Nikhil Kamath has a '100' funding message for startups: Zerodha co-founder backs post urging startups to raise enough money to stay comfortable for “a year or two” as “next year could be bad”

Zerodha co-founder Nikhil Kamath has shown his support on a social media post that called for startups to raise capital immediately, replying "100" with an emoji to a warning that next year could be a difficult one for fundraising.

The post, shared on X on Thursday night by a user identified as Aravind, advised founders and companies to move quickly. "If you are a startup or a company looking to raise capital. Raise soon. This is probably the best time to do so," he wrote. He urged them to raise enough cash to stay comfortable for "a year or two", to be diligent in spending, and to park the money in liquid assets. He ended with a blunt line: "Next year could be bad."