29 October, 2025

Zerodha’s Nikhil Kamath Joins Nothing’s $200M Round to Power AI Push

Nikhil Kamath Backs Nothing’s $200M Fundraise

Indian investor and Zerodha co-founder Nikhil Kamath has joined consumer tech brand Nothing’s $200 million funding round, backing the company’s big shift toward AI-powered devices.

The London-based startup, founded by Carl Pei in 2020, is best known for its smartphones and audio products that stand out with transparent designs. With this latest funding, Nothing aims to integrate artificial intelligence at the core of its ecosystem, offering users smarter and more personalised experiences.

Kamath’s participation highlights the growing interest of Indians in global consumer technology brands. He joins a group of high-profile backers supporting Nothing’s mission to compete with established players like Apple, Samsung, and Google.

The company has already made waves in the smartphone market with the Phone (2) and ear (2), and it now plans to push AI deeper into both hardware and software. Carl Pei said this funding will help Nothing build “devices that don’t just look different but think differently.”

With the $200M round, Nothing is expected to scale its AI-first strategy, expand R&D, and strengthen its global market presence.

Summary Table

DetailInformation
InvestorNikhil Kamath (Zerodha co-founder)
CompanyNothing (Founded by Carl Pei)
Funding Round Size$200 million
PurposePush AI-first devices and ecosystem
Known ProductsPhone (2), Ear (2), transparent design tech
Use of FundsR&D, AI integration, global expansion
Market CompetitorsApple, Samsung, Google
StrategyAI-first hardware + software innovation