Zerodha CEO Loses ₹2.5 Lakh Fitness Bet to Employee Who Lost 30 kg

Zerodha co-founder and CEO Nithin Kamath revealed on June 18, 2026, that he lost a ₹2.5 lakh fitness bet to employee Rohit Agarwala, who successfully shed 30 kilograms over the past year. Kamath shared the news on X, posting a picture with Agarwala and writing, "I lost a fitness bet, and I’m happy I lost this one." The bet was part of a workplace health challenge at Zerodha, where employees wagered money to encourage colleagues to improve their fitness.

Agarwala, a content and media strategist at Zerodha, documented his transformation on Instagram, stating, "My biggest flex? That I won ₹2.5L from @nithinkamath on a health challenge." However, he emphasized that the monetary reward was secondary to the health benefits. "The money is secondary. It’s the push to take care of my health and lose 30kgs in the last year that has been the most rewarding. I don’t think any other place can give you this kind of an opportunity @zerodhaonline," he wrote.

In a separate Instagram video, Agarwala detailed his journey, revealing that his weight dropped from 104 kg to 74.5 kg. He noted that he started his fitness journey at 104 kg in April and by June, when the bet began, he had already reduced to 95 kg. The bet, involving 15 colleagues with a group wager of about ₹1 lakh, set a target of reaching 75 kg by January. Agarwala surpassed this goal, weighing 74.5 kg on January 8. He credited Zerodha's health-focused culture for supporting his transformation, saying, "My company is very health-focused and it comes from the top. This was the change I needed in my life."

The story resonated widely on social media, with users praising both Kamath and Agarwala. Many described it as "the best kind of bet to lose." One comment read, "Lost the bet but won at life! Congrats Rohit on the insane 30kg transformation – that's the real victory here." Another user noted, "Here health benefits are more than the bet amount." The exchange was widely seen as an example of how workplace incentives can foster personal well-being beyond professional goals.