Upstox is an online stock brokerage. According to media reports, New York-based Tiger Global Management invested $25 million in Upstox. The article did not disclose the financing instrument or round type. It named no other investors. The headline noted Tiger Global is eyeing funding in NoBroker. The article did not include operating metrics, founding year, or company location. RKSV Securities operates an online investing and trading platform with a zero commission pricing model and has launched the Upstox mobile app to simplify trading for both professional traders and beginners. The company reports close to Rs. 6,000 crores of daily traded turnover across the NSE, BSE, and MCX. RKSV was founded in 2012 by Ravi Kumar, Raghu Kumar, and Shrinivas Viswanath and is based in Mumbai. The firm says it will use the new funds to continue to expand operations. The core product focuses on mobile and online brokerage services aimed at simplifying investing and trading. No revenue figures beyond traded turnover were provided in the article.

Total raised

$29M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2019