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    • Dhan raises $120 million from Hornbill Capital and others to join unicorn club, scale Gen Z stock broking

      The round had to be reduced in size, by about $30-80 million, as talks between Alpha Wave and Dhan did not materialise, sources said. Moneycontrol was first to report on Dhan turning a unicorn back in July 2024.

    • Unicorn alert! Trading startup Dhan in discussions to raise $100 million at $1.5 billion valuation

      For Dhan, the new round will be its largest since its inception in 2021 and even the company’s valuation will increase significantly from around $150 million to a staggering $1.2-1.5 billion.

    • Raise Financial Services acquires e-learning startup Valuationary in second purchase

      With this acquisition, Raise aims to strengthen its investment and wealth stack by enabling investors and traders to learn about markets via Valuationary’s courses.

    • Raise Financial Services raises $22 million in Series A; allocates $15 million for trading platform Dhan

      Raise will use this investment to grow Dhan’s product, engineering, operations & customer experience teams, besides launching another product.

    • Dhan introduces direct trading through charts, ties up with TradingView

      Users will be able to trade directly through TradingView charts in equity, options and futures for indices, equity, commodity and currency, Dhan has said

    • Raise Financial buys Moneylicious, to foray into online stockbroking

      With the acquisition of broking firm Moneylicious Securities, Raise has the licences required to start an investment platform. The company is looking to launch an investment app for traders and long-term investors by the end of 2021.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347