Sahi is a trading performance-based stock trading platform co-founded by Swiggy, the former CTO, Dale Vaz. Sahi has raised $33 million in its Series B funding round. This was a huge capital infusion led by Accel and strongly backed by Elevation Capital. The growth fund led by Accel added about $20 million to the round, with the balance of the financing coming through earlier investors.

The current round places the Bengaluru-based startup at a valuation of approximately $200 million, more than three times higher than its Series A round of less than a year ago at a valuation of $60 million.

Primary focus and operational milestone

The capital is the newly obtained capital that will be allocated to various strategic projects that should witness Sahi cement its presence in the competitive Indian broking market. One of the key areas is expanding what the company invests in technology and an artificial intelligence stack. 

Sahi intends to advance its AI-native resources to deliver high-quality trading results to its customers and remain lean in its operations. The corporation intends to use the capital to diversify its products into new markets and vigorously grow its user base. This growth is at the heart of the objective of the firm to transform itself from a niche platform used by active traders to a more holistic provider of financial services.

Since its operations in January 2025, Sahi has recorded an impressive growth curve. The platform, which now focuses on futures and options (F&O) and cash, registered a 24-fold expansion in trade volumes and a 19-fold expansion in active traders between April 2025 and March 2026. 

The platform has already completed more than 13 crore trades, and of that, 86% of the action happened in the 2026 fiscal year. The firm has managed to introduce an average of 4 lakh demat accounts and has recently crossed the milestone of 1 million trades per day.

Rapid progression and regulatory strategy

Launched in 2023, Sahi by Dale Vaz and former Kotak Securities executive Manish Jain is emerging as a high-performance competitor to established companies such as Zerodha, Groww, and Dhan. Though the company has acquired a research analyst license to provide investment advisory services, its strategic focus is still strongly anchored on its transactional business. 

Sahi seeks to dominate a large portion of the daily turnover at the NSE and BSE by focusing on the active traders instead of penetrating the wider wealth management market directly. According to a platform, it contributes an average of 3% of daily trades in its operating segments.

The Series B round is a rapid development in the history of Sahi fundraising after a $10.5 million Series A round in June 2025 and a $6.8 million seed round in late 2023. After these rounds, the company’s shareholding structure, led by Aartiya Technologies Private Limited, has changed to a combination of institutional heavyweight and angel investors. 

Conclusion

The successful Series B raise by Sahi at $33 million is a historic moment in the Indian wealthtech space, especially as the active trading sector is still evolving. Sahi is in a position to disrupt the status quo of the Indian broking industry with a tripled valuation and a clear roadmap to product expansion.

As it keeps polishing its technology stack and integrating additional performance traders, the emphasis on speed and intelligence by Sahi may be the template for the future of digital trading in India.