In this episode, we discuss the business models of discount brokerages such as Robinhood (US) and Zerodha (India). We try and understand how are they different from legacy brokerages by looking at the revenue models and cost structures. We wrap the first part of the discussion with a short take on the future of the brokerage market in India (which is massively underpenetrated) and how can market leaders such as Zerodha compete against newer (& possibly richer rivals and upstarts)
In this discussion, we are joined by Suyash Sengar who brings in a lot of knowledge and perspective on the nuances of the brokerage industry. Suyash is a close friend and has been involved in the fintech industry professionally (and, also keenly follows the domain). We definitely enjoyed his insights and hopefully, you would too!
We round things out with our content recommendations:
