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The Economic Times

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IPO-bound Upstox crosses 2 crore customers, eyes 10 crore users in five years

Upstox has crossed 2 crore demat accounts, with 85% of customers from Tier-II and Tier-III cities and 70% first-time investors. The investment platform aims for 10 crore users within five years and is reportedly exploring a $350-400 million IPO.

21 Aug 2026 5:39 pm