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