Launch · Financial Services

Raise launches Gen Z-focused investment app Millions

What they do

Raise Financial Services runs stock broking apps Dhan and Option Trader

It launched Millions, a goal-based investing app for Gen Z and first-time investors

Millions charges no brokerage for direct equity and a flat ₹20 for F&O trades

Raise Financial Services launched a new investment app called Millions.
Millions is aimed at Gen Z and first-time investors.
The app enables goal-based investing across mutual funds, stocks, SIPs, and IPOs.
Millions is SEBI-regulated and currently charges no onboarding or brokerage fee for direct equity investments.
For equity, ETF, intraday, and margin trades, Millions charges either ₹20 or 0.03% (whichever is lower).
For equity F&O, Millions charges a flat ₹20 per executed order.
The minimum SIP amount on Millions is ₹500.

Gen Z made up 40% of NSE-registered investors in FY25, up from 25% in FY20.
The median investor age in India dropped from 38 to 33, per RBI.
Millennials and Gen Z together controlled half of all mutual fund assets in 2025.
Brokers Groww, Zerodha, and Upstox now account for 80% of retail equity investors.

Raise targets users in Tier I & II cities with multiple financial services in stock broking.
Its product portfolio includes Dhan (stock broking app), Option Trader app, Dhan web platform, TradingView by Dhan, and DhanHQ API.
Raise also operates Upsurge (financial market info), ScanX (market research), and FuzzAI (AI trading insights on proprietary small language model Artham).
In May 2026, Raise acquired GreenLife Insurance Broking to enter insurance distribution.
In April 2026, Raise acquired Stratzy, an algo-trading platform with over 100 exchange-approved strategies.
Raise acquired new-age media startup Filter Coffee in 2025.
Raise is in talks to acquire wealthtech Infinyte Club for about $10M.
Earlier in 2026, Raise launched trading terminal DEXT T3 to expand in active trading.