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Sustain

Episode 257: Kailash Nadh and Zerodha's FLOSS/Fund and funding.json

Nov 22, 2024
Kailash Nadh, CTO of Zerodha and an advocate for open source, dives into the intricacies of funding open-source projects. He discusses the innovative FLOSS/Fund, committing a million dollars annually to vital initiatives. The conversation reveals the new funding.json format aimed at simplifying grant applications and the challenges of international funding from India. Additionally, Kailash addresses the importance of quality over quantity in funding choices and reflects on reviving India’s open-source communities through the FOSS United Foundation.
36:11

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Zerodha's FLOSS/Fund marks a significant shift towards structured annual funding of one million dollars for supporting open source projects globally.
  • The introduction of the funding.json application process facilitates clearer communication of financial needs, encouraging broader engagement from diverse projects.

Deep dives

Introduction to Floss Fund

Zerodha has established a structured fund known as the Floss Fund, aiming to provide one million dollars annually to support open source projects. This fund marks a shift from previously unstructured donations to a more systematic approach to funding. The transition to a defined fund structure took nearly eight months to navigate legal requirements and establish proper logistics. The announcement and commitment to structured funding signify a robust dedication to sustaining open source initiatives, showcasing Zerodha’s effort to be transparent and inspire other companies to do the same.

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