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Engaged Employer
Upstox

3.7
based on 158 Reviews
Company Overview
Company Locations
Working at Upstox
Company Summary
Operates as a retail brokerage firm, providing online trading solutions with a flat pricing model to facilitate securities and commodities trading.
Overall Rating
3.7/5
based on 158 reviews

3% below
industry average

Critically rated for
Promotions, Work satisfaction
Work Policy

Hybrid
47% employees reported

Monday to Friday
62% employees reported

Flexible timing
71% employees reported

No travel
70% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
8 employees reported
Health insurance
6 employees reported
Cafeteria
2 employees reported
Free meal
1 employee reported
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About Upstox
Founded in2011 (14 yrs old)
India Employee Count1k-5k
Global Employee Count--
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websiteupstox.com
Primary Industry
Other Industries
Upstox (Rebranded from RKSV) is a retail brokerage firm for trading securities and commodities. Offers online trading software (mobile and web) for free, and charges a flat monthly trading fee. Also offers zero-commission pricing model, with a flat charge of Rs 20 per order traded. As of Feb 2016, the company had 50,000 active traders and had a daily traded turnover of INR 6,000 crore. Raised $4M in funding led by Kalaari Capital, GVK Davix, Ratan Tata, and other investors in Feb 2016
Upstox Ratings
based on 158 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
66
4
38
3
28
2
8
1
18
Category Ratings
3.7
Salary
3.5
Job security
3.4
Company culture
3.4
Work-life balance
3.4
Skill development
3.3
Work satisfaction
3.1
Promotions
Upstox is rated 3.7 out of 5 stars on AmbitionBox, based on 158 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Upstox
based on 140 reviews
3.5
Rated by 39 Women
Rated 3.5 for Job security and 3.4 for Company culture
3.8
Rated by 101 Men
Rated 3.7 for Salary and 3.5 for Work-life balance
Work Policy at Upstox
based on 19 reviews in last 6 months
Hybrid
47%
Work from office
43%
Permanent work from home
10%
Upstox Reviews
Top mentions in Upstox Reviews
+ 5 more
Compare Upstox with Similar Companies
![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
---|---|---|---|---|
Overall Rating | 3.7/5 based on 158 reviews | 4.1/5 based on 128 reviews | 3.9/5 based on 377 reviews | 3.7/5 based on 232 reviews |
Highly Rated for | ![]() No highly rated category | Skill development Salary Company culture | Company culture Work-life balance Salary | Company culture Job security |
Critically Rated for | Promotions Work satisfaction | ![]() No critically rated category | ![]() No critically rated category | Promotions |
Primary Work Policy | Hybrid 47% employees reported | - | Work from office 90% employees reported | Work from office 69% employees reported |
Rating by Women Employees | 3.5 Good rated by 39 women | 3.6 Good rated by 21 women | 3.9 Good rated by 109 women | 3.7 Good rated by 73 women |
Rating by Men Employees | 3.8 Good rated by 101 men | 4.3 Good rated by 96 men | 3.8 Good rated by 208 men | 3.8 Good rated by 147 men |
Job security | 3.5 Good | 3.8 Good | 3.6 Good | 3.8 Good |
View more
Upstox Salaries
Upstox salaries have received with an average score of 3.7 out of 5 by 158 employees.
Customer Service Executive
(43 salaries)
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₹1.1 L/yr - ₹3.4 L/yr
Senior Software Engineer
(21 salaries)
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₹16 L/yr - ₹55 L/yr
Sales Executive
(20 salaries)
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₹1.5 L/yr - ₹4 L/yr
Product Manager
(19 salaries)
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₹18 L/yr - ₹50 L/yr
Software Development Engineer II
(19 salaries)
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₹20 L/yr - ₹43 L/yr
Customer Support Executive
(17 salaries)
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₹1.6 L/yr - ₹3.3 L/yr
Software Engineer
(14 salaries)
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₹9 L/yr - ₹23 L/yr
Technical Lead
(13 salaries)
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₹26.4 L/yr - ₹44.4 L/yr
Software Developer
(12 salaries)
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₹9.5 L/yr - ₹29.4 L/yr
Team Lead
(11 salaries)
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₹2.2 L/yr - ₹5.5 L/yr
Upstox Interview Questions
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Upstox Jobs
Popular Designations Upstox Hires for
Current Openings
Upstox News
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Volatility hits retail investors: NSE sees drop in active clients, demat accounts in January
- Zerodha, Upstox, and 5paisa Capital reported a decline in active investors in January.
- Mid-sized players like Paytm Money, Sharekhan, Mirae Asset Capital Markets, IIFL Securities, Samco Securities, Nuvama Wealth, and Geojit Financial Services also experienced downturns.
- New demat account openings fell to the lowest in 14 months in January.
- Market correction, SEBI's regulatory changes, and absence of major IPOs have been attributed to the slowdown.
HinduBusinessLine | 12 Feb, 2025
Scalping Strategy For Bitcoin Lovers IN 2025 — Tradetalkshub
- Scalping strategy is not suited for all traders and requires quick action.
- Intraday trading involves buying and selling within a day.
- Choosing a broker platform is important for Intraday trading, such as Dhan Broker, upstox, and zerodha.
- The mentioned strategy helps identify trend pullbacks and enter trades with high-probability setups at key support and resistance levels.
Medium | 8 Feb, 2025

