As a Software Engineer at Upstox, you are at the heart of one of India’s fastest-growing financial technology platforms. You are responsible for building and scaling robust, high-performance systems that empower millions of users to trade and invest with confidence. Your work directly impacts the stability, latency, and user experience of a platform that handles significant market volume, requiring a blend of technical precision and product-centric thinking. This role is both challenging and rewarding because of the sheer scale of the Upstox ecosystem. You will work on complex distributed systems, mobile-first interfaces, and data-intensive services that must remain secure and responsive during peak market hours. Whether you are optimizing core trading engines or enhancing mobile application performance, you are a critical driver of the company’s mission to make financial services accessible and seamless for everyone. ##### Tip The environment at Upstox is fast-paced and high-stakes; candidates who thrive here are those who can balance rapid feature delivery with long-term system reliability.
Initial Screening
reportedBegin with discussions focused on fitment and background checks.
What to demonstrate
- Begin with discussions focused on fitment and background checks
- Depth in Data Structures & Algorithms (DSA)
How to prepare
- Be able to walk your CV end to end in two minutes, and say why this company specifically.
- Have your salary expectations, notice period and location constraints ready, and ask for the rest of the loop in writing.
Technical Evaluations
reportedEngage in deep technical assessments to evaluate coding abilities.
What to demonstrate
- Engage in deep technical assessments to evaluate coding abilities
- Depth in Data Structures & Algorithms (DSA)
How to prepare
- Answer aloud and timed: How do you handle tight deadlines during high-pressure market scenarios?
- Answer aloud and timed: Tell me about a time you mentored a junior engineer or improved team processes.
PracHub editorial advice for the preparation topics above.
Own your narrative
When discussing your career, be clear about why you want to be at Upstox. Demonstrating passion for the financial domain is a significant advantage.
Be ready for deep dives
If you mention a technology or a project on your resume, be prepared to explain it in extreme detail, including the challenges you faced and how you overcame them.
Communication is key
In technical interviews, talk through your thought process. Interviewers are often more interested in how you arrive at a solution than the solution itself.
Choose a category, try a prompt, then open its approach, worked solution or follow-up when you need it.
Diff a projection against the primary without per-row point reads
The listing projection has drifted and some rows show a stale version. The primary holds 40,000,000 resource rows across 12,000 tenants while serving 1,200 writes and 14,000 reads per second. The obvious repair, reading each resource row and comparing its version against the projection, is correct and would eventually finish. Explain precisely why it is unacceptable here, then give a diff that finds the differing rows, state its complexity, and make it safe to run against a live primary. Replication lag is usually under 100 ms and is not bounded.
Approach
- Quantify the naive cost rather than calling it slow: 40,000,000 point reads at even 0.5 ms each is over five hours serialised, and the only lever is concurrency, which is exactly what you cannot spend. The primary's pool is sized for the write path, and 40,000,000 random reads evict the buffer cache that sustains the 85 percent cache hit rate, so the audit degrades the system it is auditing.
- Replace random access with one ordered pass per side. Both sides can be read in (tenant_id, resource_id) order, which is a sequential scan on each and a merge join in O(n) time and O(1) memory. For a dense diff that is the whole answer, and it reads the primary once instead of 40,000,000 times.
- For the expected sparse case, compare range hashes instead of rows: partition the key space, compute per range an order-independent aggregate over hash(resource_id, version), compare aggregates, and descend only into ranges that differ. With d differing rows and branching factor B, at most d ranges mismatch per level, so the drill-down examines O(d log_B(n/d)) ranges and reads full rows only in mismatching leaves.
- Aggregate with a sum modulo 2^64 or a multiset hash, never XOR. XOR is order-independent but self-cancelling, so two rows wrong in the same way, or a row duplicated on one side, leave the range aggregate matching and the range is declared clean.
Follow-up
- The diff reports 900 stale rows. How do you decide between patching those rows and rebuilding the projection from resource_revision?
- Same job, but the projection lives in a search index that cannot be scanned in key order. What changes?
