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India’s Zerodha Gets Merchant Banking Permit as IPO Market Booms

1 source ·1 article ·1h ago

A unit of Zerodha Broking Ltd., India’s second-largest broker founded by billionaire Nithin Kamath, secured a merchant banking license as the nation’s booming equity capital market draws new entrants seeking a share of record fees.

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Bloomberg 1

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Bloomberg Markets ·1h ago

India’s Zerodha Gets Merchant Banking Permit as IPO Market Booms

A unit of Zerodha Broking Ltd., India’s second-largest broker founded by billionaire Nithin Kamath, secured a merchant banking license as the nation’s booming equity capital market draws new entrants seeking a share of record fees.