Upstox

Upstox, an online investment brand of RKSV Securities, is a brokerage firms that offers a fast, reliable & easy-to-use trading platform for traders in Indian stock market.

Upstox was founded with the vision of making financial investing easy, equitable, and affordable to all Indian investors. 

Upstox was founded in 2008 by Shrini Viswanath, Raghu Kumar, and Ravi Kumar. The company is headquartered based in Mumbai, Maharashtra, India.

 

Upstox offers online investments in stocks, derivatives, commodities, currencies, Mutual Funds and ETFs for both professional traders and investors. Its 

 

Upstox ensures that its clients reap the benefits of a high-tech online trading platform and best-in-class services every step of the way-from the time they open an account to executing trades and beyond.

 

Upstox provides excellent trading platform and tools to its customers, which includes Upstox Pro Web, Upstox MF, Upstox Pro Mobile, and Algo Lab etc. Upstox currently has 6 million customers and is aiming to cross 10 million customers by March 2022. 

 

Upstox is backed by Tiger Global Management, Ratan Tata, Kalaari Capital and GVK Davix. The company reportedly raised a $25M in a new round on Nov 25, 2021. The funding will give the company a valuation of $3B post-money.

 

 

  • Year founded: 2008
  • Funding Info: $54M over 3 Rounds of Funding (Last Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Reportedly Valued at $3B as of Nov 25, 2021
  • City/Town: Mumbai
  • State: Maharashtra
  • Country: India
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