Former Swiggy CTO’s stock-trading startup Sahi lands $10.5 million in funding led by Accel, Elevation Capital

Stock trading platform Sahi, founded by former Swiggy chief technology officer Dale Vaz and ex-Kotak Securities executive Manish Jain, has raised $10.5 million in a funding round led by Accel and Elevation Capital.

The Bengaluru-based startup plans to use the capital to accelerate product innovation, especially in automation, as the Securities and Exchange Board of India (Sebi) moves to allow algorithmic trading for retail investors.