Upstox looks beyond broking as regulator tames retail mania
Upstox, backed by Tiger Global, is diversifying by applying for NBFC and asset management licenses amidst regulatory challenges. Despite a stagnant FY25, the company anticipates profit doubling in FY26, focusing on high-value traders and expanding into new revenue streams like insurance and lending.
Upstox, backed by Tiger Global, is diversifying by applying for NBFC and asset management licenses amidst regulatory challenges. Despite a stagnant FY25, the company anticipates profit doubling in FY26, focusing on high-value traders and expanding into new revenue streams like insurance and lending.
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