Acquisition · Financial Services

Raise Financial acquires Infinyte Club for $13–15 million

By Startup Enthusiast · 1 April 2026

What they do

Dhan parent Raise Financial is acquiring 100% of Infinyte Club to add private market access

The deal values Infinyte at around $10 million in a mix of equity and cash

This follows Dhan's January 2025 acquisition of Filter Coffee as part of its growth strategy

Raise Financial Services is acquiring Infinyte Club to expand its financial ecosystem.
The deal values the target company at approximately $10 million in cash and stock.
Infinyte Club will be acquired 100% by Raise Financial Services.
Deal terms are finalised but pending board approval from Raise.
This marks the second acquisition for Dhan in the past 15 months.
Infinyte co-founder Ankita Tandon will head Raise's wealth management arm.
The acquisition fills a gap in private markets and ESOP liquidity for Raise.
Wealthtech investments remain active with recent funding rounds for competitors like Bachata.

The move strengthens Raise's position in the growing wealthtech sector.
It adds specialized services for startup employees and founders seeking liquidity.
The acquisition aligns with Raise's strategy of inorganic expansion in fintech.

Raise Financial operates the Dhan app for stock broking and trading.
The platform serves users in tier I and II cities across India.
Products include Option Trader, Dhan web, and TradingView integration.
Raise also offers the DhanHQ API for developers and traders.
The company operates ScanX and Upsurge alongside its core broking business.
Filter Coffee was acquired by Dhan in January 2025.
The ecosystem includes Valuationary and Moneylicious for broader financial services.
Raise reported revenue of Rs 877 crore in FY25.
Profit reached Rs 408 crore in FY25, up 2.6 times from FY24.

Hornbill Capital (Lead investor in Series B) — Led Raise's $120 Mn Series B round.
Elevation Capital (Investor in Infinyte Club) — Provided seed funding to Infinyte Club.
Kunal Shah (Angel investor) — Angel investor in Infinyte Club.
Vidit Aatrey (Angel investor) — Angel investor in Infinyte Club.
Gaurav Munjal (Angel investor) — Angel investor in Infinyte Club.
Harshil Mathur (Angel investor) — Angel investor in Infinyte Club.

Pravin Jadhav, Founder
Jay Prakash Gupta, Founder
Alok Pandey, Founder
Ankita Tandon, Co-founder of Infinyte Club; Head of Wealth Management at Raise
Joylita Saldanha, Co-founder of Infinyte Club