Bengaluru-based stock trading startup Sahi has raised $10.5 million in a funding round led by Accel and Elevation Capital. The company plans to channel the capital towards product innovation, team expansion, and wider market reach across India.
Launched in December 2024 by Dale Vaz, former CTO of Swiggy, and Manish Jain, previously with Kotak Securities, Sahi has built a chart-centric trading app tailored for retail investors. Its interface integrates tools such as real-time Greeks, open interest tracking, technical indicators, and one-click order execution.
The platform, operated by Aaritya Technologies, has already seen over 200,000 downloads, reporting a 50% month-on-month increase in active traders. The company claims that nearly 20% of users have executed more than 500 trades within five months. With a flat Rs 10 fee per trade, Sahi positions itself as a low-cost alternative to legacy brokers, leveraging an AI-first infrastructure and lean operations.
“Sahi is built for the next generation of traders who expect real-time insights, intelligent automation, and seamless execution,” said Dale Vaz. The startup aims to stay ahead of regulatory changes, with new SEBI rules on retail algo trading set to take effect from August 1, 2025. In response, Sahi plans to roll out no-code strategy builders and multi-leg options execution tools.
Alongside its existing mobile and desktop platforms, Sahi’s web trading interface is also expected to launch this week.
Vaz, who founded Aaritya Technologies after stepping down from Swiggy in April 2024, previously held senior technology roles at Amazon India and Infosys. At Swiggy, he oversaw engineering for its diverse portfolio—ranging from food delivery and Instamart to Dineout and Genie.
The latest investment follows Aaritya’s seed funding round in September 2023, as Sahi looks to capture a larger share of India’s fast-evolving retail trading landscape.
