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Recently Funded|Amount: USD 4.0M|Industry: Financial Services

Upstox Secures $4 Million in Series B Funding Round to Revolutionize Online Trading Platform for 1 Million+ Customers

Upstox

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501-1,000 employees employees (Est.)
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We are thrilled to announce that Upstox, one of India's leading online trading platforms, has successfully raised $4 million in a recent funding round. This financing round was backed by renowned investors including Ratan Tata and notable venture capital firms such as Tiger Global, underscoring the confidence the market has in Upstox’s vision and operations. With over 1 crore customers and a robust technological backbone, Upstox provides a user-friendly interface for trading in Demat accounts, shares, mutual funds, and IPOs, making it a favorite among both novice and seasoned investors. The newly acquired funds will be strategically allocated towards enhancing Upstox’s technology infrastructure, expanding its product offerings, and bolstering customer support services. By investing in state-of-the-art technology, Upstox aims to deliver an even better trading experience that caters to the evolving needs of its diverse client base. Additionally, the company plans to leverage this funding to reach new markets and amplify its educational resources, empowering users with the knowledge needed to make informed trading decisions. As Upstox continues to hold memberships with the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange (MCX), and MCX-SX, this funding marks a pivotal step toward solidifying its status as a leader in India’s fintech landscape. For more information on Upstox and its innovative offerings, visit their official website at [Upstox](https://upstox.com/).
September 23, 2024

Buying Signals & Intent

Our AI suggests Upstox may be interested in solutions related to:

  • Trading Platforms
  • Stock Analysis Tools
  • Investment Research Services
  • Financial Trading Courses
  • Demat Account Services

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