Founded in 2023 by former Swiggy CTO Dale Vaz and ex-Kotak Securities executive Manish Jain, Sahi is a Bengaluru-based broking platform that began operations in January 2025. The platform offers futures and options (F&O) and cash trading services and has secured a research analyst license to provide investment advisory, though it remains focused on its transactional business rather than wealth management. Sahi reports rapid growth: trade volumes rose 24x and active traders increased 19x between April 2025 and March 2026, it has executed over 13 crore trades (with 86% occurring in FY26), and it has onboarded around 4 lakh demat accounts. The company claims to have over 400,000 demat accounts, contributes roughly 3% of daily trades, and its platform recently crossed one million trades per day. Operating in a competitive market with players like Zerodha, Groww, and Dhan, Sahi is emphasizing AI-native capabilities to stay lean and improve trading outcomes. Following its Series B, the company is positioned at an approximate $200 million valuation and plans to use funding to expand its product categories and scale users.

Total raised

$33M

Funding rounds

1

Latest round

Series B

Latest activity

Apr 2026