<ul data-eligibleForWebStory="false"><li>Zerodha CEO Nithin Kamath believes Jio-Blackrock, a joint venture between Jio and Blackrock, won't pose a competitive threat in stock broking.</li><li>Kamath sees primary competition from first-generation founders deeply engaged in broking, emphasizing that having deep pockets doesn't guarantee success in this business.</li><li>Kamath foresees Jio-Blackrock expanding investment participation beyond the top 10 crore Indians, aiming to offer low-risk plans to a broader income group.</li><li>Zerodha is focused on long-term customer relationships, avoiding pushy tactics, and ensuring customers trade less for better odds of success.</li></ul>

'Not A Business Where Deep Pockets Mean A Large Moat': Nithin Kamath On Jio-Blackrock

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