What is Zerodha's FOSS fund?

Zerodha, an Indian fintech company, has completed a $1 million annual fund to support Free and Open Source Software (FOSS) projects. The company has announced a second tranche of $675,000 to continue this initiative.

How much has Zerodha's FOSS fund disbursed so far?

Zerodha's FOSS fund has already disbursed $195,000 to projects like Krita and OpenSSL, which are critical open-source tools and applications.

What is Zerodha's CTO advocating for?

Zerodha's Chief Technology Officer, Kailash Nadh, is advocating for the establishment of a sovereign FOSS fund in India to strengthen the country's technological independence and foster innovation.

Home / Technology / Zerodha Expands $1 Million FOSS Fund, Disburses $195,000 to Projects

Zerodha Expands $1 Million FOSS Fund, Disburses $195,000 to Projects

21 Oct

•

Summary

Zerodha completes $1 million annual fund for FOSS projects
Second tranche of $675,000 announced, supporting developer tools and consumer apps
Zerodha's CTO advocates for a sovereign FOSS fund in India

Zerodha Expands $1 Million FOSS Fund, Disburses $195,000 to Projects

As of October 21st, 2025, the Indian fintech firm Zerodha has completed its $1 million annual fund for Free and Open Source Software (FOSS) projects. The company has now announced a second tranche of $675,000 to continue supporting developer tools, consumer apps, and social impact work.

Zerodha's Chief Technology Officer, Kailash Nadh, has been a vocal advocate for the establishment of a sovereign FOSS fund in India. He believes that such a fund would help strengthen the country's technological independence and foster innovation.

The Zerodha FOSS fund has already disbursed $195,000 to various projects, including the popular digital painting software Krita and the widely-used OpenSSL cryptography library. These investments aim to bolster the development of critical open-source tools and applications that benefit both developers and end-users.