Stock-trading startup Sahi raises $10.5 million in funding led by Accel, Elevation Capital

Broking platform Sahi has raised $10.5 million in a Series A funding round led by existing investors Accel and Elevation Capital.

The startup will use the funds to speed up product innovation, focusing on automation, as Sebi prepares to allow algorithmic trading for retail investors.

It plans to grow its team and expand across India to support more active traders.

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As part of its plan, Sahi will launch new automation tools like visual no-code strategy builders and multi-leg options execution. It will also roll out its trading website this week, adding to its current mobile and desktop platforms.

"The response validates our belief that individual traders deserve professional-grade tools without the complexity," said Dale Vaz, Co-founder and CEO, and Manish Jain, Co-founder and CPO, in a joint statement. "This funding accelerates our mission to level the playing field in a market where institutional players capture maximum trading profits."

Manasi Shah, Vice President at Accel, said, "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.” 

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

About Sahi 

Launched in December 2024 by former Swiggy chief technology officer Dale Vaz and ex-Kotak Securities executive Manish Jain, Sahi provides a chart-focused interface with features like real-time Greeks, open interest tracking, technical indicators, and one-click trade execution. It uses AI-driven insights to help individual traders make smarter decisions.

The platform has crossed 200,000 app downloads and is growing 50% month-on-month in active traders. The company says over 20% of users have made more than 500 trades in five months and over half have placed 100+ trades.

By using a lean team and AI, Sahi claims it charges around 50% less in brokerage fees compared to bigger players.

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