Nithin Kamath cites 4 reasons why Zerodha is not joining IPO bandwagon like other unicorns

Despite a Rs 4,700 crore profit in FY24, Zerodha has avoided an IPO. CEO Nithin Kamath cites reasons like market volatility, unpredictability of future events, and focus on long-term customer-centric decisions. Zerodha is building other verticals to diversify risks and is not in immediate need of funding. The company wants to avoid the burden of investor expectations and maintain its focus on long-term customer-centric decision