{
  "id": 6131448,
  "title": "Upstox Launches US Stock Investing After IFSCA Nod",
  "url": "https://urgent.news/2026/09/07/upstox-launches-us-stock-investing-after-ifsca-nod",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T10:49:14.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/upstox-launches-us-stock-investing-after-ifsca-nod/"
  },
  "original_language": "en",
  "account": "Online stock trading platform Upstox has begun offering access to US stocks and ETFs to Indian investors, following authorization from the International Financial Services Centres Authority (IFSCA). The platform enables users to trade over 8,000 US-listed stocks and more than 2,000 ETFs, which include shares of well-known companies like Apple, Tesla, Amazon, and Alphabet. Fractional investing is available, allowing customers to purchase a fraction of a share for as low as $1. The service operates under the GIFT City framework, with global investment services provided by the IFSC branch of Upstox Securities Pvt Ltd, a subsidiary of RKSV Securities India and an IFSCA-authorized broker-dealer. Investments are routed under the RBI's Liberalised Remittance Scheme (LRS), permitting residents to transfer up to $250,000 annually through all permissible overseas transactions. Accounts can be funded using INR through supported Indian bank accounts, with conversion to US dollars. Users can place after-market orders outside US trading hours, which will be queued for execution upon market reopening. Upstox's CEO, Ravi Kumar, stated that international investing marks a significant growth phase for India's wealth ecosystem. This launch follows IFSCA approvals granted to Upstox, along with competitors Zerodha, Groww, and Angel One, to offer international investment products through GIFT City. Upstox recently received SEBI's approval to operate as a merchant banker, with a focus on equity IPOs. Competitors Zerodha, Groww, and Angel One are also developing their own international investment offerings after securing IFSCA approvals. The move towards global investing aligns with Indian brokerages' diversification efforts into areas such as asset management, lending, insurance, wealth management, and investment banking. Upstox, backed by Tiger Global, is also exploring a public market debut, with talks underway for an IPO that could raise up to $400 million through a mix of fresh shares and an OFS.",
  "summary": "Online stockbroking platform Upstox has launched US stock investing on its platform, weeks after receiving approval from the International Financial…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}