Skip to content
Join Telegram
SwadeshiEra
  • Home
  • About
  • CategoriesExpand
    • Aerospace IndustriesExpand
      • Paras Defence and Space Technology | Paras Defence Wiki.
    • Agriculture IndustriesExpand
      • India Pesticides Limited | IPL Wiki | IPO Review.
    • Automobile IndustriesExpand
      • CarTrade Tech Limited IPO | CarTrade Tech Wiki.
    • Chemical IndustriesExpand
      • Clean Science and Technology Limited | Clean Science Wiki.
      • Tatva Chintan Pharma Chem Limited | Tatva Chintan Pharma Wiki.
    • Fashions & Cosmetics IndustriesExpand
      • “Aditya Birla Fashion & Retail: A Journey Through India’s Fashion Empire”
      • Bewakoof Success Story | Bewakoof.com Wiki.
      • Investing in Mamaearth: Supporting Safe and Sustainable Parenting Solutions
      • Boat Lifestyle Brand | Boat Audio Wiki.
      • FSN E-Commerce Ventures | Nykaa Wiki.
      • Go Fashion | Go Colors Wiki.
      • Wildcraft Private Limited | Wildcraft Wiki.
    • Financial or FinTech IndustriesExpand
      • Aditya Birla Sun Life AMC Limited | Aditya Birla Sun Life Wiki.
      • ‘Bharat Pe’ Wiki | Payment App.
      • CRED FinTech Startup | CRED Startup Wiki.
      • Policybazaar Wiki | PB Fintech limited
      • Star Health & Allied Insurance: India’s Leading Health Insurance Provider
    • Food IndustriesExpand
      • Amul ( Anand Milk Union Limited) | AMUL Wiki.
      • Britannia Industries Limited | FMCG, Wiki.
      • Balaji Wafers Private Limited | Balaji Wafers Wiki.
      • Devyani International Limited | Devyani International Wiki.
      • Dodla Dairy Limited | Dodla Dairy Wiki.
      • Gopal Namkeen Private Limited | Wiki | Success Story.
      • Haldiram’s Foods International Pvt. Ltd. | Haldiram’s Wiki.
      • Parle Products Pvt Ltd | Parle-G Wiki.
      • Ravalgaon Sugar Farm Limited | Ravalgaon Chocolate Wiki.
      • Swiggy : Food Delivery in India | Swiggy Wiki.
      • Zomato Food Delivery | Zomato Startup Wiki.
    • Internet & Data IndustryExpand
      • Latent View Analytics | LatentView Wiki.
      • Oyo Rooms | Oyo Wiki.
    • Investment IndustriesExpand
      • CoinDCX Crypto Exchange | Coindcx Wiki.
      • Upstox Discount Broker | Upstox Wiki.
      • WazirX Crypto Exchange | Wazirx Wiki.
    • Manufacturing IndustriesExpand
      • “Investing in Innovation: Hi-Green Carbon’s IPO Story”
      • Tega Industries Limited | Tega Industries Wiki.
      • Revolutionizing Waste Management: Organic Recycling Systems Limited
    • Metal IndustriesExpand
      • Shyam Metalics and Energy Limited: India’s Premier Integrated Metal and Ferroalloys Company
    • Pharmaceutical IndustriesExpand
      • Bharat Biotech International Limited | Covaxin Vaccine | Wiki.
      • Glenmark Life Science | Glenmark Life Science Wiki.
      • MedPlus Health Services: Delivering Quality Healthcare at Your Doorstep
      • PharmEasy: Revolutionizing Healthcare in India
      • Tarsons Products Limited: Pioneers in Labware Manufacturing in India
      • Windlas Biotech: Leading India’s Pharmaceutical Innovations
  • Blog
  • Contact Us
SwadeshiEra

Upstox Discount Broker | Upstox Wiki.

Upstox logo


Upstox Discount Broker.


Type-  Private.

Industry- Investment & Finacial.

Category- Service.

Founded- 2009.

Headquarters- Mumbai.

Area served- India.


Key people- Raghu Kumar, Ravi Kumar, and Shrinivas Viswanath

Products- Equity Shares, IPO, Digital Gold, And Mutual Fund.

Number of employees- 668

Website- https://upstox.com/

Upstox is India’s leading financial services company and it is a Discount trading broker which gives you Equity trading, Derivatives trading, and Future & Options trading platform. The company was founded in 2009 by Ravi Kumar and Shrinivas Viswanath. Its headquarter is located in Mumbai, India. Upstox holds membership with BSE, NSE, MCX, and MCX-SX.

