Stock Broking Platform Dhan in Talks to Raise $150 Million at Unicorn Valuation
ChrysCapital leads term sheet as Dhan eyes billion-dollar valuation. Two other US investors also bid for the fast-growing trading platform.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $150 M |
| Valuation | $1 |
| Sector | Dhan |
| Coverage | Startup Funding |
Stock broking and trading platform Dhan is in advanced discussions to raise up to $150 million at a unicorn valuation, with ChrysCapital leading the term sheet. Two other undisclosed US-based investors have also submitted bids.
Funding Details
Deal Parameters:
About Dhan
Launched in 2021, Dhan has rapidly scaled in the retail trading space:
Competitive Landscape
Dhan competes with established players:
Growth Drivers
The platform's growth is driven by:
Market Context
India's online broking market continues to expand:
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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