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  • Ratan Tata-backed Upstox breaks even in FY23, aims for 10x growth in user base May 14, 2023 03:42 PM IST

    Ratan Tata-backed Upstox breaks even in FY23, aims for 10x growth in user base

    The company, which also counts Tiger Global among its external investors, is aiming for a 10-times jump in its customer base to 10 crores in the next five-six years, its co-founder and chief executive Ravi Kumar said.

  • Wealthtech startup Fisdom to foray into asset management space May 18, 2023 02:23 PM IST

    Wealthtech startup Fisdom to foray into asset management space

    The startup is looking to launch a PMS license initially for its High Net Worth Individual (HNI) customers, which will be accessible through its Fisdom Private Wealth platform.

  • Tiger Global-backed Upstox grows faster than Zerodha for third straight year, achieves breakeven April 24, 2023 12:20 PM IST

    Tiger Global-backed Upstox grows faster than Zerodha for third straight year, achieves breakeven

    However, the growth in its operating revenue was on a smaller base than Zerodha, which has also reported a net profit of close to Rs 2,100 crore for FY22.

  • Upstox trading platform down for an hour, users complain of losses September 26, 2022 01:06 PM IST

    Upstox trading platform down for an hour, users complain of losses

    Users flocked to social media sharing their inability to trade using Upstox. Clients of the company also complained of losing their money and a loss of opportunity to trade on a day when the market has shown big moves on the downside.

  • Upstox raises funds from cricketer Shikhar Dhawan, footballer Larry Fitzgerald September 16, 2022 11:14 AM IST

    Upstox raises funds from cricketer Shikhar Dhawan, footballer Larry Fitzgerald

    The additional investments follow Upstox’s Series C round of $108 million in November 2021

  • Paytm Money increases brokerage charges for new users to Rs 15 August 05, 2022 10:08 AM IST

    Paytm Money increases brokerage charges for new users to Rs 15

    The company said in a mail that prices will remain unchanged for existing users at zero for stock delivery and Rs 10 per intraday of F&O order executed.

  • Zerodha, Upstox restore services after brief outage June 21, 2022 01:23 PM IST

    Zerodha, Upstox restore services after brief outage

    "Cloudflare network is back to normal and all sites are functional now," Zerodha tweeted.

  • Upstox reaches a user base of 10 million, surpasses Zerodha May 04, 2022 11:31 AM IST

    Upstox reaches a user base of 10 million, surpasses Zerodha

    Upstox’s active user base stands at 5 million, while Zerodha’s is at 6.2 million of its total 9 million users

  • LIC IPO: How to apply online on Zerodha, Paytm, Upstox, Groww May 04, 2022 12:47 PM IST

    LIC IPO: How to apply online on Zerodha, Paytm, Upstox, Groww

    Investors can bid for a minimum lot size of 15 shares and in multiples thereof. A retail investor can apply for up to 14 lots or 210 shares for an amount of Rs 1,99,290 at the upper price band.

  • Upstox strengthens leadership team with key appointments April 27, 2022 07:48 PM IST

    Upstox strengthens leadership team with key appointments

    The company appointed Sudeep Ralhan as chief human resources officer, Manoj Agarwal as head of compliance and Sriram Krishnan as vice president of information security portfolio, according to a statement.

  • Raise Financial Services appoints former Rupeeseed exec Alok Pandey as co-founder and tech chief March 29, 2022 11:18 AM IST

    Raise Financial Services appoints former Rupeeseed exec Alok Pandey as co-founder and tech chief

    Alok Pandey has over 16 years of experience in software development and management specifically in the stockbroking and investment industry.

  • Online brokerage firm Upstox’s leadership team gets three new senior executives February 17, 2022 06:54 PM IST

    Online brokerage firm Upstox’s leadership team gets three new senior executives

    The company has appointed Harish Narayanan as Chief Growth Officer, Jayant Chauhan as Senior Vice President - Finance and Saurabh Agarwal as Vice President - New Initiatives.

