Raise Financial Services

Building technology led financial services for India

Thane, India · Founded 2021

Headquarters
Thane
Employees
501–1000
Founded
2021
Business Model
B2C

About

Raise Financial Services is a technology-led financial services company founded on January 1, 2021 by Pravin Jadhav, Alok Pandey, and Jay Prakash Gupta. Headquartered in Thane (Mumbai Metropolitan Region), Maharashtra, India, Raise operates across multiple verticals including investing and trading, insurance distribution, learning and media, wealth management, financing, asset management, and payments. Its flagship brand Dhan serves retail investors and traders with access to capital markets. The company has grown from a founding team to more than 650 employees across diverse product and platform teams. In October 2025, Raise Financial Services raised $120 million in a Series B round from MUFG, achieving unicorn status with a valuation of $1.2 billion, bringing total funding raised to approximately $240 million. The company's mission is to build new-age financial services anchored around capital markets, matching the ambition and sophistication of modern India with best-in-class customer experience delivered through technology and AI.

Summary

Raise Financial Services is a Fintech company based in Thane, India, founded in 2021.

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