Nikhil Kamath with Carl Pei. (Photo: Nikhil Kamath/X) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Zerodha co-founder Nikhil Kamath invested $21 million in London-based technology company Nothing, marking one of the largest individual bets by an Indian entrepreneur in the consumer electronics space. This is a part of as part of the recent USD 200 million fundraise by the smartphone company.
Kamath said that the investment was done in the company at a valuation of USD 1.3 billion.
Nothing has recently announced securing USD 200 million in a funding round in mid-September primarily for the development of next phase Consumer AI technology at the company.
Kamath said that his criteria for investment in the company comprised design of the devices as it grabs attention, wh