Highlights

  • Upstox turns unicorn with fresh round from Tiger Global
  • With the latest funding, Upstox's valuation surpasses rival Groww's

Latest news

50% beneficiaries get two shots, cases see an uptick in 30 districts

50% beneficiaries get two shots, cases see an uptick in 30 districts

15 suspected Omicron patients admitted to Delhi's LNJP hospital

15 suspected Omicron patients admitted to Delhi's LNJP hospital

Manchester City secure top spot after beating Watford 3-1

Manchester City secure top spot after beating Watford 3-1

West Ham spoils table leaders Chelsea's outing with 3-2 win

West Ham spoils table leaders Chelsea's outing with 3-2 win

Security tightened in Mathura over threat to install Krishna idol in mosque

Security tightened in Mathura over threat to install Krishna idol in mosque

Fabulous 40! Upstox gets unicorn status, 40th startup this year

Upstox has raised the fresh funds at a valuation of $3.4 billion or Rs 25,458 crore

Its early Christmas for online trading platform Upstox as it celebrates soaring past the billion valuation mark. Tiger Global which is an existing investor in the firm as further put in $25 million, this time valuing the company at $ 3.4 billion as per reports.

Also watch| Crypto Crushed! Flashback to when Malaysia destroyed 1000 Bitcoin mining rigs with a steamroller

What is Upstox?

Founded in 2009, Upstox offers online stock market investment services, advisory services and mutual fund investments. The platform has seen its customer base jumping from 2 million in January 2021 to over 6 million.

Upstox directly competes with Zerodha, Groww and IndMoney. Apart from Zerodha, Tiger Global is an investor in all three stockbroking companies

Up Next

Fabulous 40! Upstox gets unicorn status, 40th startup this year

Fabulous 40! Upstox gets unicorn status, 40th startup this year

Google's Sundar Pichai praises India startups, check out what he has to say

Google's Sundar Pichai praises India startups, check out what he has to say

Mukesh Ambani backs Blockchain tech; 'can change financial world'

Mukesh Ambani backs Blockchain tech; 'can change financial world'

Serve notice period or get taxed

Serve notice period or get taxed

CNG price hike again! Fourth price hike in just 10 weeks

CNG price hike again! Fourth price hike in just 10 weeks

Bounce launches electric scooter with swappable battery! Ola gears for competition

Bounce launches electric scooter with swappable battery! Ola gears for competition

More videos

Gita Gopinath elevated to No. 2 position at IMF, to take up post early next year
Maruti Suzuki's new year gift, one more round of price-hike on its cars
You will now be able to book an Uber via WhatsApp
This is how Telegram stock channels make lakhs per free tip; SEBI cracks down
Trade Data: Gap between imports and exports at record high in November
Your Complete Crypto Guide: The Good, The Bad and The Ugly!
Petrol gets cheaper: Delhi Govt finally cuts tax on fuel
This company has moved to a four-day work week without cutting pay
Crypto Crushed! Flashback to when Malaysia destroyed 1000 Bitcoin mining rigs with a steamroller
Crypto, the climate criminal: Shocking facts of global energy usage