Salary Guide · India 2026
Upstox (RKSV Securities) is India's 2nd-largest discount broker by active clients, backed by Tiger Global and Ratan Tata. It offers zero-brokerage equity trading and is preparing for an IPO. Salary ranges below are sourced primarily from AmbitionBox, with Glassdoor as a secondary cross-check, and reflect total CTC (base + variable + equity) at the 25th–90th percentile of reported offers in India.
Software Engineer · Senior / 6–9 yrs
₹38L – ₹60Ltotal CTC
Working at Upstox
~2,000 employees. Pre-IPO (backed by Tiger Global, GIC). 12M+ active clients (SEBI data). Revenue ~₹2,000+ Cr FY24. Ratan Tata is a strategic investor.
What the interview actually tests
Pre-IPO ESOP: Upstox has not filed DRHP as of 2026; discount ESOP value accordingly. Interview: DS&A (LeetCode medium) + financial domain (order routing, matching engine, market data). Go experience is preferred. Fintech trading systems mindset is valued over generic SWE experience.
Role
What Software Engineers actually earn at Upstox in India, across every experience level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Mid-level / 3–5 yrs | ₹24L – ₹38L | ESOP₹2L – ₹5L/yr |
| Senior / 6–9 yrs | ₹38L – ₹60L | ESOP₹5L – ₹12L/yr |
Indian Fintech