A Mumbai-based investor has accused popular online brokerage firm Zerodha of running a “scam” after he was allegedly unable to withdraw over Rs 5 crore from his demat account.
According to the post, Dr Aniruddha Malpani had Rs 18 crore in his withdrawable balance.
Dr Malpani, an in-vitro fertilization specialist and an angel investor, posted screenshots of his Zerodha account on X. The images showed the total account value at Rs 42.9 crore, a used margin of about Rs 24.46 crore locked in trades, and a withdrawable balance of Rs 18.46 crore. He said the platform had restricted him from withdrawing more than Rs 5 crore in one day.
Aniruddha Malpani Net Worth
Net worth of Aniruddha Malpani is not disclosed.
Aniruddha Malpani Byju
— Dr Aniruddha Malpani, MD (@malpani) July 27, 2025
Anirudh Malpani Twitter
Anirudh Malpani Twitter link is https://x.com/Malpanii
Anirudh Malpani LinkedIn
Anirudh Malpani’s LinkedIn profile has been blocked 5 years ago.
Anirudh Malpani Daughter
Anirudh Malpani has 3 Daughters.
Anirudh Malpani Educational Qualification
Dr. Anirudh Malpani completed his postgraduate degree in Gynecology from the University of Bombay in 1986 and further training in IVF from UCSF, San Francisco, and U.S.A. He was a medical student at Harvard, Johns Hopkins and Yale.
Anirudh Malpani Zerodha Scam
A screenshot from the Zerodha app that Dr Malpani shared pointed out, “A maximum of Rs 5 crores can be withdrawn per day. For instant withdrawal the request should be in between Rs 100 and Rs 2,00,000 per day.
The withdrawal limit is subject to the availability of the withdrawable balance in the trading account.”
These are the type of problems that I need in life. https://t.co/cEMeHrj3Tq
— Akshay Saini (@akshaymarch7) November 3, 2025
