● With this capital, Sahi will deepen investment in its technology and
AI stack, expand its product suite to new trading categories, and scale its
user base
Bengaluru: Sahi, the broking platform built for
performance-driven traders, today announced a $33 million Series B funding
round led by leading venture capital fund Accel with participation from
Elevation Capital. The latest raise from Accel’s dedicated growth fund comes
less than a year after its Series A following a rapid product innovation,
strong customer adoption, and accelerating trading activity on the platform.
Founded by Dale Vaz and Manish Jain in August 2023, Sahi is an NSE and BSE
registered broker built on a simple thesis: serious retail traders and
investors deserve more. They bring real ambition to markets and demand the same
tools, speed, and intelligence that institutions take for granted, without the
six-figure terminal fees. The platform's chart-native interface lets traders
analyse, decide, and execute without switching between disconnected tools — a
workflow choice that has driven deep engagement among experienced market participants.
Since launch, Sahi has built its entire trading stack
from the ground up — proprietary charting, order execution, and automation
features for risk management that have resonated strongly with active
derivatives traders. The result has been rapid, with a 24x increase in trade
volumes, and 19x growth in active traders (April 2025 to March 2026). This
momentum is underpinned by strong platform scale, with 13 crore+ trades
executed, of which over 86% came in FY26 alone. The platform has also onboarded
~4 lakh demat accounts, setting the stage for this round.
Dale Vaz, Co-founder and CEO, said:
"India has over 45 million active investor accounts, but most active
traders and investors still struggle with the complexity and effort of making
informed decisions. We built Sahi because we believe retail investors and
traders deserve more — clean and clutter-free UI, fast execution,
professional-grade insights, and a platform that helps them trade with
confidence and clarity. This round lets us go deeper on that bet."
Manish Jain, Co-founder and CPO, said: “Every trader operates differently - how they
analyse markets, when they act, and what slows them down. At Sahi, we’ve built
for these workflows, shaping the product around real frustrations rather than
assumptions. That’s what defines Sahi: purpose-built for how traders actually
work.”
Manasi Shah, Principal at Accel said “The rise of active retail trading in India is
structural, not cyclical and the platforms serving this community need to
reflect that ambition. Sahi - an AI native brokerage - continues to raise the
bar on building the best product for the customers and striving hard to give
them an edge to win. Over the past year, Dale, Manish, and the team have
demonstrated an impressive pace of product innovation. At Accel, we’re excited to deepen our
partnership with them as they continue to shorten the time from insight to
execution for traders across India.".
Vaas Bhaskar, Partner at Elevation Capital,
said, “Over the past
year, we’ve seen Sahi evolve from a strong thesis to a platform demonstrating
meaningful traction and user love with active traders. Dale, Manish, and the
entire team’s customer obsession and understanding are phenomenal, and are
demonstrated in the early success of the platform. Thus, we believe Sahi is
well-positioned to build the next-generation trading and investing platform for
India.”