Sahi raises $33 million in Series B funding led by Accel Growth
29 Apr 2026, 01:15 PMElevation Capital and Accel India participated in the investment round.
Share the story on
Stock broking startup Sahi has raised $33 million in a Series B funding round led by Accel Growth.
Existing investors Elevation Capital and Accel India participated in the investment round.
Accel Growth alone contributed approximately $20 million, with the remainder coming from the returning backers.
The round values the company at around $200 million.
Sahi will use the fresh capital to deepen its technology and AI capabilities, broaden its product suite into new trading categories, and aggressively grow its user base.
The startup was founded in 2023 by Dale Vaz, formerly the Chief Technology Officer at Swiggy, and Manish Jain of Kotak Securities. Vaz led technology and engineering at Swiggy through its hypergrowth years before stepping away to build Sahi, while Jain brings deep institutional broking experience to the venture.
The Bengaluru-based platform began live operations in January 2025 and currently offers futures and options (F&O) as well as cash equity trading. It has also secured a research analyst licence to provide investment advisory services, though it remains focused on its core transactional business for now.
The startup had last raised $10.5 million in a Series A round led by Accel and Elevation Capital in June 2024, at a valuation of $60 million.
Sahi competes in a crowded field alongside Zerodha, Groww, and Dhan, and broking units of traditional banks.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