Identify the heaviest tenants in a five-minute window under memory pressure
The edge service handles about 3,000 requests per second across roughly 50,000 tenants, peaking near 9,000. Expose the 50 heaviest tenants by request count over the trailing five minutes so limits can be tightened before one tenant's backfill starves the fleet. You may not retain five minutes of raw records. Give the exact solution and its memory, then the bounded-memory approximation with its error stated as a formula, and say which you would ship and at what tenant cardinality that choice changes.
Approach
- Do the exact version first, because it is affordable at this cardinality: a ring of 300 one-second counters per tenant, advanced lazily, is 1,200 bytes of counters per tenant and roughly 60 to 90 MB for 50,000 tenants with overhead. Carry a running total and subtract the bucket you overwrite so a window read is O(1) rather than 300 adds.
- Extract the top 50 with a size-k min-heap over the tenant sums: O(d log k) for d tenants, against O(d log d) to sort them all. Maintaining the heap continuously instead of on query requires a tenant-to-heap-index map, because incrementing a count already inside the heap means sifting from a known position, and without that map you rebuild the heap on every request.
- State the approximation precisely rather than gesturing at sketches. Misra-Gries with m counters retains every item whose true count exceeds N/(m+1), and each retained count underestimates the truth by at most N/(m+1). With m = 1,000 and N = 900,000 requests in the window the error is roughly 900 requests, which is fine for spotting a tenant sending 50,000 and useless for ranking two tenants 200 apart.
- Say what breaks when the window slides: Misra-Gries and Space-Saving are insert-only and cannot be decremented as records age out. The workable construction is one summary per sub-window, say ten seconds, with 30 summaries merged at query time, and the merged error is the sum of the per-summary errors, so the bound degrades linearly in the number of sub-windows.
Follow-up
- The heaviest tenant is heavy because of one export job rather than user traffic. Should the limiter treat those as the same tenant?
- Two tenants sit tied at the boundary of the top 50. Does your answer flap, and does the flapping matter?
Merge partitioned event streams into one ordered feed with bounded lateness
The read-model service consumes 64 log partitions carrying about 4,000 events per second in total. Each partition is ordered within itself, but partitions drift by up to 30 seconds, and the activity feed must present a tenant's events in occurred_at order. Produce the merge. State its complexity, the buffer it requires in events and in bytes, what happens when one partition is idle, and what you do with an event that arrives after you have already emitted its position. Payloads average 1 KB.
Approach
- Merge with a min-heap over the 64 partition heads keyed on (occurred_at, event_id): O(log P) per event and O(n log P) overall. The tie-break on event_id is what makes the output deterministic when two partitions carry the same millisecond, which matters because the feed is paginated and a non-deterministic order reorders pages under the reader.
- Emitting the heap head is only correct once every partition has produced everything up to that timestamp, so the emit condition is a watermark: the minimum across partitions of the highest occurred_at seen, less the allowed lateness. Events are held until the watermark passes them, which is what turns individually ordered streams into a jointly ordered one.
- Size the buffer from the lateness rather than guessing: 4,000 events per second times 30 seconds is 120,000 buffered events, and at 1 KB each about 120 MB of heap. That number is the real price of the ordering guarantee and belongs in front of whoever asked for it.
- Handle the idle partition explicitly, because it fails the feed rather than corrupting it: a partition with no traffic never advances its own maximum, so the watermark freezes and output stops entirely. Either every partition emits a periodic idle marker carrying the broker's current time, or the watermark falls back to wall clock for a partition silent beyond a threshold.
Follow-up
- The lateness budget is raised to five minutes. What is the new buffer, and what besides memory changes?
- The consumer restarts. Where does it resume from, and what does the feed look like for the first 30 seconds?
Stop tag and share joins from fanning out a page
resource_tag is (resource_id, tag_id) with PK (resource_id, tag_id); resource_share is (resource_id, shared_with_user_id, permission). The tagged-and-shared listing inner-joins resource to both, filters tenant_id, tag_id = ANY($2) and shared_with_user_id = $3, orders by updated_at DESC and takes 50. Pages come back with fewer than 50 distinct resources and the total in the header is far too high. Explain the row multiplication, rewrite both the page query and the count query so each is correct, and name the index each one needs. PostgreSQL 16.
