Zerodha’s Nikhil Kamath launches ‘WTF Gaming Fund’

“When I was younger, cricket had all our attention, whether it was playing, watching or cheering.. it seems like in the younger generation today, cricket has been replaced with games… It’s been intriguing to see how the gaming landscape has evolved over time.”

Nikhil Kamath, the co-founder of Zerodha has launched “WTF Funding” for entrepreneurs and innovators from the gaming industry. He recently shared this news on X (formerly known as Twitter). 

Last month, Nikhil encouraged gaming leaders and influencers on his WTF podcast to support new talent in the gaming industry with their time and money. Kamath also urged Indian parents to consider gaming a serious career choice for their children.

In this recent post on X, Kamath expressed- “When I was younger, cricket had all our attention, whether it was playing, watching or cheering.. it seems like in the younger generation today, cricket has been replaced with games… It’s been intriguing to see how the gaming landscape has evolved over time.”

Kamth also expressed his interest in supporting developers working in the gaming industry and encouraged them to apply for funding.

Applications for the Gaming Fund are now open. If you or someone you know is creating something in the gaming industry (it doesn't have to be just a game), sign up using the link in the bio," Kamath said.

The gaming fund application: https://t.co/8ljFP3JGHi 

The Gaming Industry

According to Invest India, the Indian online gaming industry is one of the biggest globally, worth $1.6 billion. It leads the world in mobile game app downloads and is expected to grow by 20% by 2025, reaching Rs 231 billion. The industry is predicted to grow at a rate of 33% annually, reaching Rs 25,300 crore by 2027. By 2025, there will be 500 million online gamers in India.

Netizen reactions

Kamath's post has gained over 24K views so far, with a plethora of appreciation towards his support for empowering the growing Indian gaming ecosystem. However, some exceptions were also seen in the reactions towards the initiative.