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History. Zerodha was founded in 2010 by Nithin Kamath and Nikhil Kamath. The name Zerodha is a portmanteau of words Zero and Rodha (Sanskrit word for barrier).. In June 2020, Zerodha attained a self-assessed valuation of over $1 billion based on ESOP buyback at more than four times the book value of ₹700 per share.