Approach
- Do the arithmetic against the predicates that are actually there. An inner join emits one row per matching child row, and both joins are filtered: tag_id = ANY($2) admits only the requested tags, shared_with_user_id = $3 admits one user's share rows. So a resource holding three of the requested tags and shared with $3 once yields three rows, not one — the multiplier is its count of matching tags times its share rows for that single user, and that second factor is 1 unless the table admits duplicate (resource_id, shared_with_user_id) pairs. LIMIT 50 then limits rows rather than resources, and COUNT(*) counts pairs — the header is the product, not the population.
- Reject DISTINCT as the fix. It deduplicates after the product has been built, so the planner must materialise and sort the fanned-out set before the LIMIT can apply, and it leaves any SUM or AVG in the same select list wrong.
- Rewrite both filters as semi-joins, keeping resource as the only row source: AND EXISTS (SELECT 1 FROM resource_tag rt WHERE rt.resource_id = r.resource_id AND rt.tag_id = ANY($2)) and the same shape against resource_share. A semi-join stops at the first match per resource and preserves the driving index order, so ORDER BY updated_at DESC, resource_id DESC LIMIT 50 still stops after 50 rows.
- Count with the same predicates and no join at all: SELECT count(*) FROM resource r WHERE r.tenant_id = $1 AND r.status = 'active' AND EXISTS (...) AND EXISTS (...). Nothing multiplies a resource, so the number is the population.
Follow-up
- The filter changes from 'any of these tags' to 'all of these tags'. Rewrite it and state what it costs relative to the ANY form.
- A resource can be shared with the same user twice under different permissions. Does your count change, and should it?
Find version gaps and relay lag with window functions
outbox_event holds event_id, aggregate_type, aggregate_id, aggregate_version, event_type, payload, status ('pending','published','dead'), attempts, created_at, published_at. A projection is missing rows and you must decide whether the relay skipped events or the consumer dropped them. Write three queries over the last seven days: one listing every aggregate_id whose published aggregate_version sequence has a hole, one giving per-day counts with a running total, and one returning the newest published event per aggregate. For each, say where the window function is evaluated relative to WHERE and LIMIT. PostgreSQL 16.
Approach
- Gaps: compute lead(aggregate_version) OVER (PARTITION BY aggregate_id ORDER BY aggregate_version) in a subquery, then filter next_version <> aggregate_version + 1 in the outer query. Window functions are evaluated after WHERE, GROUP BY and HAVING and before the outer ORDER BY and LIMIT, so the predicate cannot sit in the same WHERE clause and PostgreSQL 16 has no QUALIFY.
- Say what the seven-day filter does to the answer: it truncates every partition, so the first row per aggregate has no predecessor inside the window and a hole spanning the boundary is invisible. Widen the window, or join to resource.version as the authority for the true maximum.
- Running total: SELECT date_trunc('day', created_at) AS d, count() AS n, sum(count()) OVER (ORDER BY date_trunc('day', created_at) ROWS UNBOUNDED PRECEDING). An aggregate inside a window call is legal because grouping runs before windowing. The grouping key is unique per row here so ROWS and RANGE agree, but write the frame anyway — over ungrouped rows with tied timestamps the default RANGE frame pulls in every peer row and the total jumps.
- Newest per aggregate: DISTINCT ON (aggregate_id) ... ORDER BY aggregate_id, aggregate_version DESC is the cheap PostgreSQL-only form when an index matches that order; row_number() OVER (PARTITION BY aggregate_id ORDER BY aggregate_version DESC) = 1 is the portable form and needs a subquery for the same evaluation-order reason as the gap query.
Follow-up
- Relay failover redelivers events. Does a duplicate break the gap query, and how would you detect one from this table alone?
- Turn the gap check into a continuous monitor rather than a query someone runs after an incident. What does it watch?
Relay committed events to the log without gaps or reordering
outbox_event rows are written in the same transaction as the state change and carry aggregate_type, aggregate_id, aggregate_version, payload and status, with a partial index on (created_at, event_id) WHERE status = 'pending'. The relay publishes about 4k events/second to a partitioned append-only log keyed by aggregate_id, with one leader per partition range holding a lease. Consumers must never miss an event; they may see one twice. Design the claim-publish-mark loop, and state exactly what consumers observe when a leader's lease expires while it is mid-batch.
