'The term discount broking doesn't mean anything anymore. Today, pretty much all brokerages have some kind of a discount pricing model, and the model on its own isn't important,' Nithin Kamath, the founder and chief executive of Zerodha, told PTI in an interview.
In a tell-all interaction, Ravi Kumar, Co-Founder, Upstox speaks with Urvi Shrivastav, editorial lead, BW Disrupt, BW Businessworld. Kumar speaks about the start-up's journey thus far, the fascinating story behind its inception and the future plans he has for Upstox.
Further, the majority of customers are from metros/tier 2 cities and over 60% of them are below the age of 35 years, which indicates that millennials and younger traders are entering the trading ecosystem