Raise Financial Services is an emerging technology-led fintech company based in India, focused on developing innovative financial products and infrastructure. Founded in 2021 by former Paytm Money CEO Pravin Jadhav along with Alok Kumar Pandey and Jay Prakash Gupta, the company is revolutionizing retail investing and wealth management in India. Known for its flagship stock trading platform "Dhan," Raise targets super traders and long-term investors with a vision to raise the bar for financial products in India. As a fast-growing startup, Raise blends advanced technology and customer-centric design to serve the financially literate and aware population. This article explores key aspects of Raise Financial Services, including its founding, product offerings, funding journey, and future ambitions.
Raise Financial Services was founded in early 2021 with a mission to deliver outstanding financial services through cutting-edge technology. The leadership team, led by Pravin Jadhav, sought to build a platform from the ground up catering to a new generation of Indian investors who value sophisticated, user-friendly investment tools. The company’s vision revolves around empowering retail investors and super traders by creating products that are innovative, seamless, and tailored to this growing market segment.
Central to Raise’s offering is "Dhan," an online stock trading and investing platform that facilitates access to stocks, futures and options (F&O), commodities, mutual funds, ETFs, and IPOs. Launched with early access in 2021, Dhan is designed for both high-frequency traders and long-term investors, featuring an intuitive UI, advanced charting tools, and a Web and mobile app ecosystem. It has quickly gained traction among Indian retail investors looking for a modern, reliable trading experience.
Since its inception, Raise has attracted significant investor interest, raising over $22 million in a Series A funding round in 2022. Major investors include BEENEXT and Mirae Asset Ventures, alongside prominent Indian startup founders. This capital injection enabled Raise to accelerate product development, expand its engineering and customer support teams, and scale operations. By mid-2025, Raise’s team has grown to over 470 employees, highlighting rapid growth and organizational strengthening.
While Dhan remains Raise’s flagship, the company is broadening its portfolio with new financial products and services encompassing financing, insurance, payments, and wealth management. This multi-pronged strategy aims to address comprehensive financial needs of urban and metro Indian consumers, especially the emerging class of financially aware and literate users concentrated in Tier 1 and Tier 2 cities.
Raise prides itself on creating exceptional user experiences by combining technology with deep customer insights. The company’s ethos emphasizes speed, quality, and reliability, with a focus on meeting the demands of traders and investors who value efficiency and advanced features. This customer-centric approach is underpinned by offering proactive support and continually evolving their platform based on user feedback.
Raise Financial Services competes in India’s increasingly crowded fintech ecosystem alongside major players like Groww, Zerodha, Upstox, and Angel Broking. However, it differentiates itself through an emphasis on both super traders and long-term investors, innovative product features, and a strong technology foundation. Its valuation has reached around ₹873 crore (~$110 million) by mid-2025, reflecting investor confidence in its market potential.
Raise utilizes a technology-first approach to financial services, incorporating algorithmic trading capabilities, API integrations, and a web trading platform optimized for seasoned traders. They emphasize building scalable and robust systems to handle growing volumes of retail trading, offering features like TradingView chart integration, algo trading, and comprehensive market data analysis.
Raise has rapidly developed a reputation as a “Great Place to Work,” reflecting its commitment to employee well-being and growth. The company offers competitive benefits, healthcare plans extending to families, and fosters a collaborative culture. This focus on human capital is seen as integral to delivering outstanding customer service and driving innovation.
By simplifying access to sophisticated financial tools, Raise contributes to the financial inclusion of Indian retail investors. Its platform encourages participation in stock markets, mutual funds, and other securities by providing easy-to-use, transparent products. This aligns with a broader national trend of increasing financial literacy and digital adoption among India’s middle class.
Looking ahead, Raise Financial Services plans to invest heavily in expanding their product lineup, including launching new offerings targeted at first-time investors and deepening the integration of consumer financial services such as insurance and payments within their ecosystem. With continued funding support and market traction, Raise aims to become a comprehensive fintech powerhouse in India, transforming how individuals manage wealth and investments.
Raise Financial Services represents a bold new wave in India’s fintech sector by combining technology, innovation, and user-focused design to disrupt traditional investment platforms. From its successful launch of Dhan to ambitious plans for broader financial products, Raise is well-positioned to serve the evolving needs of India’s retail investors. As the company continues to grow, it raises intriguing questions about the future of financial services in emerging markets and the role technology will play in democratizing wealth creation.