Archive · 14 Aug 2025
Zerodha Launches Kite Backup for Trading Platform
Zerodha, a trading platform, created Kite Backup, a way to trade even if their regular website and app aren't working.
If the main systems have problems, customers can still manage their trades.
The new system uses WhatsApp to help users cancel orders and close their positions.
Nithin Kamath, the founder of Zerodha, explained that this is a safety measure.
It's meant to keep things running smoothly, because trading systems can sometimes have issues.
This backup ensures that users can still manage their investments when there are technical difficulties.
Zerodha launched Kite Backup, an emergency trading model.
The model uses WhatsApp for canceling orders and exiting positions during outages.
The move aims to provide an additional safeguard for clients.
Nithin Kamath, Zerodha's founder, announced the new feature.
Kite Backup addresses potential accessibility issues with trading platforms.
- Who
- Nithin Kamath, founder of Zerodha, and Zerodha's clients.
- What
- Zerodha launched Kite Backup, an emergency trading model.
- When
- August 14, as announced by Nithin Kamath.
- Where
- On the Kite trading platform.
- Why
- To provide an additional safeguard for clients and to address potential accessibility issues.
- Company
- Zerodha
- Product
- Kite Backup
- Purpose
- Emergency trading model
- Primary Tool
- Function
- Cancel orders, exit positions
- Announced by
- Nithin Kamath