Stock trading platform Sahi has raised $33 million in a Series B funding round led by Accel, with participation from Elevation Capital, valuing the company at around $200 million.
Accel Growth contributed approximately $20 million, with the remaining capital coming from existing investors. The round comes within a year of Sahi’s $10.5 million Series A raise, marking a 3X jump in valuation from $60 million.
Founded in 2023 by Dale Vaz and Manish Jain, the platform began operations in January 2025 and focuses on performance driven traders, offering futures and options (F&O) and cash trading services.
The company plans to use the fresh capital to strengthen its AI and technology stack, expand into new trading categories, and scale its user base.
Sahi has also secured a research analyst licence, enabling it to offer advisory services, although its current focus remains on transaction-led trading rather than full-scale wealth management.
The startup claims rapid traction, with trade volumes growing 24X and active traders increasing 19X between April 2025 and March 2026. It has executed over 13 crore trades, with the majority coming in FY26, and has onboarded around 4 lakh demat accounts.
Operating in a highly competitive space alongside Zerodha, Groww, and Dhan, Sahi is positioning itself as an AI-native trading platform focused on improving trader outcomes while maintaining operational efficiency.
The company currently contributes around 3% of daily trading volumes and has recently crossed one million trades per day, highlighting strong user engagement.
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