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Zerodha founder Nithin Kamath secures 2023 CK Prahalad Next Practice Entrepreneur Award


CK Prahalad Foundation, the CSR arm of TVS Capital Funds, selected Nithin Kamath as the 2023 CK Prahalad Next Practice Entrepreneur in recognition of his achievements in building Zerodha as an exemplary organisation.

The aim of the Foundation is to promote and encourage Prof CK Prahalad’s visionary idea of “next practices”. In addition to the memorial oration, the Foundation also recognises successful next generation entrepreneurs who exemplify practising the thoughts and teachings of Prof CK Prahalad.

This year, the jury comprised of Prof. M S Krishnan (Accenture professor of computer information system at Ross Business School, University of Michigan), Narayan Ramachandran (Ex-Head of Morgan Stanley, India), M R Rangaswamy (Founder, Indiaspora and Sand Hill Group), D Sundaram (Lead Independent Director, Infosys) and Lakshmi Narayan (Ex CEO and Vice Chairman, Cognizant).

The jury identified Zerodha’ s committed mission to do right by the customer by going beyond just being a trading platform, and treating all customer as the same with similar fee slabs and services levels as some of the next practices resonating with the teachings of Prof CK Prahalad.’
Nithin Kamath said in a statement that he was honoured to receive this award. He also said that he is excited by the concept of funds like TVS Capital Funds where Indian capital pools are backing India entrepreneurs, which India missed out in the last 10-15 years, and it was one of his motivations to grow Zerodha as it can help this happen at a large, democratised scale which will lead to wealth creation in this country and help with inclusive growth.

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