Starts at
Free plan
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by Zerodha · Bengaluru, Karnataka · Since 2019
Open-source newsletter and mailing list manager from Zerodha.
listmonk is a self-hosted newsletter and mailing list manager written by Kailash Nadh (GitHub handle knadh) and listed among Zerodha's open-source apps on zerodha.tech. It ships as one Go binary with a Vue dashboard, and its only hard dependency is a PostgreSQL database (version 12 or later). The code is AGPLv3 licensed, the GitHub repository has close to 24,000 stars, and the project has been maintained since 2018, with a v7 beta available at the time of checking.
It suits Indian companies that already run their own servers or cloud accounts and send a lot of email: fintechs, SaaS products, publishers and D2C brands with large subscriber bases. Because you pair it with your own SMTP relay, such as Amazon SES, the cost of a campaign is essentially the relay's per-email charge plus a small VM. The project site cites a campaign to more than 7 million recipients that peaked at 57 MB of RAM, which tells you how light it is.
The trade-off is that nobody runs it for you. You install, patch, back up Postgres and handle deliverability yourself, or you pay one of the unaffiliated one-click hosts like PikaPods, Elestio or Railway. There is no vendor support desk, no automation journey builder of the kind Mailchimp or Zoho Campaigns sell, and segmentation is written as SQL expressions, which is powerful for a developer and confusing for a marketer.
Buying is simple because there is nothing to buy: listmonk itself has no paid plan, licence fee or GST invoice. Budget instead for hosting, the email relay and a few hours of engineering time each quarter. If your marketing team works without a developer, a hosted Indian tool will be less work; if you have one engineer and a million subscribers, listmonk can cut email spend sharply.
What works well
What to watch out for
Best suited for: Indian startups and fintechs with an engineer who can run a Docker container and Postgres · Publishers and newsletters with lakhs of subscribers who want to avoid per-contact pricing · Companies that must keep subscriber data on their own servers for compliance reasons · Product teams that want one API for both newsletters and transactional emails
Analysing listmonk — pricing, features, reviews and alternatives…
Generated by App Advisor's native engine from this listing's verified data — not a paid placement.
Researched from listmonk's official product pages · updated October 2026.
Lists and subscribers
Campaigns and templates
Sending and deliverability
Analytics
Developer and admin
Every edition as published by the vendor. Prices exclude GST unless stated. Full listmonk pricing breakdown
Open source (self-hosted)
0
free
Ways to implement
Under an hour to install; one to two days including SMTP, DNS and bounce setup
Integrations
Security & compliance
For Indian businesses
Support & learning
2018
In business since
Best choice if you are…
Look elsewhere if you are…
Alternatives, the same vendor's other products and India-first picks.
Starts at
Free plan
Starts at
Free plan
Starts at
USD 149/month · Lite plan, billed annually
Starts at
USD 10/month · Premium, 5,000 contacts, billed monthly
Starts at
Free plan
Starts at
Free plan
listmonk costs nothing to license. It is free and open source under AGPLv3, with no subscriber limit and no paid tier. Your real costs in India are the server or cloud VM that runs it, a PostgreSQL database, and the SMTP relay such as Amazon SES that actually delivers the emails, each billed by those providers.
No. listmonk is not sold, so there is no invoice and no GST from the project itself. If you use a cloud provider, an email relay or a one-click host such as PikaPods or Elestio to run listmonk, those companies bill you and any GST appears on their invoices, not on anything from listmonk.
listmonk does not need a trial because the full product is free forever. Every feature, including the API, bounce handling, SSO and roles, is in the open-source release. You can try the public demo on the listmonk website first, then install it with Docker or the single binary on your own machine to test with real lists.
listmonk is far cheaper at scale because you pay only for hosting and your relay, while Mailchimp charges by contact count in US dollars. Mailchimp, however, is fully managed, has automation journeys, templates and support. Pick listmonk if you have an engineer and large lists; pick a hosted tool if marketers must work alone.
listmonk has no Android or iOS app. It is a web dashboard served by the listmonk binary on port 9000, so you manage lists and campaigns from a browser. The interface works on a phone browser, but heavy tasks like editing templates or writing SQL segments are easier on a laptop.
With listmonk your subscriber data lives in your own PostgreSQL database, on whatever server you choose, including an Indian cloud region. The app supports OIDC single sign-on, user roles and scoped API tokens. Since you host it, patching the server, enabling HTTPS and backing up Postgres are your responsibility.
A developer can get listmonk running in under an hour using the official docker-compose file or the binary with the --new-config and --install steps. Most of the real setup time goes into configuring the SMTP relay, SPF, DKIM and DMARC records, bounce handling and importing existing subscribers, which can take a day or two.
listmonk sends email over SMTP by default, but its messenger feature posts each message as JSON to any HTTP service you register. Community messengers exist for AWS Pinpoint SMS and Google FCM push. For WhatsApp you would need to write or adopt a webhook service that calls a WhatsApp Business API provider.
listmonk has no commercial support team or SLA. Help comes from the official documentation and the GitHub repository, where you can open issues and read past discussions. Indian businesses that want hand-holding usually rely on their own engineers or a managed host that runs listmonk for them.
Yes. listmonk includes a transactional API that sends a templated message to one subscriber on demand, so you can trigger order receipts, password resets or alerts from your app. It uses the same SMTP servers and templates as campaigns, which keeps newsletters and transactional mail in one system.
listmonk is email marketing software by Zerodha, an Indian company from Bengaluru. Open-source newsletter and mailing list manager from Zerodha.
listmonk is free to use.
Yes — listmonk offers a free plan you can start with.
Yes. listmonk is built by Zerodha, headquartered in Bengaluru, Karnataka.
listmonk suits startup, small business, smb buyers looking for email marketing software.
Popular alternatives in email marketing software include Pepipost by Netcore, Zoho Campaigns, Mailmodo. Use App Advisor's compare tool to see them side by side.
listmonk is available as a cloud (SaaS) product, with web access.

Zerodha · Bengaluru, Karnataka · Founded 2010 · 3 products in our catalogue · Indian company
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