Sahi Raises USD 33 Mn in Series B Funding Led by Accel

Bengaluru-based broking platform Sahi has raised USD 33 million in a Series B funding round led by venture capital firm Accel, with participation from Elevation Capital. The latest investment values the company at around USD 200 million.

Accel Growth contributed nearly USD 20 million, while the remaining funds came from existing investors. 

The round comes less than a year after Sahi raised USD 10.5 million in its Series A funding in June last year.

The company will use the fresh capital to strengthen its technology and artificial intelligence capabilities, expand its product offerings into new trading categories, and grow its user base.

Founded in 2023 by former Swiggy Chief Technology Officer Dale Vaz and former Kotak Securities executive Manish Jain, the company began operations in January 2025. It currently provides futures and options (F&O) as well as cash trading services. The platform has also secured a research analyst licence, allowing it to offer investment advisory services, although its primary focus remains on transactional trading.

The company reported significant growth over the past year, with trade volumes increasing 24 times and the number of active traders rising 19 times between April 2025 and March 2026. Sahi has executed more than 13 crore trades so far, with a majority occurring in FY26, and has onboarded around 4 lakh demat accounts.

Operating in a competitive market that includes firms such as Zerodha, Groww, and Dhan, Sahi is focusing on its AI-driven approach to improve efficiency and user experience. The platform now handles over one million trades daily and accounts for about 3 percent of total market activity.