Stock-trading firm Sahi lands $10.5 million in a round led by Accel, Elevation Capital

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Stock trading platform Sahi, founded by former Swiggy chief technology officer Dale Vaz and ex-Kotak Securities executive Manish Jain, has raised $10.5 million in a funding round led by Accel and Elevation Capital.

The Bengaluru-based startup plans to use the capital to accelerate product innovation, especially in automation, as the Securities and Exchange Board of India (Sebi) moves to allow algorithmic trading for retail investors.

Sahi also intends to scale its team and expand its reach across India to serve more active traders.

As part of its…



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Stock-trading firm Sahi lands $10.5 million in a round led by Accel, Elevation Capital


Stock trading platform Sahi, founded by former Swiggy chief technology officer Dale Vaz and ex-Kotak Securities executive Manish Jain, has raised $10.5 million in a funding round led by Accel and Elevation Capital.

The Bengaluru-based startup plans to use the capital to accelerate product innovation, especially in automation, as the Securities and Exchange Board of India (Sebi) moves to allow algorithmic trading for retail investors.

Sahi also intends to scale its team and expand its reach across India to serve more active traders.

As part of its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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