Dr. Aniruddha Malpani is a Mumbai-based investor who recently accused Zerodha of running a “scam”, find out more about him and his net worth
Aniruddha claimed that the platform blocked him from withdrawing over ₹5 crore daily, despite having a ₹18.46 crore withdrawable balance.
Who is IVF Specialist Dr. Aniruddha Malpani: Biography, age, wife, education and net worth
The Zerodha scam !
They don't allow me to withdraw my own money from their account ,saying the daily limit for withdrawal is Rs 5 crores . They use my money for free !@zerodhaonline
This is unfair @nikhilkamathcio pic.twitter.com/QgEborsDxP— Dr Aniruddha Malpani, MD (@malpani) November 3, 2025
The Zerodha tweet has gone viral, and people are asking me for "tips" on how to get rich .
The answer is boring.
Become a value investor and be patient and let the money compound. pic.twitter.com/QjF5sSQ4fO— Dr Aniruddha Malpani, MD (@malpani) November 4, 2025
As Aniruddha’s posts quickly went viral, Zerodha has still not issued a detailed public statement.
Aniruddha Malpani accuses Zerodha of running a scam
Malpani is a Mumbai-based investor and medical professional who recently accused Zerodha of running a “scam.” He posted screenshots of his Zerodha account on X, with a total value of ₹42.9 crore, including ₹18.46 crore marked as “withdrawable.” He explained how the platform refused to let him withdraw more than ₹5 crore in a single day despite the claims. Malpani called this rule a “scam” and alleged that brokers are effectively earning interest on client funds using risk-control limits.
Aniruddha also questioned why platforms put such caps on investors if the money belongs to the investor and is not under any regulatory freeze or margin requirement. His post immediately triggered thousands of responses from many netizens, traders, and institutional traders debating about Zerodha’s limit.
Aniruddha Malpani biography and age
Dr. Aniruddha Malpani is a senior IVF specialist, healthcare entrepreneur, and angel investor based in Mumbai. Although his exact age is unknown, he is likely in his early 60s and once owned one of India’s first private fertility clinics. He has since gained prominence for his many ventures, including early-stage startups, publishing books on patient rights, and openly challenging unethical corporate practices.
Education
Aniruddha Malpani completed his postgraduate degree in Gynecology from the University of Bombay back in 1986, and later trained in IVF at UCSF in San Francisco. He was also a visiting medical student at Harvard, Johns Hopkins, and Yale, earning one of the most elite academic backgrounds in Indian reproductive medicine.
Wife and children
Aniruddha Malpani is married to fellow doctor Dr. Anjali Malpani, with whom he has three daughters. Anjali is also a fertility specialist, and the couple previously ran India’s first private sperm bank as well as one of the country’s most well-known IVF clinics.
Profession and career
Aside from a successful career in medicine as a senior IVF specialist, Dr. Aniruddha Malpani is an active startup investor. He is known for publicly criticizing ed-tech models and corporate practices that he considers exploitative in nature. Malpani has previously invested in multiple Indian ventures and often speaks about ethics in business, healthcare, and education.
Net worth
Although his exact net worth is not officially disclosed, based on public investment records and earlier interviews, Dr. Aniruddha Malpani likely has an estimated net worth in the range of ₹40–60 crore. This amount excludes medical assets and other private investments.