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Sahi Secures $33M to Revolutionize Trading with AI
29 Apr
Summary
- Sahi raised $33 million in Series B funding, valuing the company at $200 million.
- The platform integrates AI for personalized trading opportunities and risk management.
- Sahi aims to expand into commodities, MTF, and mutual funds, charging Rs 10 per order.
Trading platform Sahi has successfully closed a $33 million Series B funding round, led by Accel Global. This significant investment propels the company's post-money valuation to approximately $200 million, a substantial increase from its previous $60 million valuation. The funds will be instrumental in expanding Sahi's product suite and scaling its user base within the competitive discount broking sector.
Founded in 2023 by Dale Vaz and Mahish Jain, Sahi aims to attract serious retail traders by offering integrated charting, analytics, and execution tools. The platform is actively embedding AI capabilities into trading workflows to provide personalized opportunities and risk management solutions. This strategic move is expected to enhance user experience and trading efficiency.
Sahi plans to broaden its market reach by venturing into new categories such as commodities, margin trading facility (MTF), and mutual funds. It will continue to invest in its existing equities and derivatives platform, catering to experienced traders. The company also maintains a cost-efficient model, charging Rs 10 per order, approximately half the industry standard, and leveraging AI to keep its team lean.
