Funding Alert

Broking Platform Sahi Raises $10.5 Million in Series A Funding Led by Accel and Elevation Capital


Algorithmic trading startup Sahi has raised $10.5 million in a Series A funding round led by existing investors Accel and Elevation Capital. The fresh funding comes just six months after the company’s launch in December 2024, and will be deployed to enhance Sahi’s product capabilities, accelerate market expansion, and bolster its team.

Founded by Dale Vaz and Manish Jain, Sahi is aiming to democratize access to advanced trading tools for retail investors. Operating as a registered broker on NSE and BSE through Aaritya Broking Private Limited, Sahi offers a high-performance trading platform tailored for India’s growing base of active traders.

Sahi has witnessed rapid traction, with over 200,000 app downloads in less than six months. The platform reports that over 20% of users completed 500+ trades, and more than 50% executed 100+ trades during the same period. This early momentum highlights the strong appetite for advanced yet user-friendly trading tools among India’s retail traders.

The startup’s core differentiator lies in its “chart-first” approach, which merges trading analysis and execution into a single screen. Users can access features like real-time Greeks, open interest data, technical indicators, and auto trailing stop-loss. Sahi also offers brokerage at nearly half the cost of major competitors. Upcoming additions include visual no-code strategy builders and multi-leg options execution, reinforcing its commitment to building India’s most advanced retail trading platform.

The funding also comes at a time when the Securities and Exchange Board of India (SEBI) is actively encouraging wider participation in algorithmic trading, particularly among retail investors—making Sahi’s value proposition even more relevant.

Commenting on the fundraise, Dale Vaz, Co-founder & CEO, and Manish Jain, Co-founder & CPO, said:

“The response validates our belief that individual traders deserve professional-grade tools without the complexity. This funding accelerates our mission to level the playing field in a market where institutional players capture most of the trading profits.”

Manasi Shah, Vice President at Accel, added:

“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. The Sahi user is the most cutting edge, valuing speed, seamless experience, and automation.”

Vaas Bhaskar, Partner at Elevation Capital, said: “We believe Dale and Manish are building with deep customer obsession and have created a never-before-seen broking experience, combining all parts of the trader’s journey—research, execution, and post-trade.”

As the demand for sophisticated retail trading tools rises in India, Sahi aims to lead the charge with a blend of intuitive design, advanced automation, and cost efficiency—positioning itself as a disruptive force in the next generation of online broking.

 

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