Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, March 26 2021 - 21:47
AsiaNet
Upstox, one of India's leading broking firms, joins IPL as an Official Partner
MUMBAI, India, March 26, 2021/PRNewswire-AsiaNet/ --

- Upstox to leverage IPL association to enhance financial awareness and 
inclusion

    The Indian Premier League Governing Council (IPL GC) today announced 
Upstox, one of India's leading and fastest-growing digital brokerage firms, as 
an official partner for IPL, which will begin on April 9th, 2021 with 
Ahmedabad, Bengaluru, Chennai, Delhi, Mumbai and Kolkata hosting the marquee 
event. This Upstox association will be a multi-year partnership with the IPL.

    Founded with the vision of making financial investing easy, equitable, and 
affordable to all Indian investors, Upstox provides online investments in 
Stocks, Mutual funds, Digital Gold, Derivatives, and ETFs for both investors 
and traders. Backed by marquee investors such as Tiger Global, Upstox currently 
has over 2.8 million customers.

    Mr Brijesh Patel, Chairman, IPL, said, "We are pleased to have Upstox on 
board as an official partner of the Indian Premier League 2021. As one of the 
most-watched cricket leagues in India, IPL along with Upstox, one of India's 
fastest-growing digital-trading platforms, can create a huge impact on the 
audience, especially the millions of Indian youth who are financially 
independent and looking for more options to manage their portfolios."

    Commenting on the partnership, Mr. Ravi Kumar, Co-founder & CEO, Upstox 
said, "We are thrilled to partner with BCCI for IPL 2021. In India, Cricket is 
more than just a sport. It is an important part of our culture and social life, 
with a huge fan-following, especially by the millennials. IPL has paved a bold 
new direction to Indian cricket in the last decade just like Upstox, which is 
revolutionizing finance in India. This is what sparks a natural connection 
between both the brands. With this integration of sports and finance, we intend 
to spread financial awareness across the country."

    For the first time in the history of IPL, a brand in the Stock and Mutual 
Fund sector would be partnering at large to create awareness about this 
category.

    The IPL season will kickstart on 9th April, 2021 in Chennai with a high 
octane clash between defending champions Mumbai Indians and Royal Challengers 
Bangalore. The World's Largest Cricket Stadium - Narendra Modi Stadium in 
Ahmedabad will host the Playoffs as well as the final on 30th May, 2021 which 
promises to be a visual spectacle.

    Each team is set to play at four venues during the league stage. Out of the 
56 league matches, Chennai, Mumbai, Kolkata & Bengaluru will host 10 matches 
each while Ahmedabad and Delhi will host 8 matches each. One of the highlights 
of this edition of the VIVO IPL will be the fact that all matches will be 
played at neutral venues and no team will play at their home venue. All teams 
will play at 4 out of 6 venues during the league stage. 

    There will be a total of 11 double headers where 6 teams will play three 
afternoon matches & two teams will play two afternoon matches. The afternoon 
games are slated for a 3:30 PM IST start while the evening games will have a 
7:30 PM IST start.

    About Upstox: 
    Upstox was founded with the vision of making financial investing easy, 
equitable, and accessible to all Indian investors. It offers online investments 
in Stocks, Derivatives, Commodities, Currencies, Mutual Funds, and ETFs for 
investors and traders. It has also ensured full transparency in pricing by 
offering zero brokerage* on Equity Delivery trades and up to Rs. 20 per order* 
for Intraday, F&O, Commodities, and Currencies.

    For more details, visit - https://upstox.com/ 
    
    SEBI Registration No. INZ000185137. The brand name Upstox and logo are the 
registered trademarks of RKSV Securities India Pvt. Ltd.
 
    Memberships: NSE / BSE INZ000185137 Registered Address: 807, New Delhi 
House Barakhamba Road, Connaught Place, New Delhi- 110001.
 
    RKSV Securities India Pvt Ltd acts in the capacity of a distributor for 
Mutual Funds having AMFI Registration number- 107930. Mutual Find Investments 
are subject to market risks. Please read all scheme related documents carefully 
before investing.

    Disclaimer: Investment in securities market are subject to market risks, 
read all the related documents carefully before investing.

    *The brokerage limit shall not exceed the SEBI prescribed guidelines.
    For and on behalf of
    RKSV Securities India Pvt Ltd
    Amit Lalan
    Director

    Photo: https://mma.prnewswire.com/media/1474808/Upstox_IPL.jpg
    Logo: https://mma.prnewswire.com/media/1474809/Upstox_Logo.jpg

    Source: Upstox