Zerodha's Nithin Kamath loses Rs 2.5 lakh after an employee sheds 30 kgs in a year; here's what happened

Zerodha co-founder and CEO Nithin Kamath has revealed that he lost a ₹2.5 lakh fitness bet to an employee who successfully lost 30 kg over the past year.

Sharing the achievement on X, Kamath reposted an Instagram update by Zerodha content and media strategist Rohit Agarwala and wrote, “I lost a fitness bet, and I’m happy I lost this one.”

In his Instagram post, Agarwala shared a picture with Kamath and wrote, “My biggest flex? That I won ₹2.5L from @nithinkamath on a health challenge.”



He added that the financial reward was not the biggest takeaway from the challenge. “The money is secondary. It’s the push to take care of my health and lose 30kgs in the last year that has been the most rewarding. I don’t think any other place can give you this kind of an opportunity @zerodhaonline,” Agarwala wrote.

In a separate Instagram video, Agarwala explained that he lost 30 kg over the past year after taking part in a workplace fitness challenge.

He said that around six months earlier, he had made a bet with 15 colleagues to reduce his weight from 95 kg to 75 kg by January. The group collectively wagered about ₹1 lakh against him as a way to motivate employees to prioritise their health.

Agarwala admitted that he had struggled with weight loss for years and had found it difficult to regain fitness after putting on weight again. “Becoming fit felt like a dream,” he said.

He credited Zerodha's workplace culture for helping him stay committed to the goal. “My company is very health-focused and it comes from the top. This was the change I needed in my life, which pushed me to take this seriously,” he said.

Agarwala said he began his fitness journey at 104 kg in April. By the time the bet officially started in June, he had already reduced his weight to 95 kg. On January 8, he reached 74.5 kg, beating his target by half a kilogram.

Kamath later reshared the accomplishment on X, saying he was pleased to have lost the bet.

Social media reactions

Kamath's post quickly gained traction on social media, with users praising both the fitness transformation and the company's approach to encouraging healthier lifestyles.

Reacting to the post, one user wrote, “Lost the bet but won at life! Congrats Rohit on the insane 30kg transformation – that's the real victory here. Nithin bhai, best way to lose money ever. This is what health challenges should be about. Massive respect to both of you.”

“Thats amazing! Such kind of moves help people to remain motivated for long time,” commented another.

“Here health benefits are more than the bet amount. Infact, You got much more in return,” wrote a third user.

“Amazing transformation! This is the best kind of bet to lose,” said another.