  • Zerodha FY21 profit jumps 2.6x to Rs 1,122 cr, revenue at Rs 2,729 cr: Report February 14, 2022 09:38 PM IST

    Zerodha FY21 profit jumps 2.6x to Rs 1,122 cr, revenue at Rs 2,729 cr: Report

    The startup also saw a year-on-year rise in expenses of 2.4 times from Rs 517.7 crore in FY20 to Rs 1,260.2 crore in FY21.

  • Raise Financial Services raises $22 million in Series A; allocates $15 million for trading platform Dhan January 25, 2022 08:49 AM IST

    Raise Financial Services raises $22 million in Series A; allocates $15 million for trading platform Dhan

    Raise will use this investment to grow Dhan’s product, engineering, operations & customer experience teams, besides launching another product.

  • Dhan introduces direct trading through charts, ties up with TradingView December 08, 2021 01:29 PM IST

    Dhan introduces direct trading through charts, ties up with TradingView

    Users will be able to trade directly through TradingView charts in equity, options and futures for indices, equity, commodity and currency, Dhan has said

  • Upstox now allows investing in IPO, opening demat account via WhatsApp; check details December 01, 2021 11:25 AM IST

    Upstox now allows investing in IPO, opening demat account via WhatsApp; check details

    The key highlight of the latest feature is that all investors, whether they are registered with Upstox or not, can now subscribe to any IPO without moving out of the WhatsApp chat window at any point during the application journey, the company said.

  • Unicorn Club | Upstox's valuation to soar to $3-3.5 billion with new funding round led by Tiger Global November 25, 2021 10:01 PM IST

    Unicorn Club | Upstox's valuation to soar to $3-3.5 billion with new funding round led by Tiger Global

    Upstox has raised $24.7 million from Tiger Global, as part of a larger funding round, according to regulatory filings. This mark's the company's entry into the unicorn club.

  • Scam 1992 and brands they love: Factors driving young India's interest in new-age IPOs November 01, 2021 12:51 PM IST

    Scam 1992 and brands they love: Factors driving young India's interest in new-age IPOs

    Fear of missing out on listing gains, relatability with new-age internet brands going public and a need to test the waters for better returns is driving the younger cohort to begin their stock market journey through IPOs.

  • PayU-backed Fisdom enters online stockbroking, aims to be among top 5 October 21, 2021 05:00 PM IST

    PayU-backed Fisdom enters online stockbroking, aims to be among top 5

    Wealth management platform Fisdom is entering online stockbroking, dominated by the likes of Zerodha, Groww, Upstox and Angel Broking. It hopes to gain a million customers in a year, benefiting from the segment’s rapid growth.

  • IIT Bombay's E-Cell hosts virtual stock market competition October 08, 2021 05:11 PM IST

    IIT Bombay's E-Cell hosts virtual stock market competition

    Sponsored by Upstox and Stocktwits, the aim of the competition was to help the youth learn trading in a virtual environment before beginning to invest in the real world.

  • Angel Broking vs ICICI Securities: Which stock has it for the investor? September 13, 2021 01:22 PM IST

    Angel Broking vs ICICI Securities: Which stock has it for the investor?

    The outbreak of the pandemic has brought about a significant change in the pecking order in the broking industry

  • Upstox says over 70% of customers first-time investors July 03, 2021 04:48 PM IST

    Upstox says over 70% of customers first-time investors

    According to the data from the National Securities Depository, and Central Depository Services, a record 14.2 million new demat accounts were opened in FY21, a near three-fold rise from the previous year's 4.9 million.

  • Decoding ICICI Securities’ depressed valuation: Will the stock re-rate? April 26, 2021 04:23 PM IST

    Decoding ICICI Securities’ depressed valuation: Will the stock re-rate?

    Despite a stellar performance, ICICI Securities' stock has underperformed in the past one year

  • Upstox targets 3-4 times growth in customer base in 2021 April 21, 2021 04:36 PM IST

    Upstox targets 3-4 times growth in customer base in 2021

    This will be almost a 3-4 fold increase from the customer base of over 2 million at the end of December 2020.

  • Upstox says it has upgraded its security measures after the hack, assures users their funds and securities are safe April 12, 2021 03:16 PM IST

    Upstox says it has upgraded its security measures after the hack, assures users their funds and securities are safe

    Another day, another Indian company gets hacked