platform had witnessed her parenting journey firsthand. "So many of my friends who are here on Facebook witnessed me bringing up my SONS, how nutritious food I used to prepare," Kamath wrote. "Never ever used to order outside food and not a single day I missed making fresh food, fresh juice and fruits. We used to spend lots of our earnings in all these." Several people commented on the mother's candid post, appreciating her efforts. One among them was a woman who worked with Kamath's late husband in Bengaluru. Revathi Kamath thanked the woman and reminded her of the food she she used to pack for her husband. 'You might have seen the food I used to send him daily,' Kamath told the Facebook user in the comments section. (Also Read: 'They were not normal kids': Nithin and Nikhil Kamath's mother shares struggles of raising two children) Revathi Kamath recalling that she never ordered food from outside for his sons while they were growing up is noteworthy as earlier this year, Nikhil Kamath had sparked an online debate on eating out vs cooking meals at home with a detailed post comparing the eating habits of people in Singapore and India. In March, Revathi Kamath was gifted a ₹1.5 crore Mercedes GLS by her sons, who are the co-founders of Zerodha 'My sons today gifted me new car today and here also I received car keys this way and one more Peta and shalu," she had written in a social media post, with a picture of her receiving the car.
Economic Times
5 days ago
- Business
- Economic Times
Nazara Tech in focus as Rekha Jhunjhunwala sells entire stake amid stock surge
Nazara Technologies shares will be in focus on Monday after ace investor Rekha Jhunjhunwala exited the company, selling her remaining stake as the stock approached a four-year high. On Friday, June 13, she offloaded more than 3% of her holdings through bulk deals on both the BSE and NSE. ADVERTISEMENT As per exchange data, Jhunjhunwala sold 13 lakh shares on the BSE at an average price of Rs 1,225.19 and another 14 lakh shares on the NSE at Rs 1,225.63. The combined deal value stood at approximately Rs 334 crore. The identity of the buyers was not immediately known. Following this transaction, Jhunjhunwala's stake in the gaming and sports media company has reduced to zero, according to bulk deal disclosures. Also Read: These 11 Nifty microcap stocks can rally 55-210% in the next 12 monthsEarlier, between June 2 and June 6, she had sold 17.38 lakh shares for an estimated Rs 218 crore. Overall, her holding has come down from over 10% in June 2022 to nil. Other prominent investors in Nazara Technologies include Madhusudan Kela and Nikhil Kamath. As of March 2025, Kela holds a 1.3% stake, while Zerodha co-founder Nikhil Kamath owns 3.72% through his firms—Kamath Associates and NKSquared. ADVERTISEMENT Also Read: 10 midcap stocks with more than 20 buy Calls: Analysts see up to 25% upside In Q4FY25, Nazara Technologies reported a 95% year-on-year jump in operating revenue to Rs 520.2 crore. Net profit stood at Rs 4 crore, up from Rs 0.18 crore in the same quarter last year. However, total expenses also surged 85% YoY to Rs 527.7 crore, largely due to a threefold increase in advertising costs and a sharp rise in employee benefits. The esports division was the top contributor, posting 47% YoY growth. Gaming revenue rose 72% to Rs 156.4 crore, and the adtech business also reported gains. ADVERTISEMENT For the full year, operating revenue grew 42.6% to Rs 1,623.9 crore. However, net profit declined 31.8% to Rs 50.9 crore. EBITDA for the year reached a record Rs 153.5 crore. According to Trendlyne, the average target price for Nazara Technologies is Rs 1,093, suggesting a potential downside of nearly 18% from current levels. Of the 11 analysts covering the stock, the majority have a 'Hold' rating. ADVERTISEMENT The stock has gained 42% in the last three months and is up 90% over the past two years. Nazara's current market capitalisation stands at Rs 11,634 crore. Also Read: Swiggy, Radico Khaitan among 7 stocks on which brokerages initiated coverage, see up to 34% upside ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Hindustan Times
13-06-2025
- Entertainment
- Hindustan Times
‘They were not normal kids': Nithin and Nikhil Kamath's mother shares shares struggles of raising two children
Revathi Kamath, mother of Zerodha founders Nithin and Nikhil Kamath, has opened up about her personal journey and the emotional challenges she faced while raising her sons, in a deeply personal Facebook post. Sharing a video of herself singing a Kannada song on stage at a recent event, Revathi reflected on her early life, from being a college student who loved film music to giving it all up after marriage to focus on her family. 'Within 10 months of marriage, my son Nithin was born and my life got completely dedicated to him and the family,' she wrote. 'Later, after a gap of 7 years, Nikhil was born. It was such a struggle to bring them up because they were not normal kids. Every day was a challenge.' (Also Read: 'Doesn't listen to anyone': Nikhil Kamath recalls what a politician said about suspended Bengaluru top cop B Dayananda) 'My sons must know what I used to feed them, how I brought them up and all,' she added. 'Please wait and watch to know everything.' The post struck a chord with many, offering a rare personal glimpse into the early life of the Kamath family, better known today for building one of India's most successful fintech startups. (Also Read: Indian billionaires' mother takes Bengaluru Metro ride, months after sons gifted Mercedes) Revathi Kamath's heartfelt post struck a chord with her Facebook community. Friends and well-wishers showered her with praise and admiration, lauding her strength, spirit, and unwavering love for her family. One user commented, 'You are a bundle of energy and enthusiasm and you have an unlimited love for life! You radiate positivity around you! That's wonderful.' Another added, 'Your selfless love and devotion to your family are truly inspiring. You're making a difference in their lives.' (Also Read: Nikhil Kamath praises 'Bangalore Boy' Virat Kohli after RCB's thrilling IPL 2025 win)
Hindustan Times
13-06-2025
- Entertainment
- Hindustan Times
‘They were not normal kids': Billionaire Kamath brothers' mother shares her journey, announces autobiography
Revathi Kamath, mother of Zerodha founders Nithin and Nikhil Kamath, has announced that she is writing an autobiography detailing her life journey, including the personal and emotional challenges she faced while raising her sons. In a candid Facebook post accompanying a video of her singing Kannada song on stage at a recent function, Revathi reflected on her early years, from being a college student who loved singing film songs to stepping away from her passions after marriage. 'Within 10 months of marriage, my son Nithin was born and my life got completely dedicated to him and the family,' she wrote. 'Later, after a gap of 7 years, Nikhil was born. It was such a struggle to bring them up because they were not normal kids. Every day was a challenge.' (Also Read: 'Doesn't listen to anyone': Nikhil Kamath recalls what a politician said about suspended Bengaluru top cop B Dayananda) 'My sons must know what I used to feed them, how I brought them up and all,' she added. 'Please wait and watch to know everything.' The post struck a chord with many, offering a rare personal glimpse into the early life of the Kamath family, better known today for building one of India's most successful fintech startups. Revathi hinted that the forthcoming autobiography will not just chronicle her journey, but also serve as a deeply personal record for her sons. Revathi Kamath's heartfelt post struck a chord with her Facebook community. Friends and well-wishers showered her with praise and admiration, lauding her strength, spirit, and unwavering love for her family. One user commented, 'You are a bundle of energy and enthusiasm and you have an unlimited love for life! You radiate positivity around you! That's wonderful.' Another added, 'Your selfless love and devotion to your family are truly inspiring. You're making a difference in their lives.' (Also Read: Nikhil Kamath praises 'Bangalore Boy' Virat Kohli after RCB's thrilling IPL 2025 win)
