Nithin Kamath-led India’s largest stock broking firm Zerodha today announced that it would form a joint venture with fintech platform smallcase to start a new asset management business (AMC).
“While awaiting the final approval of our AMC (mutual fund), we asked if we should build it ourselves or collaborate. Given the 6+ years of experience that smallcase has in building investment products, it made perfect sense to create a joint venture (JV) to build the AMC,” Kamath tweeted ..