Sahi, a high-performance broking platform built for active traders, has raised $33 million in a Series B funding round led by Accel, with participation from Elevation Capital. The round, led by Accel’s dedicated growth fund, comes less than a year after Sahi’s Series A and follows strong momentum in product innovation, user growth, and trading activity.
Founded in August 2023 by Dale Vaz and Manish Jain, Sahi is an NSE and BSE registered broker built on the belief that serious retail traders deserve institutional-grade tools without prohibitive costs. Its chart-native interface allows users to analyse, decide, and execute trades seamlessly within a unified workflow, reducing reliance on multiple platforms.
Since launch, Sahi has developed its entire trading stack in-house, including proprietary charting, order execution, and automation tools for risk management. This product-led approach has resonated strongly with active derivatives traders, driving a 24x increase in trade volumes and a 19x growth in active traders between April 2025 and March 2026. The platform has executed over 13 crore trades to date, with more than 86% recorded in FY26 alone, and has onboarded approximately 4 lakh demat accounts.
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, added: “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.”
The newly raised capital will be deployed to deepen investment in Sahi’s technology and AI stack, expand its product suite into new trading categories, and accelerate user acquisition.
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 by building a product that gives traders a real edge. We’re excited to deepen our partnership as they continue to shorten the time from insight to execution.”
Vaas Bhaskar, Partner at Elevation Capital, added: “We’ve seen Sahi evolve from a strong thesis into a platform demonstrating meaningful traction and strong user affinity among active traders. The team’s deep customer understanding is evident in the platform’s early success, positioning Sahi to build a next-generation trading and investing platform for India.”
