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Raise Financial Services

Category: AI in Fintech

A technology-led financial services company building a super app for investing and trading. Raise Financial Services was founded in 2021. The company is led by Pravin Jadhav. Based in Mumbai, India. Team size: 201-500. Total funding raised: $142M. Latest round: Series B. Key investors include Hornbill Capital, ChrysCapital, Alpha Wave Global, BEENEXT, Mirae Asset Venture Investments, 3one4 Capital.

Founded
2021
Headquarters
Mumbai, India
Team size
201-500
Total funding
$142M

Value proposition

To provide a fast, seamless, and technology-driven investing and trading experience, focusing on exceptional product quality and a customer-centric approach without the constraints of legacy systems.

Products and solutions

Dhan (flagship stockbroking platform), Dhan App (for investors & traders), Dhan Web, Options Trader App by Dhan, Dhan APIs (for building custom trading solutions), Fuzz AI (agentic AI platform for finance professionals), ScanX (market research & analytics platform), Artham (7B-parameter SLM for Indian capital markets), Stratzy (algorithmic investing & trading platform), Upsurge.club (stock market education platform), Filter Coffee (financial media)

Unique value

Raise Financial Services is building its entire technology stack from the ground up, which allows for greater flexibility and innovation compared to incumbent brokers relying on legacy systems. Their primary focus is on superior product and user experience for traders and investors.

Target customer

Retail investors and traders in India, ranging from long-term investors to active day traders and 'super traders'.

Industries served

Financial Services, Fintech, Capital Markets

Technology advantage

The key advantage is their technology-first approach, enabling rapid development and deployment of features. They offer robust APIs for the trading community, allowing for the creation of customized trading and investment experiences. This focus on a modern tech stack results in a faster and more reliable platform.

How they differentiate

Raise Financial Services, through its platform Dhan, focuses on 'super traders' and long-term investors. It differentiates itself by providing advanced technology-led features, such as direct trading from TradingView charts and the DhanHQ API for algorithmic trading, aiming for a superior user experience for seasoned market participants.

Main competitors

Zerodha, Groww, Upstox

Key partnerships

TradingView (for advanced charting and trading), Amazon Web Services (showcased Artham SLM at AWS re:Invent 2025), Avendus Capital (exclusive financial advisor for Series B funding)

Major milestones

Founded in 2021., Launched its flagship trading and investing platform, Dhan., Partnered with TradingView to offer direct trading from charts., Launched DhanHQ, an API platform for users to build their own trading strategies and systems., Achieved profitability in FY23., Raised $120 million in a Series B funding round, achieving unicorn status in October 2025., Launched Fuzz AI, an agentic AI platform for finance professionals (2025)., Launched Artham, India's first 7B-parameter SLM for capital markets, showcased at AWS re:Invent 2025 (Dec 2025)., Acquired algo-trading platform Stratzy (April 2026)., Acquired GreenLife Insurance Broking to enter insurance distribution (2026)., Reported ~₹900 crore revenue in FY25 and ₹155 crore net profit in FY24.

Growth metrics

The company achieved profitability in FY23 (net profit INR 7.16 Cr). For FY24, it reported a net profit of INR 155 Cr, swinging from a loss of INR 22 Cr the prior year. Estimated revenue for FY25 was approximately INR 900 Cr, up from INR 380 Cr in FY24. Tracxn reports employee count of 331 as of March 31, 2026; company website states team of 550+.

Market positioning

Dhan is positioned as a premium trading platform for active, experienced, and frequent traders in the Indian stock market, rather than focusing solely on new or casual investors.

Geographic focus

India, with a focus on customers in metropolitan areas as well as Tier-I and Tier-II cities.

Patents and IP

Information on patents or specific IP is not publicly available.

About Pravin Jadhav

Previously served as the Founder, Managing Director & CEO of Paytm Money, where he led the company to become a leader in the Indian investment and wealth management sector.

Official website: