Dhan

Mon, 11 May 2026 00:00:00 +0000

Dhan is an Indian retail stockbroking and investment platform operated by Raise Financial Services Private Limited, incorporated in 2021 and headquartered in Navi Mumbai, Maharashtra. The broker was co-founded by Pravin Jadhav, Vinay Patankar, and Ram Kalyan Medury. Pravin Jadhav is a fintech executive who previously served as chief executive officer of Paytm Money from 2019 to 2021, during Paytm Money’s transition from a mutual fund distribution platform to a full stockbroking service. After departing from Paytm Money, Jadhav co-founded Raise Financial Services with the express intent of building a stockbroking platform designed for active equity and derivatives traders, rather than for the first-time investor segment primarily served by Groww or the generic retail segment served by bank-backed full-service brokers.

Fyers

Mon, 11 May 2026 00:00:00 +0000

Fyers (operated by Fyers Securities Private Limited) is an Indian discount stockbroker and technology trading platform founded in 2015 by Tejas Khoday and Suraj Nair and headquartered in Bengaluru, Karnataka. Fyers is a privately held company that grew without publicly disclosed institutional venture capital, making it one of a small number of bootstrapped discount brokers in a sector where most major competitors have raised hundreds of millions of rupees in external funding. The company is not listed on any stock exchange.

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Dhan

Fyers