Dhan

Dhan Targets Insurance and New Financial Streams After $120 Million Funding Boost, Eyes Diversification Beyond Broking

Mumbai-based fintech platform Dhan is gearing up for a strategic pivot beyond stock broking, following its $120 million Series B funding round led by Hornbill Capital, MUFG, and BEENEXT. The newly minted unicorn, valued at $1.2 billion, now plans to enter the insurance distribution space and expand into other financial services to reduce its dependence…

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Dhan becomes India’s newest fintech unicorn with $120 million funding led by Hornbill Capital, eyes aggressive product expansion

Dhan, the Mumbai-based investment and trading platform, has officially entered the unicorn club after closing a $120 million Series C funding round led by Hornbill Capital. The round also saw participation from existing backers such as BEENEXT, Blume Ventures, and new institutional investors including RTP Global and Peak XV Partners. The fundraise values Dhan at…

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