Zerodha’s CEO, Nithin Kamath, highlighted a spike in free Kite API usage after AI coding agents like Claude Code and Codex made app building accessible, even for those with minimal programming skills. — The company stressed that no revenue figure was disclosed for the period, but the uptick in API calls suggests growing adoption across its user base.
Kite APIs allow traders to connect custom applications to Zerodha’s platform, enabling real‑time market data feeds, portfolio tracking, and automated order placement. — The move aligns with a broader industry trend where retail traders are increasingly leveraging APIs to craft bespoke trading dashboards and strategy back‑tests.
While the integration of AI agents reduces the coding barrier, Kamath warned of the inherent risks: faulty code can trigger unintended trades or expose users to regulatory breaches. — Zerodha has reiterated that all API usage must comply with its terms and the overarching market rules.
Looking ahead, the brokerage has not issued a formal guidance update, but Kamath hinted that the next major feature rollout could arrive in the coming months, potentially expanding the API ecosystem. — Investors and traders will be watching for any signals that this tech push translates into higher active user counts or additional revenue streams.