Stockbroking startup Upstox reports 25% jump in revenue to Rs 1,311 crore in FY24; net profit at Rs 190 crore
- Upstox, an online brokerage platform, reported a 25% increase in revenue to Rs 1,311 crore in the fiscal year ended March 2024.
- The net profit for the same period surged eightfold to Rs 190 crore.
- Upstox's focus on product innovation and a wider range of investment options has attracted retail investors, particularly from Tier 2 and Tier 3 cities.
- Competing with giants like Zerodha and Groww, Upstox aims to become India's most trusted financial partner.
ISN | 1 Feb, 2025

Upstox profit jumps 8X as revenue tops Rs 1,300 Cr in FY24
- Online brokerage platform Upstox reported an eightfold surge in net profit to Rs 190 crore for the fiscal year ended March 2024.
- Revenue climbed 25% year-over-year to Rs 1,311 crore, driven by increased retail investor activity and product diversification.
- Upstox expanded its user base to 17 million, with 85% of customers from smaller Indian cities.
- The company introduced new offerings such as insurance products, fixed deposits, government securities, and corporate bonds, and launched UpNews, a digital financial news service.
Yourstory | 31 Jan, 2025

Upstox’s FY24 Revenue Jumps 25% YoY To INR 1,311 Cr
- Upstox's revenue for FY24 increased by 25% YoY to INR 1,311 Cr.
- The company reported a net profit of INR 190 Cr, excluding ESOP costs.
- Upstox claims to have 1.7 Cr users, with a significant customer base from Tier II, III cities.
- The company aims to become India's most trusted financial partner.
Inc42 | 31 Jan, 2025

Groww’s Active User Base Jumps To 1.32 Cr In December 2024
- Investment tech platform Groww extended its lead over Zerodha in December 2024.
- Groww's active client base rose to 1.32 Cr, while Zerodha's declined.
- Angel One retained its third position, while Upstox and Dhan also saw increases in their active user bases.
- Overall, the total active users in the public markets stood at 5.02 Cr in December.
Inc42 | 15 Jan, 2025

Groww Extends Lead Over Zerodha With 1.3 Cr Active Users In Nov
- Investment tech startup Groww strengthened its lead in the broking space with 1.29 Cr active users in November.
- Zerodha ranked second with 81.25 Lakh active users, followed by Angel One, Upstox, Dhan, INDMoney, and Paytm Money.
- Groww has maintained its top position since September 2023 and has doubled its active user base.
- Despite leading in active users, Zerodha outperforms Groww financially with a higher net profit and operating revenue.
Inc42 | 12 Dec, 2024

Groww nears 13 million active users in November
- Groww, a new-age wealth management platform, added 2,82,577 new users in November.
- Zerodha holds the second spot with 8.12 million active users.
- Angel One is in third place with 7.63 million active clients, while Upstox is in fourth place with 2.87 million active users in November.
- In terms of revenue, Zerodha is ahead of Groww, with a topline of ₹8,320 crore in FY24.
HinduBusinessLine | 11 Dec, 2024

Stride Ventures Floats Fourth Fund With $300 Mn Target Corpus
- Venture debt firm Stride Ventures has launched its fourth fund with a target corpus of $300 Mn.
- The fund aims to provide financial assistance to startups across different sectors for their growth.
- Stride Ventures has surpassed a $1 Bn commitment for its first venture debt growth fund.
- The fund has made significant investments in startups such as BlueStone, Upstox, Moneyview, and Ola Electric.
Inc42 | 11 Dec, 2024

Groww expands lead over Zerodha with 12.59 Mn active users in October
- Groww, a Bengaluru-based stock broker, has surpassed 12.59 million active traders in October, adding around 350,000 users in a single month.
- Groww overtook Zerodha, its closest competitor, in October last year and has maintained the top position since then.
- Angel One, with 7.53 million users, may surpass Zerodha in the future, while Upstox ranked fourth with 2.85 million users.
- In terms of revenue, Zerodha had the highest revenue in FY24 at Rs 8,370 crore, followed by Angel One at Rs 4,272 crore.
Entrackr | 11 Nov, 2024

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Upstox FAQs
When was Upstox founded?
Upstox was founded in 2011. The company has been operating for 14 years primarily in the Financial Services sector.
Where is the Upstox headquarters located?
Upstox is headquartered in Mumbai,Maharashtra.
How many employees does Upstox have in India?
Upstox currently has more than 1,400+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Upstox based on the number of reviews submitted on AmbitionBox.
Does Upstox have good work-life balance?
Upstox has a work-life balance rating of 3.4 out of 5 based on 100+ employee reviews on AmbitionBox. 34% employees rated Upstox 3 or below, while 66% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Upstox work-life balance reviews for more details
Is Upstox good for career growth?
Career growth at Upstox is rated as moderate, with a promotions and appraisal rating of 3.1. 34% employees rated Upstox 3 or below, while 66% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Upstox promotions/appraisals reviews for more detailed insights.
What are the cons of working in Upstox?
Working at Upstox does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal and work satisfaction, based on 100+ employee reviews on AmbitionBox.
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