Sahi has secured $33 million in a Series B funding round led by Accel with participation from Elevation Capital, as the Bengaluru-based broking platform looks to strengthen its position in India’s fast-growing active retail trading market. Founded in 2023 by Dale Vaz and Manish Jain, Sahi said the fresh capital will be used to deepen investments in its technology and AI capabilities, expand into new trading categories, and scale its user base. The NSE and BSE-registered broker has built a chart-native trading platform aimed at active traders seeking professional-grade tools without high institutional costs.
The company reported sharp growth in the past year, recording a 24-fold rise in trade volumes and a 19-fold increase in active traders between April 2025 and March 2026. Sahi said it has executed more than 13 crore trades so far, with over 86 per cent processed in FY26 alone, while onboarding nearly four lakh demat accounts. Dale Vaz said retail traders in India continue to face challenges in accessing fast execution and quality insights, adding that the funding would help the company build a more efficient and intelligent trading ecosystem.
In Kolkata, rising participation from retail investors in eastern India, including Kolkata’s growing community of derivatives and equity traders, is driving demand for AI-powered and low-latency trading platforms. Industry observers believe platforms such as Sahi could see strong traction in the Kolkata market as younger traders increasingly shift towards technology-driven investment tools and advanced analytics.