Nithin Kamath, the co-founder and CEO of Zerodha, has been appointed as a member of the National Startup Advisory Council. This appointment is part of the Indian government’s initiative to strengthen the startup ecosystem in the country.
The National Startup Advisory Council was designed by the Central Government to advise on measures needed to build a strong ecosystem for nurturing innovation and startups in the country. The council aims to drive sustainable economic growth and generate large-scale employment opportunities.
The council includes various stakeholders such as founders of successful startups, veterans who have grown and scaled companies in India, persons capable of representing the interest of investors into startups, and representatives of associations. The term of the non-official members of the Startup Advisory Council is for a period of two years.
Nithin Kamath’s appointment to the council is a significant recognition of his contributions to the startup ecosystem in India. As the CEO of Zerodha, Kamath has played a pivotal role in democratizing investment in India and has been instrumental in the success of one of India’s largest retail stockbrokers.
The council is expected to meet regularly to suggest measures such as fostering a culture of innovation among citizens and students, promoting innovation in all sectors of the economy across the country, including semi-urban and rural areas.
This appointment marks a new chapter in Kamath’s journey and is a testament to his commitment to fostering innovation and entrepreneurship in India. His experience and insights will undoubtedly be valuable to the council and the broader startup ecosystem in the country.
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