Mumbai-based fintech Raise Financial Services has acquired algorithmic investing and trading platform, Stratzy, in a cash & stock deal.
The deal is valued between $5 million and $6 million. It is a Mumbai-based fintech company founded in 2021 by former Paytm Money CEO Pravin Jadhav, focused on building technology-led products for trading, wealth management, and investing in India. Its flagship platform, Dhan, offers advanced tools for traders and investors, with a focus on serving metro and tier 1-2 cities.
Raise Financial Services previously acquired Moneylicious Securities, a Mumbai-based stockbroking firm in August 2021 and Filter Coffee, a financial media start-up in January 2025. It is also expected to take over wealthtech startup Infinyte Club. In October 2025, Q3 FY26, Raise raised $120 million in a Series B round led by Hornbill Capital and MUFG Bank, valuing the company at $1.2 billion.
Stratzy is India’s leading exchange registered algorithmic trading platform with over 100 approved multi-asset algorithms across Equity, Indices, F&O and Commodities. The platform simplifies algorithmic trading by enabling users to invest & trade in curated, ready-to-deploy strategies.
With this acquisition, Raise is looking to expand its algorithmic trading capabilities and also introduce a managed algo investing layer for its users on Dhan. Dhan currently has over 1 million users.
Commenting on the acquisition Pravin Jadhav, said Stratzy’s strength in algorithmic strategies and execution aligns closely with their vision of building a tech-first platform.
Mohit Bhandari, Co-Founder and CEO, Stratzy, said, “Being part of Raise Financial Services gives us access to scale, technology, infrastructure, and ecosystem to accelerate towards that mission.”
Published on April 21, 2026