Raise Financial Services spends ₹50 crore on AI chips
By Abha Lohia ·
Raise Financial Services: revenue, valuation and funding and every story →
- Raise Financial Services runs the Dhan stockbroking app, the Fuzz research assistant and the Stratzy algorithmic trading platform
- It has put close to ₹50 crore into NVIDIA H200 graphics chips and ordered newer B300 Blackwell units for AI work
- Its CTO says owning a chip pays back in about a year against renting cloud capacity, with humans still overseeing trades
What happened
- Raise spent nearly ₹50 crore on GPUs.
- It runs H200 chips and ordered B300 units.
- Spend is treated mainly as R&D.
- Chips serve Dhan, Fuzz and Stratzy.
- Ownership pays back in about one year versus cloud rental.
Why it matters
- Owning compute can cut AI costs.
- Trading needs a human in the loop for risk.
- It shows broking apps betting on in-house AI.
The business
- Raise is a Mumbai markets firm.
- Dhan is its stockbroking platform.
- Fuzz is an AI research assistant.
- Stratzy offers algo trading.
The founders
In numbers
₹50 CrGPU spend · 2026
Words to know
- GPU
- Graphics processing unit, a chip used to train and run AI models.
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