Approach
- Claim with SELECT ... WHERE status='pending' ORDER BY created_at, event_id LIMIT $batch FOR UPDATE SKIP LOCKED inside a transaction. SKIP LOCKED lets several relay workers share a range without serialising on each other's rows, and the partial index keeps the claim proportional to the backlog rather than to a table that is overwhelmingly published rows. At 4k/second a batch of 500 is eight claims per second, each an index scan of 500 entries.
- Publish before marking, never the reverse, and say why it is a choice. Marking first loses the event outright if the process dies in the gap, and the loss is silent - nothing remains to retry, and it surfaces later as a projection missing a row. Publishing first can repeat the event, and repetition is what every consumer is already built to survive. That single ordering is the whole at-least-once guarantee.
- Preserve the only ordering on offer. Partition by aggregate_id and never publish two events for one aggregate concurrently: claim in (created_at, event_id) order and publish sequentially within an aggregate, or hash aggregate_id to a worker slot. Order across aggregates is not available at any price here, which is why the event carries aggregate_version and the full fact rather than a delta - a consumer can then discard what it has already applied without coordinating with anyone.
- State the failover behaviour precisely, because it is the consistency-versus-availability decision in this design. A lease expires because the holder is slow, and no mechanism distinguishes that from dead, so for the length of the lease window two leaders can publish the same claimed batch. The system accepts duplicates to avoid stalling publication for every aggregate in the range whenever one worker pauses. Consumers deduplicate on (aggregate_id, aggregate_version) and drop anything at or below what they have applied.
Follow-up
- The relay is down 40 minutes and 9.6 million rows are pending. What does catch-up do to the primary, and what changes in the claim loop to survive it?
- A consumer insists it never received an event. Which single query settles whether the relay lost it, and what does each answer look like?
Specify the outbound webhook contract a customer endpoint can verify
Egress delivery sends resource.created, resource.updated and resource.archived to roughly 40k customer endpoints at about 1.5k deliveries/second, with a per-destination concurrency cap of 4 and a 10 second connect-plus-read timeout, at-least-once from the relay. The receiver is code you do not control, often behind a proxy that may re-encode JSON. Specify the payload envelope, how the receiver verifies authenticity and rejects replays, what ordering it may assume, how it deduplicates, which status codes it should return and what each means to us, and the retry, circuit and replay behaviour.
Approach
- Send the fact, not a pointer: event_id, event_type, aggregate_type, aggregate_id, aggregate_version, occurred_at and the payload copied from outbox_event. A receiver told only that resource 42 changed has to call back, and the call back returns a newer state than the event describes - that is precisely how a consumer applies changes out of order while believing it is following them.
- Sign the exact bytes on the wire: HMAC-SHA256 over the timestamp, a separator, and the raw body, in a header, compared in constant time before the body is parsed. Instruct receivers to verify the raw bytes, never a re-serialised copy, since a proxy that reorders keys or changes whitespace invalidates a signature computed over re-encoded JSON. Reject a timestamp outside a tolerance - five minutes is typical - and keep a short seen-set of event_ids, because a capture replayed inside the tolerance still verifies.
- Support key rotation by sending several signature values in one header during the overlap window and publishing that any one that verifies is sufficient. Without that rule a key rotation is a synchronised outage across every destination at once.
- State the guarantee as it actually is: at-least-once and unordered, including within a single aggregate_id. The outbox is ordered per aggregate at the source, but the relay holds up to 4 requests in flight per destination and backs off each retry independently, so a version 6 delivery that needs one retry lands after a version 7 that succeeded on its first attempt. Publishing per-aggregate ordering we do not enforce is worse than publishing none, because a receiver that trusts it overwrites new state with old. Receivers deduplicate on event_id and apply conditionally - UPDATE ... WHERE aggregate_version < :incoming, or the same comparison under a row lock on the aggregate - which discards stale redeliveries and stays correct when two deliveries for one aggregate are processed at the same time. A duplicate and an out-of-order delivery then have the same outcome: no-op.
