Dhan Eyes Up To $150 Mn Funding At A Unicorn Valuation

While ChrysCapital has already issued a term sheet to Dhan, two other undisclosed US-based investors have also submitted their bids

The fresh fundraise will boost the Mumbai-based startup’s current cash reserves of $100 Mn and enable it to diversify it into other financial services businesses

Dhan parent Raise Financial Services’ portfolio of products consists of stock broking app Dhan, the “Option Trader” app, an API platform for traders called DhanHQ API, among others

Trading platform Dhan’s parent Raise…