Table of Contents

  • History-
  • Services offered by Upstox-
  • Investors and Holdings-
  • Upstox Account Opening-

History-

Upstox founders
Credit-Upstox

The RKSV financial services company Founded in 2009 with an idea to make trading easier and cheaper. RKSV stands for founder members  Ravi Kumar, and Shrinivas Viswanath. The trading platform opened to the general public in 2012. In 2014, RKSV hit the 4000 Crore trading turnover by investing their regular client’s funds in NSE India. It contributed over 1% of trade turnover at the NSE.

In 2016, RKSV changed the brand name of its trading company to Upstox with a big focus on mobile and powerful trading platforms for Indian people.

The company raised the fund through a Series A round of funding from its lead investors Kalaari Capital, Ratan Tata, GVK Davix. This fund helped them to accelerate technology rollout and operations.

In 2019, Upstox raised US $ 25 million from its second round of institutional funding from Tiger Global Management. The company used all the funds to expand its business network and improve the trading platform. Upstox also launched an E-Adhaar account opening service and it makes the process of trading easier, faster, paperless, and efficient.

On 25 Nov 2021, Upstox joined the Unicorn clubhouse with a fresh round of funding led by the US investment giant Tiger Global. After this funding round, Upstox valuation expects to be in the range of $ 3-3.5 billion. Upstox is the 40th startup to enter India’s unicorn club.

Services offered by Upstox-

Upstox is a service-based company. It is India’s largest discount broker platform for new age group traders. The company offers free trading accounts and free trading in equity delivery segments. Trading in commodities, futures & options, equity intraday, and currency derivatives is available through a Upstox pro platform. It’s a chargeable service for the traders.

Upstox is compatible with web or desktop, mobile app, and iOS apps and it gives you different Investing portfolios such as equity shares, mutual funds, digital gold, F&O, and IPO (Initial Public Offering). Upstox 98.5% of trade orders are received from the web and mobile apps.

The company trading software is built in-house by RKSV to make it simple for users to place orders. The platform is built in Omnesys Nest order management system (OMS) and Omnesys Nest risk management system (RMS).

Investors and Holdings-

Upstox investors
Credit-Upstox

The company is backed by a group of investors including Ratan Tata, GVK Davix, and Tiger Global Management, and Kalaari Capital.

Holding-

  • Tiger Global management holds 31.1% stakes in Upstox.
  • Kalaari Capital Partners have a 15.1% stake.
  • GVK Davix Technology holds 2.54% stakes.
  • Ratan Tata also holds around 1.33% stakes in Upstox.
  • The remaining 50% stakes are held by the promoters of the company which includes Mr Ravi Kumar and Mr Shrinivas Viswanath (RKSV) as of Jan 2020.

Upstox Account Opening-

Account Opening on the Upstox platform is available online, there isn’t any offline service availability, not yet. Users can open a Demat account simply by uploading the required documents.

Upstox Demat AMC (Annual Maintenance Charges) is Rs 300 per year.

Opening Process-

  • Request a Call Back from Upstox or visit the website, upstock.com
  • Enter your email address and mobile number.
  • Verify your contact details through OTP verification.
  • Upstox account opening charges are Rs 293 including other changes, you have to pay Rs 293 through UPI or another payment mode.
  • Upload your Id proof, income proof, signature, and photograph.
  • PAN card, Adhaar Card, Cancel Cheque, and Bank statements.
  • It can take up to 48 Hrs for the generation of a user’s credentials and passwords. After post-application completion, the user receives a password & ID through an email then the user simply logs in and starts trading by using all of the features of the Upstox platform.
  • App download link.

Register Office
 

Address- 30th floor, Sunshine towers, Senapati Bapat Marg, Dadar(west)

                
 City- Mumbai

 
 State- Maharashtra

 
 Pin Code- 400013

 
Email- support@upstox.com


 Tel.No-0 22 4179 2999;

022 6904 2299;

022 7130 9999

 
Web Site- https://upstox.com/

Management
 

Ravi Kumar

Co-Founder

 
 

Shrinivas Viswanath
Co-Founder

 
 

Kavitha Subramanian

Co-Founder

 
 

Puneet Maheshwari

Director



Industry Info
 
 

Type- Private
 


Founded-
2009
 
 

Area Served- India
 
 

Parent- RKSV
 
 


 
 

Details
 
 

BSE: NA

 
 
 NSE: NA
 
 

Series- NA
 
 

ISIN: NA
 
 
 
 


Grid

Categories

“Revving Up Your Investment Portfolio: India’s Best Automobile Companies and Their Stocks”

India's Best Automobile Companies are the powerhouse of innovation and growth, making it an attractive destination for investors seeking to ...
Read More
Categories

“Electrifying India’s Roads: A Comprehensive Overview of the Electric Vehicle Car Market in 2023”

Introduction The electric vehicle (EV) market in India is witnessing significant growth in 2023, driven by a multitude of factors ...
Read More
UPI Payment
Tech Industries

The Evolution and Impact of UPI Payments: Pioneering India’s Digital Economy and Inspiring Global Adoption

