Dhan seeks $100 million funding at $1.5 billion valuation

Raise Financial Services is reportedly in talks to secure $100 million in a new funding round for trading app Dhan, potentially raising its valuation to between $1.2 billion and $1.5 billion. This is Dhan's largest fundraising effort since inception, and its valuation is expected to surge from $150 million to $1.2-1.5 billion.