Funding · Financial Services

Sahi raises $33 Mn in Series B round

By Startup Enthusiast · 29 April 2026

Date: 29 April 2026
Company: Sahi
What it does: Mobile-first trading platform for individual traders
Kind: Funding
Amount: $33 Mn
Stage: Series B
Founded: 2023
Sector: Financial Services

What they do

Sahi is a mobile-first trading platform for stocks and F&O (futures and options) trading

What happened

It raised $33 Mn (about ₹312 Cr) in Series B funding led by Accel, with Elevation Capital participating

Why it matters

The company plans to use the funds to expand into wealthtech and scale its user base, having onboarded 4 lakh demat accounts and serving over 13 crore traders

The details

Sahi raised $33 Mn (approximately ₹312 Cr) in a Series B funding round.
The round was led by Accel, with Elevation Capital participating.
The company is valued at over $200 Mn.
Sahi will use the funds to enhance its tech stack, expand its product suite for new trading categories, and scale its user base.
It also plans to foray into wealthtech (technology-driven wealth management services).
The company saw a 24X increase in trade volumes and 19X growth in active traders in FY26.
Sahi now serves over 13 Cr traders, with more than 86% added in FY26 alone.
It has onboarded 4 Lakh demat accounts (accounts that hold shares and securities in electronic form).

The bigger picture

SEBI (Securities and Exchange Board of India) tightened F&O regulations, limiting weekly expiries and increasing lot sizes.
Trade volumes increased 24-fold and active traders rose 19-fold between April 2025 and March 2026.
Competitor Dhan raised $120 Mn and became a unicorn (startup valued over $1 Bn) last year.
Dhan is also moving into wealthtech, and Groww is scaling wealthtech after acquiring Fisdom in late 2025.

About the business

Sahi is a mobile-first trading platform for individual traders.
It offers trading in stocks and F&O (futures and options) on mobile and web.
The platform has a proprietary chart engine that enables one-click single screen trading.
It provides real-time greeks (measures of how an option's price changes), open interest (total outstanding contracts), and technical indicators.
Sahi serves over 13 Cr traders, with most added in FY26.
It has onboarded 4 Lakh demat accounts.

What happens next

Enhance tech stack and expand product suite for new trading categories.
Scale user base and foray into wealthtech (technology-driven wealth management).

The deal

Type: Series B

Investors

Accel (lead) — Accel is a global venture capital firm that invests in technology startups.
Elevation Capital (participated) — Elevation Capital is an Indian venture capital firm focused on early-stage investments.

Founders

Dale Vaz, Founder
Manish Jain, Founder

About Sahi

Product: Mobile-first trading platform for stocks, futures, and options with proprietary charting engine
Customers: Retail traders focused on high-frequency derivatives and options trading
How it makes money: Brokerage model with commission on trades and premium features
What sets it apart: One-click professional-grade trading tools optimized for performance traders

Same day

All startup news on 29 April 2026 →