Launch · Financial Services
Dhan and Samco Securities launch US stock access for Indians
By Startup Enthusiast ·
- Date
- Company
- Dhan
- What it does
- Investment platform for US stocks
- Kind
- Launch
- Sector
- Financial Services
What they do
Dhan is an investment app that lets Indians buy US stocks and ETFs
What happened
It launched global access via GIFT City, partnering with ViewTrade and GlomoPay
Why it matters
The platform charges no custody fees and a 0.25% brokerage on transactions
The details
- Dhan and Samco Securities launched global investment access for Indian investors.
- The access is through the GIFT City route in Gandhinagar.
- Dhan introduced US stocks and ETFs via its app.
- ViewTrade is the brokerage partner for Dhan.
- GlomoPay provides payments technology for Dhan.
- Samco Securities launched its global investment platform on June 11.
- Samco received a broker-dealer licence from the IFSCA at GIFT City.
The bigger picture
- Indian investors can now directly invest in US-listed securities without opening a foreign account.
- The GIFT City route offers regulatory clarity and tax benefits for cross-border investments.
- This launch expands the options for Indians seeking international diversification.
About the business
- Dhan offers SIPs in US stocks and ETFs, super orders, and portfolio tracking with analytics.
- Dhan integrates fund transfers with leading Indian banks for direct movement into investors' US accounts.
- Samco platform provides research coverage on more than 700 global securities, including S&P 500, NASDAQ 100, and over 100 ETFs.
- Samco offers quantitative research, investment recommendations, target prices, stop-loss frameworks, and portfolio monitoring.
What happens next
- Dhan plans to add more banking partners for fund transfers.
The deal
- Type
- launch
More on Dhan
- Dhan launches Gold Vault for physical gold and silver29 April 2026 · Launch
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- Dhan crosses one million users11 March 2026 · Launch
- Dhan crosses 1 million users in February 202610 March 2026 · Milestone
- Dhan reports Rs 408 crore net profit for FY253 February 2026 · Results · Rs 408 crore
- Dhan CEO comments on new tax rules for share buybacks1 February 2026 · Policy
- Dhan completes ₹50 crore ESOP buyback for employees24 December 2025 · Milestone · ₹50 Cr
- Dhan raises $120M Series B, early angels exit12 December 2025 · Funding · $120M
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