Company Research Report: Upstox
Company Overview
Name, Mission of the Company
- Name: Upstox
- Mission: To help every Indian confidently up their wealth by making investing accessible, affordable, and simple.
Founding Information
- Founded: 2010
- Founders: Ravi Kumar, Kavitha Subramanian, Shrini Viswanath
Key People
- Ravi Kumar: Co-founder
- Kavitha Subramanian: Co-founder
- Shrini Viswanath: Co-founder
- Aditya Vyas: VP Product
- Puneet Maheshwari: Director & VP Product
- Amit Lalan: VP Product
- Mike Akeroyd: VP of Product
- Kapil Kothari: Principal Officer
- Elvis D’Souza: Head of HR
- Kamaiah Nadavala: VP Infosec
- Siddharth Patnaik: VP Engineering
- Manoj Agarwal: Chief Compliance Officer
Headquarters
- Location: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar (W), Mumbai, Maharashtra 400013
Number of Employees
- No information is available
Revenue
- No information is available
Company Recognition
- Known For: Upstox is known for its advanced and user-friendly trading platform that provides powerful trading features combined with educational resources to help users understand the stock market.
Products
List of Products
1. Upstox for Investors:
- Description: A dedicated mode for investors enabling easy access to stocks, mutual funds, and IPOs.
- Key Features:
- Top-rated funds and stocks
- 24/7 order placements
- SIP mode for stocks and mutual funds
2. Upstox Pro for Traders:
- Description: A powerful trading platform designed for traders dealing in equities, futures, options, commodities, and currencies.
- Key Features:
- TradingView integration for professional charting
- 8 charts at once and 100+ indicators
- OI analysis and advanced option chain data
- Basket orders and GTT (Good Till Triggered)
3. Uplearn:
- Description: Educational resources to learn about investing and trading.
- Key Features:
- Webinars on risk management, options trading, and technical analysis
- Jargon-free, expert-led courses
- Self-help videos covering various investing topics
Recent Developments
Recent Developments in the Company
- January 2023:
- Partnership with TradingView: Upstox has partnered with TradingView, offering a dedicated desktop platform and advanced charting features.
- May 2022:
- Onboarding of 1 Crore Customers: Upstox successfully onboarded 1 crore customers.
- August 2022:
- Introduction of Good-Till-Triggered Feature: Upstox introduced the Good-Till-Triggered feature on its platform for enhanced order execution flexibility.
New Product Launches
- Digital Gold: Launch of the digital gold investment product, making gold investments simple for users.
New Features Added to Existing Products
- Upgraded App and Features:
- Margin Trading Facility (MTF) enabled, allowing up to 4X leverage.
- Introduction of Mutual Fund Experience: Featuring top-rated funds to enhance mutual fund investment options.
New Partnerships
- Partnership with Sensibull: Simplifying options trading for users.
- Partnerships with Sporting Events:
- TNPL, IPL, and ICC partnerships to increase brand visibility.
- Official partner status enhanced Upstox's market presence.
Disclaimer
- Investment risks: Investment in the securities market is subject to market risks. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Upstox offers educational resources and is not responsible for market-related risks.
End of Report