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Funding · Financial Services

Sahi raises $33m in series b led by accel india

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Date
Company
Sahi
What it does
Stock trading platform for retail investors
Kind
Funding
Amount
$33M
Stage
Series B
Founded
2023
Sector
Financial Services

What they do

Sahi is a stock and options trading platform offering chart-based interfaces and real-time data to retail traders

What happened

The company raised $33 million in its Series B round led by Accel India at a post-money valuation of Rs 1,816 crore

Why it matters

Trade volume surged 24 times year-on-year while the company reported a net loss of Rs 19 crore in FY25

The details

  • Sahi raised $33 million in a Series B funding round led by Accel India.
  • The investment values the company at a post-money valuation of Rs 1,816 crore.
  • Accel India increased its stake to 29.58% with an investment of Rs 240.6 crore.
  • Elevation Capital participated in the round contributing Rs 59 crore to hold a 19.58% stake.
  • Total funds raised by Sahi now stand at approximately $50 million across all rounds.
  • Co-founders Dale Vaz and Manish Jain saw their combined stake fall to 38.5%.
  • The company has onboarded roughly 4 lakh demat accounts according to its own claims.
  • NSE data shows approximately 1.10 lakh demat accounts as of February 2026.

The bigger picture

  • The funding highlights strong investor interest in new-age fintech platforms despite market volatility.
  • Sahi competes directly with established players like Zerodha, Groww, and Dhan.
  • The rapid growth in user base signals increasing adoption of digital trading tools among retail investors.

About the business

  • Sahi operates as Aartiya Technologies Private Limited or Aaritya Broking Pvt Ltd.
  • It provides a stock and options trading platform designed for active retail traders.
  • The app features a chart-based interface with real-time data and open interest metrics.
  • Users can access technical indicators and execute trades via one-click execution functionality.
  • The company targets individual investors seeking advanced tools typically reserved for professional traders.
  • Sahi generates revenue through trading commissions and other financial services offered on the platform.
  • It operates primarily in the Indian market focusing on equity derivatives and cash segments.
  • The platform aims to simplify complex trading strategies for everyday users through intuitive design.
  • Growth is driven by aggressive onboarding campaigns targeting first-time demat account holders.

What happens next

  • Sahi plans to expand its user base beyond the current 4 lakh accounts.
  • The company will likely enhance its technical indicators and charting tools.
  • Further product improvements aim to retain the 19X growth in active traders.

The deal

Type
Series B

Investors

  • Accel India (lead) — Global venture capital firm investing in technology companies across emerging markets.
  • Elevation Capital (co-lead) — Venture capital firm focused on consumer internet and fintech startups in India.

Founders

  • Dale Vaz, Co-founder
  • Manish Jain, Co-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

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