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.
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 10 million customers and is aiming to cross 10 million customers by March 2022.
Upstox is backed by Tiger Global Management, Ratan Tata, Kalaari Capital, Blacksoil Capital, Xceed Investments, GVK Davi, and others. The company raised Rs 50 crore ($6.3M) Series C in a mix of debt and equity round on Aug 26, 2022. This brings Upstox's total funding to $60.3M to date. Upstox was valued at a $3B from their previous financing in Nov 2021.