Brand Comparison
Upstox vs Zerodha
Quantify ownership structure, origin, and control signals in one view.
Derived from documented disclosures and scored consistently.
Indian-owned profile
Upstox
India ownership score: 96/100
Indian-owned profile
Zerodha
India ownership score: 90/100
Comparison Fit
These brands map as direct alternatives within Investment Platforms.
Profile match: segment:investment platforms
Ownership Insight
Upstox is Indian-owned. Zerodha is also Indian-owned.
Score Breakdown
Equity ownership
Upstox: 100%
Zerodha: 100%
Manufacturing presence
Upstox: 80%
Zerodha: 0%
Revenue retention
Upstox: 80%
Zerodha: 95%
Strategic control
Upstox: 100%
Zerodha: 100%
Side-by-side Details
| Feature | Upstox | Zerodha |
|---|---|---|
| Country of origin | India | India |
| Headquarters | Mumbai | Bangalore |
| Founded | 2012 | 2010 |
| Parent company | RKSV Securities | Zerodha |
| Parent company country | India | India |
| Manufacturing in India | 80% | 0% |
| Revenue retained in India | 80% | 95% |
| Ownership type | Indian Private Company | Indian Private Company |
| Strategic control | India | India |
More comparisons in Investment Platforms
Foreign Competitors
Frequently Asked Questions
Is Upstox Indian-owned?
Upstox is Indian-owned.
Is Zerodha Indian-owned?
Zerodha is Indian-owned.