Upstox Account Opening

Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds

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Is Upstox backed by Ratan Tata?

Yes. Upstox is an online discount stock broker backed by funding from Mr. Ratan Tata.

He held 1.33% stake in the company As of Jan 2020.

Upstox investor includes:

  • Tiger Global Management - 31.1% stake
  • Kalaari Capital Partners - 15.21% stake
  • GVK Davix Technologies - 2.54% stake.
  • Ratan Tata - 1.33% stake

Remaining 50% stacks are with the promoters of the company which includes Mr. Ravi Kumar and Mr. Shrinivas Viswanath.

 

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