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In a surprising move, Nikhil Kamath, the co-founder of Zerodha, has revealed that he has invested a whopping ₹400 crore in Radico Khaitan, a popular liquor company owned by Lalit Khaitan. This investment marks a significant move for Kamath, who has never publicly spoken about his involvement in the liquor industry before.

Radico Khaitan is known for producing a range of spirits, including Magic Moments vodka, 8PM Whisky, Old Admiral brandy, and Rampur single malt, among others. Kamath’s stake in the company is valued at approximately ₹400 crore and was acquired through transactions on the open market.

This news comes as a surprise to many, as Kamath is primarily known for his work in the financial sector with Zerodha. His decision to invest in the liquor industry showcases his diversification strategy and willingness to explore new opportunities.

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