Bengaluru-based stock trading platform Sahi has raised $10.5 million in a Series A funding round led by Accel and Elevation Capital. The investment comes just six months after Sahi’s launch and is aimed at accelerating product innovation, expanding its team, and reaching more traders across India.
Founded by Industry Veterans
Sahi was founded in 2023 by Dale Vaz, former CTO of Swiggy, and Manish Jain, former executive at Kotak Securities and Edelweiss. The company operates under its own broking license via Aaritya Broking Pvt Ltd. Since its launch in December 2024, Sahi has focused on empowering individual traders with advanced, easy-to-use trading tools.
Focus on Automation and AI
The fresh capital will be used to enhance Sahi’s product offerings, especially in automation and artificial intelligence. The company plans to introduce new features such as visual no-code strategy builders and multi-leg options execution tools. These innovations are timely, as the Securities and Exchange Board of India (SEBI) is set to allow algorithmic trading for retail investors starting August 1, 2025, a move that opens up new possibilities for individual traders.
Sahi already offers automation features like auto trailing stop-loss and an AI-powered market summary tool that helps users quickly understand market trends. The platform’s proprietary chart engine and single-click trading interface are designed to make trading seamless and efficient.
Rapid Growth and User Engagement
In less than six months, Sahi has recorded over 200,000 app downloads, with active trader numbers growing by 50% each month. Nearly half of its users are considered “power users,” executing over 100 trades, while about 20% have completed more than 500 trades within five months.
Sahi claims that 15% of its users are profitable, which is more than double the industry average for retail F&O traders, according to SEBI data.
Competitive Pricing
Sahi charges a flat fee of ₹10 per trade, which is half the industry standard of ₹20. The company says it keeps costs low by relying heavily on automation and AI, and passes these savings on to users.
Expanding the Team and Platform
With the new funding, Sahi plans to grow its 35-member team and expand its reach across India. The company is also set to launch a web-based trading platform, adding to its existing mobile and desktop offerings.
Investor Confidence
Both Accel and Elevation Capital have backed Sahi since its early days and continue to support its vision. “The future of trading globally is going to be disrupted by AI, and Sahi is racing ahead to be the best-in-class AI-led trading platform,” said Manasi Shah, Vice President at Accel.
Looking Ahead
Sahi’s founders believe this is the right time to build in the broking space, especially as technology and regulations evolve. Their goal is to create a single, end-to-end product that covers the entire trader journey from research and execution to post-trade analysis.
With its latest funding, Sahi is well-positioned to bring advanced trading tools to more retail investors and reshape the trading experience in India.
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