What is Upstox's business focus and history?

Upstox, formerly known as RKSV Securities India Private Limited, is a funded company based in Mumbai, India, founded in 2009 by Ravi Kumar, Shrinivas Viswanath, and Raghu Kumar. It operates as a financial services company offering online investments in stocks, derivatives, commodities, currencies, mutual funds, and ETFs. Upstox has raised $4 million in Series A funding from investors including Kalaari Capital and GVK Davix Technologies. The company has 1,294 employees and serves over 1 million customers.

Upstox Corporate Details & Core Services

Upstox is a financial services company offering online investments in stocks, derivatives, commodities, currencies, mutual funds, and ETFs for both professional traders and investors. It provides a high-tech online trading platform with full transparency in pricing, offering zero brokerage on equity delivery trades and up to Rs. 20 per order for intraday, F&O, commodities, and currencies.

Upstox Contact Information & Official Links

Website https://upstox.com
Social        
Email id support@upstox.com
Phone number +91-22-41792999
Head office address Mumbai, Maharashtra, India
Tags online trading discount brokerage trading software low-cost brokerage

What are Upstox's Key Business Metrics & Stats?

No of employees 1294
Founded year 2009
Type private
Industry Financial Services
Location Mumbai, Maharashtra, India
Subsidiary Company rksv.in
Other website rksv.in
Pricing Strategy Zero brokerage on equity delivery trades, Up to Rs. 20 per order for intraday, F&O, commodities, and currencies
Upstox Firmographic Snapshot 2026 2009 Founded Year 1294 Global Employees India Headquarters FinancialServices Industry Private Type Verified by DexterAgent.ai

How much funding has Upstox raised to date?

Name Description
Funding Amount USD 4 Million
Stage Series A
Latest Valuation 0 (USD)
Lead Investor Kalaari Capital
Investors Kalaari Capital, GVK Davix Technologies

What are Upstox's Core Products?

Name Description
Upstox Pro A trading platform for equities, futures, options, commodities, and currencies with powerful charting and execution tools.
Upstox Digital Gold A platform enabling customers to buy 24-karat digital gold of 99.9% purity at live market rates.

What are the latest developments at Upstox?

Date Type Description
July, 2020 Press Release Upstox Registers 1 Million Customers; Aims to Double by December 2020
August, 2020 Press Release Upstox launches Digital Gold: makes investing in gold simple

Upstox VS Zerodha VS Angel One VS Groww : 2026 Comparison

Feature Upstox Zerodha Angel One Groww
Core Strengths Upstox Pro, Upstox Digital Gold Kite, Coin, Console, Varsity Angel One Super App, SmartAPI, Smart Money Stocks, Mutual Funds, ETFs, IPOs, Digital Gold, Futures and Options
Founded Year 2009 2010 1996 2016
Stock Name/Ticker ANGELONE (NSE) GROWW (BSE)
Type private private public public
Global Employees 1294 2855 3823 1400
Revenue (Annual)   $1.1 Billion(2024) $517.2 Million(2025) $384 Million(2024)
Headquarters Mumbai, Maharashtra, India Bengaluru, Karnataka, India Mumbai, Maharashtra, India Bengaluru, Karnataka, India
Latest Valuation $0 $3.6 Billion   $11.5 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Zerodha 1.1 | 2855 Angel One 517.2 | 3823 Groww 384 | 1400 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name RKSV Securities India Private Limited
Cin number U74900DL2009PTC189166
GST number
Registration number U74900DL2009PTC189166

Who is in Upstox's executive leadership team?

Name Designation
CEO Ravi Kumar
Co-founder Shrinivas Viswanath
Co-founder Raghu Kumar

Where are Upstox's primary office locations?

City Country
Mumbai India
New Delhi India

What are the current business signals and market intelligence for Upstox?

Pain points High brokerage fees, Complex trading platforms
Sales motion Online direct sales, Referral programs
Buyer Persona Young investors, Tech-savvy traders
Type of customer Retail Investors, Professional Traders
Key customer domain

What are Upstox's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings
Glassdoor Rating

What are Upstox's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce No
Exporter No
Mobile App Yes
Retail No
B2B No
B2C Yes
Manufacturing No
Wholesale No
Importer No
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