Stock broking platform Sahi in talks to raise $50-M

Bengaluru-based Sahi is in talks to raise USD 40 million to USD 50 million at a valuation of USD 400 million to USD 500 million.Founded in 2023 by Dale Vaz and Manish Jain, Sahi is a trading platform that integrates charting tools with order execution on a single screen and features an AI assistant named Kyro, which allows users to analyze data and create custom indicators through text-based instructions.The company plans to use the capital to support its growth as it competes with established discount brokers. Sahi currently charges a flat fee of INR 10 per order on futures and options contracts following a 30-day free period for new users.