Zerodha Gets SEBI Nod For Merchant Banking, To Focus On New-Age IPOs

Stockbroking major Zerodha has received SEBI’s approval to operate as a merchant banker through its wholly owned subsidiary Zerodha Corporate Advisors Pvt Ltd. The approval comes months after Zerodha applied for a Category I merchant banking licence through the subsidiary. “SEBI has granted the merchant banking registration to Zerodha Corporate Advisors.