Upstox Unicorn
Upstox is India's fastest-growing retail broking platform offering online investments in stocks, derivatives, commodities, currencies, mutual funds, and ETFs; it pioneered commission-free equity delivery trading and charges up to Rs 20 per order for other products.
Upstox: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 25 Nov 2021 | Series C | $25 Mn (Rs 185 Cr tranche) | Tiger Global Management | source |
| 24 Sep 2019 | Series B | $25 Mn | Tiger Global Management | source |
| 12 Feb 2016 | Series A | $4 Mn | Kalaari Capital GVK Davix Technologies | source |
News on Upstox
No coverage of Upstox linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on Upstox
Who founded Upstox?
Upstox was founded by Ravi Kumar, Raghu Kumar, Shrinivas Viswanath, Kavitha Subramanian in 2009.
How much funding has Upstox raised?
Upstox has raised $54 Mn across 3 tracked funding round(s), most recently on 2021-11-25. Figures are compiled from cited public sources.
Who are the investors in Upstox?
Investors in Upstox include Tiger Global Management, Kalaari Capital, GVK Davix Technologies.
What does Upstox do?
Upstox is India's fastest-growing retail broking platform offering online investments in stocks, derivatives, commodities, currencies, mutual funds, and ETFs; it pioneered commission-free equity delivery trading and charges up to Rs 20 per order for other products.
Where is Upstox headquartered?
Upstox is headquartered in Mumbai, Maharashtra, India.
What is Upstox's business model?
Upstox's core value proposition centers on Affordable, flat-fee trading, Accessible mobile-first platform, Simple, goal-based experience.
How does Upstox make money?
Upstox's cited revenue streams include Brokerage / commission income, Depository operations, Management services & other operating income, Insurance distribution.