Overview
Revenue
Non-Applicable per year
Headquarters
Asia-Pacific (APAC)|Mumbai, Maharashtra, India
Category
Trading Platform
Upstox is one of the fastest growing fin-tech companies in India, today. It was founded as RKSV Securities India Pvt. Ltd., in 2010—a proprietary trading firm focused on a niche clientele. The company was re-branded as Upstox in 2012 and opened to the general public. The offering: zero brokerage on delivery trades and a flat rate of Rs. 20 per intraday order for all other segments. This highly-successful business model won it the trust and backing of renowned industry investors in India, like Mr. Ratan Tata and venture capitalists Kalaari Capital and GVK Davix. As of today, with 1,50,000+ strong client base, the company routinely contributes around Rs. 18,000 crores to the exchanges’ daily notional turnover. Upstox goal was to disrupt the brokerage industry by drastically bringing down costs associated with online stock trading. Upstox is a fin-tech company to allow innovative investment options for its users.
