ET Startup Awards 2020 | Capital-efficient startups need of the hour

Bengaluru: Recognising a profitable business built with no outside capital, the elite jury of The Economic Times Startup Awards 2020 chose Zerodha, the country’s largest online brokerage, as the winner of the prestigious Startup of the Year award.

The ten-member jury, chaired by Tata Consultancy Services Ltd.’s chief executive officer and managing director Rajesh Gopinathan, during a highly engaging two-and-a-half-hour virtual meeting in August, emphasised the need to reward companies that are capital-efficient.

The shortlist of five candidates in each category was trimmed to two or three after the early rounds, following
which the jurors debated the merits of each to arrive at a final consensus by way of a secret ballot.