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Ratan Tata-backed Upstox breaks even, revenue crosses ₹1,000 crore
short by Ashley Paul / on Sunday, 14 May, 2023
Ratan Tata-backed discount broking company Upstox achieved break-even in FY23, with the startup's overall revenue crossing the ₹1,000-crore mark, Co-founder and CEO Ravi Kumar said. Upstox also generated a positive net cash flow of about ₹130 crore in the January-March 2023 quarter. Kumar added that the startup is looking for both organic and inorganic growth opportunities.
read more at Moneycontrol