How Zerodha Turned Refusals Into a Business audio documentary cover
Business 21 min

How Zerodha Turned Refusals Into a Business

The broker that never advertised, and what saying no actually bought it

India's largest stockbroker has never run an advertisement, hired a sales force, or taken a rupee of outside money. This is where that saved money went instead, and what fifteen years of refusals actually purchased when the regulator finally moved against its one source of revenue.

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