TradingView and Dhan partnership allow Indian investors to trade directly on TradingView
- ByStartupStory | November 11, 2022
On November 10, the stock broking platform Dhan, which is owned by Raise Financial Services, announced that it had further deepened its partnership with the charting platform TradingView, which is based in the United States. This partnership will allow Indian investors to place trades directly on TradingView’s platform. TradingView has over 30 million users and enables traders, investors, and other financial market participants to make educated choices by providing trading information. Users will be able to access Trading View’s primary product, which is called Connect to Trading Panel, as a result of the relationship.
trDhan and TradingView formed a partnership in December 2021 to make it possible for users to trade via the charts of the latter company in equities, options, and futures for indices, commodities, and currencies. Dhan’s creator and current CEO, Pravin Jadhav, was quoted as saying, “In line with our objective to provide customers with trading experiences unlike any they have had before, this relationship is yet another positive step in the right path for us. In order to provide traders and investors in India with the most advantageous charting experience possible utilizing a method that is driven by technology, we will continue to look for more synergies with TradingView.”
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According to the business, the connectivity is present across all of TradingView’s platforms, including web applications, mobile apps, and desktop programmes. “Because we have such a strong collaboration with a technology-driven trading platform like Dhan, we are now able to make the Brokers area available to our Indian consumers for the very first time. I hope that users of Dhan and the larger trading community in India will be able to experience for the first time the many exciting features and capabilities that this new prospect brings, and that they will be able to trade more effectively with the trading tools provided by TradingView “TradingView’s Vice President of International Growth, Rauan Khassan, made this statement.
Raise Financial Services was established in January 2021 by Jadhav, who had previously served as the CEO of Paytm Money. Dhan is a component of Raise Financial Services. The site engages in competition with others such as Zerodha, Groww, and Upstox. Raise Financial Services kicked out its adventure in August 2021 by acquiring Moneylicious Securities. This move assisted the business in acquiring all of the essential memberships and licenses to launch an investing platform.
In February of 2021, Raise made the announcement that it has secured investment for its seed round, which was headed by Mirae Asset Venture Investments. It is unknown how much money was raised during the fundraising effort. Participants in the seed round included a wide variety of successful business people, such as Kunal Shah, founder and CEO of CRED; Kalyan Krishnamoorthy, CEO of Flipkart; Sameer Nigam and Rahul Chari, founders of PhonePe; Amrish Rau, CEO of Pine Labs; and Jitendra Gupta, founder and CEO of Jupiter Money.
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