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FUNDING

$1 million FLOSS fund

Zerodha launches a $1 million annual fund for open source projects.
One of the goals of the funding. json ‘experiment’ is to provide a way to identify funding requirements of FOSS projects.

Financial services company Zerodha has announced a $1 million annual fund to support Free/Libre and Open Source Software projects around the world. The initiative, named the FLOSS/fund, will provide $10,000 to $100,000 per project annually.

Zerodha CTO Kailash Nadh acknowledged the company had built a commercially successful business “on top of FOSS”, so it was time to “shut up or put up”.

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Linux Format
December 2024
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LINUX FORMAT
LINUX FORMAT
The #1 open source mag Future Publishing Limited, Quay
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