Nikhil Kamath, Co-Founder of Zerodha Hosts Podcast With Gaming Industry Giants
Read what 8 Bit Thug and other gaming giants said in Nikhil Kamath's podcast 'WTF'.
In a recent livestream, Animesh Agrawal aka 8Bit Thug, founder and CEO of 8Bit team and co-founder of S8UL Esports talked about several esports organizations closing down due to a lack of long-term vision. Nikhil Kamath, Founder of Zerodha on his YouTube channel hosted a podcast named "WTF" in which apart from Animesh Agrawal he invited Nitesh Mittersain, CEO, of Nazara Technologies, Sean Hyunil Sohn, CEO of Krafton India, and joseph Kim, CEO of Lila Games,
Thug has been a part of the esports scene since 2018 and has contributed immensely to the success of the scene in the Indian arena. He has been very successful in developing several esports organizations such as S8UL Esports, Team 8Bit and 8Bit Creatives.
Animesh talked about his journey from playing games for fun to becoming a professional gamer and content creator. His story demonstrates how gaming is becoming a serious profession in India, supported by platforms like YouTube and Twitch, where gamers can earn money and build careers by streaming their gameplay.
Thug also talked about how S8UL isn't a profitable business for him anymore as it is now because brands are not interested in paying high fees and he doesn't want to disrespect the organization by charging less price.
In another podcast, Nikhil Kamath, with the founders of leading business sectors, discussed business change after COVID-19.
Explaining the impact of COVID on the OYO sector, founder Ritesh Agarwal said, "During the onset of the COVID-19 pandemic, OYO faced significant challenges as it grappled with consolidating its operations. Despite experiencing a drastic overnight reduction of approximately 65% in its business, OYO managed to sustain itself partly through utilizing its margins and partly through external funding. Amidst the pandemic, virtually all industries witnessed an unprecedented surge in demand. Despite the immense difficulties faced during this period, OYO underwent a remarkable transformation, leveraging the adversity of the pandemic to evolve and strengthen its operations."
Adding to it, Manish Poddar said, "With a penchant for risk-taking, I embarked on expanding my small factory into a larger one, envisioning in-house garment dyeing as a crucial addition. I firmly believe that business success requires basic arithmetic skills; if one cannot grasp that 2+2 equals 4, profitability remains elusive. After enduring two years of economic downturn, I conceived the notion of establishing a brand. Recognizing the immense potential of the styling industry in India, we embarked on curating fashion that resonates with the Indian populace.
In India, the concept of smart wear is relatively nascent, and our approach has been to infuse elements of Western influence with Indian cultural nuances. A successful brand, in our view, should encapsulate storytelling, effective design communication, a holistic ethos, and a commitment to uniqueness. We've observed a burgeoning demand for oversized t-shirts in the Indian market, where clothing manufacturing predominates over fashion creation.
Navigating the real estate landscape presented significant challenges for Rare Rabbit, and our choice of fabric, Khadi, is emblematic of our commitment to softness and organic quality. For aspiring entrepreneurs, I recommend exploring opportunities in Khadi, a fabric deeply rooted in Indian heritage. While denim may originate from France and dyeing techniques from America, we pride ourselves on being a brand that refrains from traditional marketing tactics like road shows."
About Nikhil Kamath
Well reckoned to be the ‘Wonder Boy of New India’, Nikhil Kamath has been distinctively bringing the most crucial subjects into a discussion with his podcast, 'WTF is? From being a school dropout to being called India’s Warren Buffett in the making, Nikhil Kamath’s self-made journey is nothing short of inspiring.
Nikhil became a part of the Forbes Billionaires List 2020–2023 and the Self-Made Rich List 2022. Nikhil continues to be the path-breaking investor he is with his dedication to investing in philanthropy on a large scale. He recently became not only the 4th but also the youngest Indian to pledge a majority of his wealth through the Bill Gates and Melinda Gates charity foundation.