Raghu Kumar is a co-founder of Upstox. He has traded since the age of 16. Before Upstox, he and his brother Ravi ran an automated proprietary trading desk in Chicago.
RKSV was set up in 2008 as a proprietary trading firm. Raghu led the prop desk. After the Series A, the prop desk was closed and he moved into a regular co-founder role.
Upstox launched as a retail broker in 2012. Ratan Tata invested in 2016. Tiger Global invested $50 million across two rounds in 2019 and 2021. The last reported valuation is $3.5 billion.
Raghu later left to start Rain Platforms, which runs TradingLeagues, a stock trading game platform.