Billionaire Nikhil Kamath drives ₹18 lakh bike with expired insurance in Mumbai

Zerodha co-founder Nikhil Kamath, 37, made waves after he was spotted riding a motorcycle with rumoured girlfriend Rhea Chakraborty in Mumbai last wee

Published on: Aug 19, 2024, 08:25:28 IST

By Sanya Jain

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Zerodha co-founder Nikhil Kamath, 37, made waves after he was spotted riding a motorcycle with rumoured girlfriend Rhea Chakraborty in Mumbai last week. Eagle-eyed internet sleuths have since discovered that the billionaire was riding a bike with expired insurance.

Nikhil Kamath was spotted driving around Mumbai

In videos that went viral two days ago, Nikhil Kamath was seen riding a Suzuki Intruder VZR 1800 ZL2 motorcycle in Bandra. Dressed in a jacket and shorts, and wearing a helmet and a face mask, he was seen chatting with Rhea Chakraborty who rode pillion.

Social media users were quick to notice the bike’s license number and did some digging. One X user discovered that the bike’s insurance had expired last year. The user also revealed that Bengaluru-based Nikhil Kamath, 37, is the bike’s first owner, in response to a query asking whether the billionaire had rented the vehicle in Mumbai. The X user advised Kamath to renew his insurance.

Take a look at the post below:

The VZR 1800 ZL2 Intruder is a powerful motorcycle that falls under Suzuki’s Intruder series, renowned for its cruiser bikes. Also known as the Suzuki Intruder M1800R in some markets, this discontinued model cost between ₹15.95 lakh to ₹16.45 lakhs in India, with the on-road price touching ₹18 lakh.

Information provided by the app CarInfo also reveals that Kamath registered the bike in April 2012 in Bengaluru. Its insurance lapsed in July 2023.

Nikhil Kamath is the co-founder of brokerage firm Zerodha. He and his brother Nithin Kamath established Zerodha in 2010, following which Nikhil Kamath became the youngest billionaire in India. The 37-year-old also co-founded asset management company True Beacon In 2020. In addition to his roles at Zerodha and True Beacon, he also hosts a popular podcast.

(Also read: ‘Ather has sh*t marketing, but…’: Nikhil Kamath reveals he didn't get discount on EV scooter)

ABOUT THE AUTHOR
Sanya Jain
Sanya Jain is an Assistant Editor with Hindustan Times Digital. She has nearly a decade of experience in covering offbeat stories that speak to the everyday experience - from viral videos to human interest copies that spark conversation. Her interests stretch across business, pop culture, social media trends, entertainment and global affairs. Before joining Hindustan Times, Sanya spent two years with Moneycontrol and five years with NDTV. She holds an undergraduate degree in English literature from St Stephen’s College, Delhi, and a master’s in journalism from the Xavier Institute of Communications, Mumbai. Sanya has a sharp eye for spotting emerging trends and looking for newsworthy angles to elevate viral posts into meaningful narratives. She was the first one, for example, to cover Narayana Murthy’s remark on 70-hour work weeks that sparked a national conversation. She is equally at ease writing about business leaders as about the common man, about issues of national importance and memes that amuse social media. Sanya enjoys speaking with content creators, newsmakers and entrepreneurs to transform everyday moments into engaging, slice-of-life stories that resonate with readers. When she is not working, Sanya can be found curled up with a good book. Born and raised in Lucknow, she has spent the last several years in Delhi. She is deeply interested in animal welfare and now spends a lot of her time running after her destructive orange cat.Read More

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