 "valuation")
Online stockbroking platform Upstox has entered the unicorn club by raising $25 million at a valuation of over $3 billion, according to several media reports quoting unnamed sources.
Business Standard has reached out to the company for a confirmation.
The funding round is said to be led by existing investor Tiger Global and is still ongoing. It would also make Upstox valued more than rivals Zerodha and Groww, said the reports.
Upstox, backed by Ratan Tata and Tiger Global, earlier said in July that more than 70 per cent of its over 2 million new customers are first-time investors and
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