Thursday, November 07, 2024

Business

Day after Groww, Zerodha app down for many users during trading hours

Day after Groww, Zerodha app down for many users during trading hours

Many users of the Zerodha stock broker platform face problems with the application on Friday and taken to Twitter to voice their complaints.

Only a day ago, mutual funds and the investment platform stock grow down for some users.

Twitter users mark several problems in the Zerodha application, from it’s slow to show errors in retrieving data.

“Please start the Zerodha server,” someone else is tweeted.

Twitter user named Kshitij Parmar said the Zerodha application did not load or refresh it with Wi-Fi or cellular data connection.

Others suggest that Zerodha improve the server. “Time for Zerodha to raise funds and work on their servers,” Twitter users named Durgesh Nishad.
Some Zerodha users share memes about errors.

Zerodha was founded by Nithin Kamath’s brothers and Nikhil Kamath in 2010. The Bengaluru-marker platform that has now become the largest stock broker house in India.

Nithin Kamath said MoneyControl in October that he wanted Zerodha to become a mutual fund for children who began their investment journey.

“Young children, especially prefer product selection into a simpler process, rather than complex decision-making processes with too many choices,” Kamath said. “There is an opportunity to get this new investor class – 20-30 years – who haven’t started investing or just starting their investment journey. With the number of mutual fund schemes out there, there is already a number of choices for investors who know how to invest.”

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