<ul data-eligibleForWebStory="false"><li>Zerodha co-founder Nithin Kamath believes Jio Financial Services' entry into stockbroking does not pose a significant threat to Zerodha.</li><li>Kamath views first-generation founders as the main competition in the broking space, not incumbents.</li><li>Jio's joint venture with BlackRock obtained a broking license from SEBI, with Kamath referring to it as great news.</li><li>Jio has been expanding its services in the fintech market, securing licenses for asset management, advisory, and broking, leveraging its large ecosystem for distribution.</li></ul>

Jio Financial Services Not A Threat To Zerodha: Nithin Kamath

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