Launch · Financial Services

Zerodha secures regulatory approval for corporate bond offerings

By Startup Enthusiast · 26 August 2026

What they do

Zerodha provides an online platform for retail investors to trade stocks, mutual funds, derivatives, and exchange-traded funds

The company received a SEBI license to offer corporate bonds and merchant banking services to its users

This expansion allows Zerodha to facilitate primary bond issues and secondary market trading directly through its Kite interface

Zerodha received a SEBI license to offer corporate bonds on its trading platform.
The company also obtained approval to operate a merchant banking business as of September 2026.
Zerodha plans to launch corporate bond services in the coming months after internal testing.
The platform aims to enable primary public bond issues and secondary trading of listed bonds on Kite.
Zerodha is also looking to expand its services for non-resident Indians following proposed KYC simplifications.

The Indian bond market has grown significantly, reaching approximately 1 million investors in the last year.
Increased market volatility has driven retail consumers to seek higher returns beyond traditional equity investments.
Zerodha is entering a competitive space where nearly 40 firms have received bond platform licenses since 2023.

Zerodha is India's largest broker with over 1.8 crore customers and ₹9 lakh crores in equity assets.
The firm contributes to 15% of daily retail exchange volumes in India.
It pioneered discount broking in India by offering flat fees and transparent pricing models.
The company operates Varsity, a large online stock market education resource, and the TradingQ&A community.
Zerodha has diversified into asset management, lending via Zerodha Capital, and startup investments through Rainmatter.
The platform provides Kite Connect APIs for users to build custom trading and investment tools.