Upstox

Discount brokers take giant strides; now account for 57% of active clients

The majority of incremental customer acquisition is now happening from tier-2 cities

Online brokers alone can't serve new retail investors: Religare Broking CEO

We have launched an aggressive discount broking plan, Religare One Pro Plan, to counter the discount broker model and attract Gen Z and millennial clients, says Nitin Aggarwal

WealthTech firm Liquide raises $2.2 mn pre-seed led by M Venture Partners

Funds will be used to build a plug and play stock advisory layer to power existing brokerage accounts such as Zerodha, Upstox and Groww

Zerodha, Upstox, Canva services affected as brief outage hits Cloudfare

The issue has now been resolved as the websites using Cloudfare services are working

Upstox doubles user base in six months to 10 mn on strong millennial push

Founded in 2009, Upstox had around one million customers in June 2020 and has grown 10x in less than two years, the company s

We expect our customer base to grow 3x in FY23: Upstox's Ravi Kumar

In a Q&A, the CEO of the discount broking firm says the industry is seeing huge traction from smaller cities and first-time investors

Upstox ropes in Myntra, Oyo executives to bolster leadership team

Harish Narayanan joins as Chief Growth Officer, Jayant Chauhan as Senior Vice President-Finance and Saurabh Agarwal as Vice President-New Initiatives

Online brokerage Upstox allows IPO applications via WhatsApp

Also, the company aims to increase its customer base to 10 million by the end of FY2022 from 7 million currently, Upstox said in a statement.

Upstox turns unicorn with funding from Tiger Global at over $3 bn valuation

The funding round is said to be led by existing investor Tiger Global and is still ongoing

Upstox: Over 70% of 2 million new customers first-time investors

Upstox is backed by Ratan Tata and Tiger Global

ICC inks three years sponsorship deal with online brokerage Upstox

Online brokerage Upstox, earlier known as RKSV Securities, on Thursday announced a three-year partnership with the International Cricket Council (ICC) for an undisclosed sum.

Upstox eyes 3-4 times growth in its customer base this year to 6-8 mn

Tiger Global-backed online brokerage Upstox on Wednesday said it is aiming a customer base of 6-8 million at the end of 2021

Upstox alerts users of data breach; says funds, securities remain safe

Retail broking firm Upstox has alerted customers of a security breach that included contact data and KYC details of customers, but assured users that their funds and securities remain safe. The development comes close on the heels of reports of data breaches at organisations like MobiKwik, Facebook and LinkedIn. "On receipt of e-mails claiming unauthorised access into our database, we have appointed a leading international cyber-security firm to investigate possibilities of breach of some KYC data stored in third-party data warehouse systems. "This morning, hackers put up a sample of our data on the dark web," a company spokesperson said in an e-mailed statement. The spokesperson added that as a proactive measure, the company has initiated multiple security enhancements, particularly at the third-party warehouses, real-time 24x7 monitoring and additional ring-fencing of its network. "As a matter of abundant caution, we have also initiated a secure password reset via OTP for all Up

Strong demat account addition is here to stay: Ravi Kumar of Upstox

In a Q&A, the Co-Founder and CEO of Upstox explains what has propelled the growth and the company's ambitious tie up with IPL

Online brokerages see growth in new investors, trading activity in Mar-June

Jaideep Arora, the CEO of Sharekhan by BNP Paribas said traders, investors and new entrants are looking at this pandemic situation with both caution and opportunity

Tiger Global picks up 31.1% stake in Tata-backed RKSV Securities

Internet Fund V Pte Ltd, a Tiger Global vehicle, invested Rs 178.47 crore to acquire 5,07,884 preference shares in the firm

Ratan Tata-backed online broking firm Upstox cuts trading fee to 'nil'

Online stock brokers and trading platforms like Upstox neither needs investments to open branches nor have large fixed overhead expenses

Ratan Tata-backed online brokerage Upstox eyes tier-III towns

Upstox says it is riding on top of Aadhaar's KYC capabilities to sign up users in smaller towns