Funding · Financial Services
Sahi raises $33m in series b led by accel india
By Startup Enthusiast ·
- 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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