Zerodha now has over 1.6 Cr users without advertising
From Inc42 by Inc42 Staff 5 min read
A real Indian case study of brand and trust built with zero ad spend, proof that product, transparency and word of mouth beat a marketing budget.
- Zerodha grew to crores of users with no advertising
- Roughly a third of users came via referrals from existing customers
- Transparency, a great product, and free education (Varsity) built the brand