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Dhan raised Series B funding to expand its offerings, including a focus on AI and acquisitions, despite revenue crossing Rs 1,000 crore and a 20% decline in net profit.

PRIVATEJun 09, 20266 days ago

Amount Raised

₹10 Billion

Round Type

series b

MumbaiFinance

Description

Dhan has secured its Series B funding aimed at expansion into multiple financial services categories. This move comes amid a revenue increase to Rs 905 crore, although net profits have declined by 20% to Rs 326 crore. The funding will support initiatives like an AI investments and new financial products. Dhan seeks to diversify away from Futures and Options trading dependency.

Company Information

Company

Dhan

Location

Mumbai, Maharashtra, India

About

Dhan is a stock market investment and trading platform that aims to provide users with various financial services. The company is currently headquartered in Mumbai and is looking to expand its operations significantly through new funding. With a current valuation target of over $1 billion, Dhan competes with other notable platforms like Groww and Zerodha. The fresh funding round may help the firm further diversify its business offerings.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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