Follow-up
- A customer insists an event never arrived. What do you check, in order, and which table settles the argument?
- A receiver cannot store a version and asks us to deliver their events in order. What would the relay have to give up to offer that, and what does one failing event then do to the rest of their stream?
p99 jumped on one listing filter while p50 stayed flat
After a release that added an owner_user_id filter to the resource listing, p99 rose from 90 ms to 1.9 s while p50 stayed at 40 ms. Traffic and row counts are unchanged. resource carries the index (tenant_id, status, updated_at DESC, resource_id DESC). The new query filters tenant_id and owner_user_id, orders by updated_at DESC, resource_id DESC, and takes 20 rows. On PostgreSQL, explain the shape of the regression, prove it from a query plan, and give the index you would add.
Approach
- Start from the shape. A flat p50 with a moved p99 means a subset of requests changed cost, not all of them, so the first job is naming the subset. Bucket the endpoint's latency by the tenant's row count; the natural hypothesis is that large tenants are a small share of requests and all of the tail.
- Get the plan for the new query on a large tenant with EXPLAIN (ANALYZE, BUFFERS). Expect an index scan over the tenant's range, a filter discarding most of it, then a Sort feeding the Limit, possibly reporting Sort Method: external merge Disk. Read actual rows on the scan node, not estimated.
- Explain why the existing index cannot serve it. A composite B-tree is seekable only as a left prefix, and with no equality predicate on status the scan cannot treat updated_at as an ordering, because rows in the tenant's range are ordered by status first. Everything matching must be read and sorted before LIMIT 20 can apply, so a tenant with 400,000 rows pays 400,000 rows to return 20.
- Add (tenant_id, owner_user_id, updated_at DESC, resource_id DESC). Equality on the first two columns leaves the index ordered by updated_at within that pair, so the plan becomes an index scan that stops after 20 rows with no Sort node. PostgreSQL can scan a B-tree backwards, so the DESC markers matter only if the two sort columns ever disagree in direction; keeping them explicit documents the order the keyset cursor depends on.
Follow-up
- The endpoint paginates with OFFSET. What does page 500 cost with your index, and what does the keyset version cost?
- How would you have caught this before release, given that a 10,000-row seed database produces the same plan shape at an unnoticeable cost?
Built from the rounds and topics upstox candidates report.
Prepare, practise & reflect
One practical outcome each day. Spend longer where you need it.
0 / 7 done01Map the upstox loop
- Write out the reported sequence: Initial Screening, Technical Evaluations.
- For each round, write one sentence on what it is judging, from the description above, and mark the one you are least ready for.
Deliverable: A one-page map of the 2 reported rounds, with the weakest marked.
02Work Data Structures & Algorithms (DSA)
- Spend the session on Data Structures & Algorithms (DSA), which upstox candidates report being tested on.
- Write one worked example in Data Structures & Algorithms (DSA) and time yourself on it.
Deliverable: One timed worked example in Data Structures & Algorithms (DSA).
03Work Android (App Development)
- Spend the session on Android (App Development), which upstox candidates report being tested on.
- Write one worked example in Android (App Development) and time yourself on it.
Deliverable: One timed worked example in Android (App Development).
04Work Problem Solving / Algorithmic Thinking
- Spend the session on Problem Solving / Algorithmic Thinking, which upstox candidates report being tested on.
- Write one worked example in Problem Solving / Algorithmic Thinking and time yourself on it.
Deliverable: One timed worked example in Problem Solving / Algorithmic Thinking.
05Answer out loud: Behavioral and Fitment
- Answer aloud, timed: Why are you looking to switch from your current organization?
- Answer aloud, timed: Describe a time you had to advocate for a technical decision that was initially rejected.
Deliverable: Spoken answers to 2 reported Behavioral and Fitment question(s), under time.
06Rehearse your own examples
- Prepare three examples from your own work where you made the decision, each with the outcome you can quantify.
Deliverable: Three examples written out, each with a number attached.
