Zerodha plans to offer US stock investment via GIFT City

28 Oct 2025, 01:51 PM

This is significant as Zerodha has stayed away from the US investment product even as many other brokerage firms offer the facility.

Team Head&Tale

Brokerage platform Zerodha will allow its customers to trade in US stock market via GIFT City beginning next quarter.

The plan has been under development for multiple years but faced delays due to regulatory hurdles and complexities surrounding cross-border payment mechanisms, said Nithin Kamath, CEO and founder, Zerodha, in an Ask Me Anything session with Zerodha founders and top management on YouTube.

This is significant as Zerodha has stayed away from the US investment product even as many other brokerage firms including Angel One, Axis Direct and JM Financial offer the facility.

Kailash Nadh, CFO, Zerodha, added that  the company has overhauled its backend infrastructure to ensure a seamless user experience.

The decision also comes as the company faced pressure on its financials in the fiscal year ended March 31, 2025.

The company's revenue fell to Rs 8,500 crore in FY25 from around Rs 10,000 crore in FY24. Its net profit also declined to Rs 4,200 crore during the financial year from Rs 5,500 crore in the previous fiscal.

Launched in 2010 by brothers Nithin and Nikhil Kamath, the Bengaluru-headquartered brokerage has maintained its bootstrapped status. In the recent years, it is also facing stiff competition from new age venture backed stock broking companies like Groww and Dhan.

Who Reads Us

I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest,  and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.

Rahul Chari, Co-Founder and CTO, PhonePe
Rahul Chari Co-Founder And CTO, PhonePe

Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.

Rishi Gupta, MD & CEO, Fino Payments Bank
Rishi Gupta MD & CEO, Fino Payments Bank

The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.

Lizzie Chapman, co-founder, ZestMoney
Lizzie Chapman Co-founder, ZestMoney

What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.

Mohit Bedi, co-founder, Kiwi
Mohit Bedi Co-founder, Kiwi

I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.

Cofounder of IPO-bound leading fintech lending company
Cofounder of IPO-bound leading fintech lending company