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date: '2023-08-10' | ||
title: Rainmatter – Perennial investments | ||
tags: [rainmatter] | ||
author: nithin | ||
link: https://twitter.com/Nithin0dha/status/1689559620220559360 | ||
post_type: tweet | ||
description: We started Rainmatter in 2016... | ||
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We started [Rainmatter](https://twitter.com/Rainmatterin) in 2016 to support fintech startups working on helping people do better with their money. So far, we have invested ~ Rs 400 crores in 80 startups. In this journey, we realized that having patient Indian investors backing Indian founders is helpful. We're now allocating Rs 1000 crores more to back entrepreneurs building for India. | ||
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Good businesses cannot be built overnight, something we learned in our journey. So we are perennial investors and stick with the founders for as long as it takes the founders to build a sustainable business. | ||
The upside from our investment goes toward supporting other entrepreneurs and [Rainmatter Foundation](https://twitter.com/RainmatterOrg). | ||
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Check out [this post](https://zerodha.com/z-connect/rainmatter/rainmatter-perennial-investments) for more. |
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date: '2023-08-07 ' | ||
title: The journey of Omnesys | ||
tags: [technology] | ||
author: nithin | ||
link: https://twitter.com/Nithin0dha/status/1688454138953170944 | ||
post_type: tweet | ||
description: The number of things that have to align... | ||
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The number of things that have to align for a business to get off the ground and do well is ridiculous. Zerodha could start with a bare minimum capital and no tech background in 2010 only because [NSE India](https://twitter.com/NSEIndia) offered NOW, a free trading platform built by Omnesys. | ||
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Over the years, Omnesys has changed hands many times, and it's finally back home, where I was invited to open their first office—the circle of life 😬 | ||
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Omnesys was first sold to Thomson Reuters, then to Blackstone-Refinitv, then to the London Stock Exchange, and now back to some of the people who originally built it. They are now called OmneNEST. | ||
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Omnesys is the backend execution management system (EMS) that powers most Indian brokers, including us. |