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Sahi trading platform has raised $10.5 million in its seed funding round. The round was co-led by Elevation Capital, along with Accel, as reported by Inc42.
Sahi cofounders Dale Vaz and Manish Jain said in a joint statement, “…we are redefining the trading customer experience with faster, more efficient trading workflows that keep serious traders in flow state where peak performance happens. This funding accelerates our mission to level the playing field in a market where institutional players capture maximum trading profits.”
The trading platform, Sahi, has been designed with one clear goal, i.e., to simplify trading for the everyday person. Unlike complex platforms that often cater to experienced investors, Sahi focuses on those who are just beginning their journey in the stock market.
The trading platform is built with everyday investors in mind. Unlike complex tools aimed at experienced traders, Sahi focuses on simplicity, education, and clarity.
The stock trading app will offer features such as educational content, real-time alerts, simple language instructions, and a user-friendly interface to help users understand and manage their investments.
One of the biggest highlights of this funding round is the support from Elevation Capital, a well-known venture capital firm in India. Elevation has backed several successful startups in the country across various sectors, and its investment in Sahi, the trading startup, signals strong confidence in the platform’s future.
In a statement, Elevation Capital mentioned that they see great potential in the rise of digital stock trading platforms in India. With increasing financial awareness among young Indians and rising internet penetration, the market for beginner-friendly trading tools is expected to grow quickly.
India’s retail participation in the stock market has grown significantly in recent years. Millions of new investors opened Demat accounts during and after the pandemic, driving demand for accessible and trustworthy platforms.
This is where the Indian stock trading startup ecosystem has seen rapid innovation. Sahi enters the market at a time when young investors are actively seeking platforms that are educational and safe to use.
The company plans to use the newly raised funds to build out its team, develop its mobile platform, and roll out new features. A beta version of the stock trading app is expected to launch in the coming months, with a full launch planned by early next year.