Zerodha, India's largest stock broker, trusts ERPNext
Learn how Zerodha, India's top stock broker, optimizes operations with ERPNext. Discover their secret to success and unlock your business potential today!
📖 Story of Zerodha
Zerodha, a 9-year-young startup, began with just 5 people and has now grown to over 1300 employees. Originating from Zero + Rodha (meaning barriers in Sanskrit), Zerodha aims to break down trading barriers. Since its inception in 2010, Zerodha has introduced numerous innovations to India's broking industry, from low trading rates to beautiful UX platforms, offering customers the best trading experience.
📈 Key Features
- India's first 'discount brokerage' firm
- Flat fee of ₹20 (~ $0.3) for every trade
- Disrupted the Indian brokerage industry with user-friendly platforms and pricing
- Introduced Varsity, a popular learning module, and Trading Q&A forum
- Products include Kite, Console, Coin, Kite Connect API, Varsity mobile, Sentinel
🔧 ERPNext at Zerodha
Zerodha integrated ERPNext to manage HR processes efficiently. With ERPNext's flexibility, it handles:
- 1.5 billion General Ledger entries
- 9 billion invoice items
- 4-5 million database records daily
- 2 million customers installed on ERPNext
💼 Impact on Zerodha
ERPNext streamlined HR processes into standard workflows, enabling rapid adaptation to evolving business needs. Frappe framework empowered the development of internal microservices, ensuring consistency in UI/UX across applications.
💬 Testimonial
"ERPNext powers our core business, from ledgers to HR systems. It has scaled well to our volumes with continuous improvement. Combined with a sleek UI, ERPNext + Frappe apps have enhanced our processes." - Vinay Kumar C, AVP Technology
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