In the realm of digital finance, few innovations have been as transformative as India's Unified Payments Interface (UPI) system. Launched ...
Read More
Fintech Unicorn Startups
Financial or FinTech Industries

“Rising Fintech Unicorns: Bharat Pe, Cred, CoinDCX, Groww, and Zeta Shine in 2021”

In the dynamic world of startups, a "Unicorn" is a privately held company valued at over $1 billion. Coined in ...
Read More
Blockchain Technology Startups in India
Tech Industries

India’s Emerging Blockchain Technology Startups

Blockchain technology is a decentralized, distributed and public ledger consisting of all records in form of blocks, that are linked ...
Read More
E-RUPI vouchers
Financial or FinTech Industries

What is E-RUPI Payment Service, How to Used it

The E-RUPI is a digital payment service, which can be created by an E-voucher. It’s based on the QR code ...
Read More
Facebook Twitter Instagram Telegram Pinterest
  • About
  • Privacy Policy
  • Disclaimer
  • Terms & Conditions
  • Swadeshi Products List | Indian Brands List | Vocal For Local.

© 2023 SwadeshiEra - WordPress Theme by Kadence WP

Table of Contents

×
  • History-
  • Services offered by Upstox-
  • Investors and Holdings-
  • Upstox Account Opening-
→ Index
Scroll to top
  • Home
  • About
  • Categories
    • Aerospace Industries
      • Paras Defence and Space Technology | Paras Defence Wiki.
    • Agriculture Industries
      • India Pesticides Limited | IPL Wiki | IPO Review.
    • Automobile Industries
      • CarTrade Tech Limited IPO | CarTrade Tech Wiki.
    • Chemical Industries
      • Clean Science and Technology Limited | Clean Science Wiki.
      • Tatva Chintan Pharma Chem Limited | Tatva Chintan Pharma Wiki.
    • Fashions & Cosmetics Industries
      • “Aditya Birla Fashion & Retail: A Journey Through India’s Fashion Empire”
      • Bewakoof Success Story | Bewakoof.com Wiki.
      • Investing in Mamaearth: Supporting Safe and Sustainable Parenting Solutions
      • Boat Lifestyle Brand | Boat Audio Wiki.
      • FSN E-Commerce Ventures | Nykaa Wiki.
      • Go Fashion | Go Colors Wiki.
      • Wildcraft Private Limited | Wildcraft Wiki.
    • Financial or FinTech Industries
      • Aditya Birla Sun Life AMC Limited | Aditya Birla Sun Life Wiki.
      • ‘Bharat Pe’ Wiki | Payment App.
      • CRED FinTech Startup | CRED Startup Wiki.
      • Policybazaar Wiki | PB Fintech limited
      • Star Health & Allied Insurance: India’s Leading Health Insurance Provider
    • Food Industries
      • Amul ( Anand Milk Union Limited) | AMUL Wiki.
      • Britannia Industries Limited | FMCG, Wiki.
      • Balaji Wafers Private Limited | Balaji Wafers Wiki.
      • Devyani International Limited | Devyani International Wiki.
      • Dodla Dairy Limited | Dodla Dairy Wiki.
      • Gopal Namkeen Private Limited | Wiki | Success Story.
      • Haldiram’s Foods International Pvt. Ltd. | Haldiram’s Wiki.
      • Parle Products Pvt Ltd | Parle-G Wiki.
      • Ravalgaon Sugar Farm Limited | Ravalgaon Chocolate Wiki.
      • Swiggy : Food Delivery in India | Swiggy Wiki.
      • Zomato Food Delivery | Zomato Startup Wiki.
    • Internet & Data Industry
      • Latent View Analytics | LatentView Wiki.
      • Oyo Rooms | Oyo Wiki.
    • Investment Industries
      • CoinDCX Crypto Exchange | Coindcx Wiki.
      • Upstox Discount Broker | Upstox Wiki.
      • WazirX Crypto Exchange | Wazirx Wiki.
    • Manufacturing Industries
      • “Investing in Innovation: Hi-Green Carbon’s IPO Story”
      • Tega Industries Limited | Tega Industries Wiki.
      • Revolutionizing Waste Management: Organic Recycling Systems Limited
    • Metal Industries
      • Shyam Metalics and Energy Limited: India’s Premier Integrated Metal and Ferroalloys Company
    • Pharmaceutical Industries
      • Bharat Biotech International Limited | Covaxin Vaccine | Wiki.
      • Glenmark Life Science | Glenmark Life Science Wiki.
      • MedPlus Health Services: Delivering Quality Healthcare at Your Doorstep
      • PharmEasy: Revolutionizing Healthcare in India
      • Tarsons Products Limited: Pioneers in Labware Manufacturing in India
      • Windlas Biotech: Leading India’s Pharmaceutical Innovations
  • Blog
  • Contact Us