Dhan funding, investors and company details
Dhan is an emerging Financial Services - Broking startup from Mumbai, working in the space of technology-driven stockbroking platform. Founded by Pravin Jadhav, Jay Prakash Gupta, Alok Pandey.
- Company: Raise Securities Private Limited
- Sector: Financial Services - Broking
- Location: Mumbai
- Founders: Pravin Jadhav, Jay Prakash Gupta, Alok Pandey
Company overview
Dhan, a technology-driven stockbroking platform, was established in 2021 and provides a broad range of financial services designed for users in Tier I and Tier II cities throughout India. The Dhan app, Option Trader app, Dhan Web platform, TradingView by Dhan, and the DhanHQ API for sophisticated traders and developers are all part of its product suite. Dhan reported a profit after tax (PAT) of about ₹400 crore in FY25, which was more than twice as much as the ₹177 crore it made in FY24, its first profitable year. Its revenue increased by 2.4× year over year to approximately ₹900 crore. Dhan, which operates in the quickly growing investment technology sector in India, provides monthly services to millions of active online brokerage users.
Funding rounds
- Latest round (Series B): $ 120.00 Mn (₹1,054.92 Cr.), 2025-10-06. Investors: Hornbill Capital, Mitsubishi UFG Financial Group, the Japanese banking giant, BEENEXT’s Accelerate Fund