DBT Bureau
Pune, 30 April 2026
Sahi, the broking platform built for performance-driven traders, announced a $33 million Series B funding round led by leading venture capitalfund Accel with participation from Elevation Capital. The latest raise from Accel’s dedicated growth fund comes less than a year after its Series A following a rapid product innovation, strong customer adoption, and accelerating trading activity on the platform.
Founded by Dale Vaz and Manish Jain in August 2023, Sahi is an NSE and BSE registered broker built on a simple thesis: serious retail traders and investors deserve more. They bring real ambition to markets and demand the same tools, speed, and intelligencethat institutions take for granted, without the six-figure terminal fees. The platform’s chart-native interface lets traders analyse, decide, and execute without switching between disconnected tools — a workflow choice that has driven deep engagement amongexperienced market participants.
Since launch, Sahi has built its entire trading stack from the ground up — proprietary charting, order execution, and automation features for risk management that have resonated strongly with active derivatives traders. The resulthas been rapid, with a 24x increase in trade volumes, and 19x growth in active traders (April 2025 to March 2026). This momentum is underpinned by strong platform scale, with 13 crore+ trades executed, of which over 86% came in FY26 alone. The platform hasalso onboarded ~4 lakh demat accounts, setting the stage for this round.
Dale Vaz, Co-founder and CEO, said: “India has over 45 million active investor accounts, but most active traders and investors still struggle withthe 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 confidenceand clarity. This round lets us go deeper on that bet.”
Manish Jain, Co-founder and CPO, said: “Every trader operates differently – how they analyse markets, when they act, and what slows them down. At Sahi, we’ve built for theseworkflows, shaping the product around real frustrations rather than assumptions. That’s what defines Sahi: purpose-built for how traders actually work.”
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 on building the best product for the customers and striving hard to give them an edge to win. Over the past year, Dale, Manish, and the team have demonstrated an impressive pace of product innovation. At Accel, we’re excited to deepen our partnership with them as they continue to shorten the time from insight to execution for traders across India.”.
Vaas Bhaskar, Partner at Elevation Capital, said, “Over the past year, we’ve seen Sahi evolve from a strong thesis to a platform demonstrating meaningful traction and user love with active traders. Dale, Manish, and the entire team’s customer obsession and understandingare phenomenal, and are demonstrated in the early success of the platform. Thus, we believe Sahi is well-positioned to build the next-generation trading and investing platform for India.”