07Dry run for upstox
- Run one full mock under time, then write down the two questions you most want to ask your interviewers.
Deliverable: A completed timed mock and two questions to ask.
Expand any day for tasks and deliverables. Your progress is saved on this device.
Behavioural rounds judge the decision you made and what it cost.
Why are you looking to switch from your current organization?
Why are you looking to switch from your current organization?
Approach
- Pick a story where you made the decision, not one where you watched it.
- State the situation in two sentences and spend the rest on the reasoning.
- Give the blast radius: what could have broken, and what you measured.
- Name the disagreement and how you resolved it with evidence.
Follow-up
- What would you do differently if you ran that again?
- How did you know your change caused the improvement?
Describe a time you had to advocate for a technical decision that was initially rejected.
Describe a time you had to advocate for a technical decision that was initially rejected.
Approach
- Pick a story where you made the decision, not one where you watched it.
- State the situation in two sentences and spend the rest on the reasoning.
- Give the blast radius: what could have broken, and what you measured.
- Name the disagreement and how you resolved it with evidence.
Follow-up
- What would you do differently if you ran that again?
- How did you know your change caused the improvement?
How do you handle tight deadlines during high-pressure market scenarios?
How do you handle tight deadlines during high-pressure market scenarios?
Approach
- Pick a story where you made the decision, not one where you watched it.
- State the situation in two sentences and spend the rest on the reasoning.
- Give the blast radius: what could have broken, and what you measured.
- Name the disagreement and how you resolved it with evidence.
Follow-up
- What would you do differently if you ran that again?
- How did you know your change caused the improvement?
Tell me about a time you mentored a junior engineer or improved team processes.
Tell me about a time you mentored a junior engineer or improved team processes.
Approach
- Pick a story where you made the decision, not one where you watched it.
- State the situation in two sentences and spend the rest on the reasoning.
- Give the blast radius: what could have broken, and what you measured.
- Name the disagreement and how you resolved it with evidence.
Follow-up
- What would you do differently if you ran that again?
- How did you know your change caused the improvement?
What draws you to the fintech industry and specifically to Upstox?
What draws you to the fintech industry and specifically to Upstox?
Approach
- Pick a story where you made the decision, not one where you watched it.
- State the situation in two sentences and spend the rest on the reasoning.
- Give the blast radius: what could have broken, and what you measured.
- Name the disagreement and how you resolved it with evidence.
Follow-up
- What would you do differently if you ran that again?
- How did you know your change caused the improvement?
- 01
Why are you looking to switch from your current organization?
- 02
Describe a time you had to advocate for a technical decision that was initially rejected.
- 03
How do you handle tight deadlines during high-pressure market scenarios?
- 04
Tell me about a time you mentored a junior engineer or improved team processes.
Is the technical assessment very difficult?
The technical rounds are rigorous and focused on real-world application rather than just theory. Expect to discuss the trade-offs of your past implementations and how you would scale them.
upstox Software Engineer candidate reports ↗How long does the entire process take?
The process is generally efficient, often moving from the initial screen to final decisions within a few weeks, provided you are available for scheduled rounds.
upstox Software Engineer candidate reports ↗Does Upstox value certifications?
Practical experience and the ability to solve problems are valued significantly higher than certifications. Focus your preparation on your past projects and technical depth.
upstox Software Engineer candidate reports ↗What topics does upstox test in interviews?
upstox interviews most often cover System Design, Data Structures & Algorithms (DSA), Low-Level Design (LLD), Engineering Management, and iOS (Swift, SwiftUI). The exact emphasis depends on the specific role you apply for.
upstox Software Engineer candidate reports ↗Sources & methodology 3 sources ↗
No official company page is cited. Rounds and questions come from candidate reports and PracHub editorial material; each source shows the date it was read.
- 01upstox Software Engineer candidate reports ↗
Company-reported rounds, questions and FAQ.
Candidate reports · Accessed 2026-09-22 - 02PracHub Software Engineer practice ↗
PracHub practice material, not company-reported.
PracHub page · Accessed 2026-09-22 - 03PracHub preparation framework ↗
PracHub preparation guidance.
PracHub page · Accessed 2026-09-22
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