Sahi Raises $33 Million Series B at 3x Valuation Led by Accel and Elevation Capital
Discount broking startup Sahi has raised $33 million in a Series B round led by Accel and Elevation Capital at over 3x its previous valuation, as it doubles down on retail investors in tier 2 and 3 India.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $33 M |
| Stage | Series B |
| Lead investor | Accel |
| Sector | Sahi |
| Coverage | Startup Funding |
Sahi, the next-generation discount broking platform, has raised $33 million in a Series B funding round co-led by Accel and Elevation Capital, more than tripling its valuation in the process.
Round Snapshot
What Sahi Does
Sahi is building a mobile-first stockbroking and wealth platform for first-time investors:
Strategic Roadmap
Why It Matters
India's broking industry is consolidating around a handful of digital-first players. With more than 18 crore demat accounts in the country, Sahi is betting that the next 10 crore will come from outside metros — a thesis that has driven Accel and Elevation's increased exposure to retail investing platforms.
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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