Sahi Trading Platform Raises $10.5M from Accel, Elevation

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Sahi, a startup based in Bengaluru, just pulled in $10.5 million in its Series A round, funded again by Accel and Elevation Capital. Founded in 2024 by Dale Vaz (formerly Swiggy CTO) and Manish Jain (formerly with Kotak Securities), the company is upending India’s fintech space with a slick, AI‑powered trading tool. This fresh infusion will go into sprucing up its platform—especially adding algorithmic trading automation—hiring new talent, and expanding into more markets.

Since launching in December 2024, the uptake has been impressive: over 200,000 app downloads and a jaw‑dropping 50 percent month‑on‑month rise in active users. Commentators say Sahi’s single‑screen, chart‑first interface—with live Greeks, open‑interest stats, and one‑click execution—puts it ahead of the curve. Plus, brokerage fees at roughly half the market rate are making waves among retail traders.

Investors frame this funding as a bellwether for tech‑driven fintech—it’s not just confidence in Sahi, but a sign of broader appetite for AI‑led innovation in India’s trading industry. With this latest cash infusion, Sahi looks set to shake up the retail trading ecosystem.

1. Introduction

1.1 The fintech world is buzzing

Sahi’s $10.5M raise shines a spotlight on where things are headed: AI‑automation, faster execution, lower costs. Co‑led by Accel and Elevation, the round reflects growing belief in tools tailored for active retail traders.

1.2 It’s more than just funding

It also marks a shift—for the startup, for investors, for an entire class of users. India’s retail traders are no longer satisfied with legacy platforms. They’re choosing smarter, smoother systems. Enter Sahi.

2. Sahi Trading Platform’s Model

2.1 How It Works

2.1.1 Unified, chart‑centric interface

Operating under Aaritya Broking, Sahi delivers everything on a unified, chart‑centric interface. No jumping between tabs. You analyze, activate, review—all in one place.

2.1.2 AI-powered engine

Under the hood, the platform calculates Greeks, live open‑interest, technical patterns, cut‑time. One click, and trade. It’s fast, intuitive—and built for serious traders.

2.2 How It Makes Money

2.2.1 Competitive brokerage

Sahi charges about 50% lower fees than big players. That alone turns heads among retail traders who dread high transaction costs.

2.2.2 Premium features on the horizon

They’re cooking up no‑code bot builders and multi‑leg options tools. These advanced features? They’ll be premium add‑ons for serious algotraders.

3. Founders & Their Path

3.1 Dale Vaz

He’s Swiggy’s former CTO—so he knows scale. He’s dealt with massive traffic and high‑frequency systems. That kind of know‑how gives Sahi its technical backbone.

3.2 Manish Jain

From Kotak Securities, he brings finance execution chops. He knows the nuts and bolts of trading engines, compliance, regulations. A perfect complement to Dale’s tech.

3.3 How They Met

Tech brain meets finance brain. Dale needed trading depth. Manish needed speed and digital agility. They joined forces in 2024. They set out to fix trader pain—complex UIs, high fees, clunky automation.

4. Services, Features – What You Actually Get

• A robust chart engine loaded with live Greeks and indicators
• One‑click order execution, all on one screen
• Built‑in AI prompts during trade decisions
• Auto trailing stop‑loss to protect capital
• Upcoming no‑code strategy builder for DIY algos
• Multi‑leg options trading for pros
• Access from both mobile and desktop

Every tool exists for one purpose: make trading smoother—and smarter—for active users.

5. Core Problems Solved

Retail traders in India faced hurdles:

• Overly complex platforms
• Fee‑inflicted trading that eats profits
• Zero access to automation or strategy tools
• Painful workflow fragmentation

Sahi addresses each issue. By combining simplicity, affordability, and AI, they democratize tools that were once purely institutional.

6. Tracking Industry Momentum

India’s retail trading market has taken off—thanks to digital payments, smartphones, and SEBI loosening rules on algo‑trades. Every quarter, new traders join stock exchanges.

Meanwhile, platforms pushing AI, automation, and speed? They’re seeing hypergrowth. Sahi perfectly rides that wave.

7. Competitive Landscape

Big names like Zerodha, Upstox, Angel One all play here. Each offers low-cost trading. But Sahi stands out through AI-led automation, a unified UI, and fees that are about half standard rates.

Then there are global names like Interactive Brokers—they loom indirectly. Still, Sahi’s India-first design, regulatory belt, and local language focus give it a unique edge.

8. How Sahi Got Here

• Founded early 2024
• Launched consumer mobile app December 2024
• 200K+ installs in six months
• Active trader base climbing by 50% each month
• Over 20% of users hit 500+ trades in five months

So, traction speaks. And traction attracted big cheques.

9. Learning for Startups and Entrepreneurs

• Solve real user pain—not speculation
• Pair subject‑matter knowledge with tech rigor
• Competitive pricing amplifies reach
• Metrics speak louder than pitch decks
• Regulatory tailwinds can turbocharge product fit

Conclusion

Yeah, Sahi Trading Platform Raises $10.5M. But it’s not just a headline. It’s a statement: retail traders in India deserve better tools—tools that are fast, smart, intuitive, and cost‑effective. With this round, Sahi is armed to challenge incumbents and democratize algorithmic trading. And as India’s fintech boom rolls on, Sahi’s story is just getting started.

About Foundlanes

foundlanes.com thrives on stories like this. India’s fintech revolution, freshly minted funding, AI‑first tools—this is their bread and butter. They track such startups to spotlight innovation, investor sentiment, and sector disruption. For founders or backers, this is your daily dose of where Indian startup momentum lies.