India, Dec. 18 -- Bengaluru-based trading platform Sahi is in talks to raise $30 Mn to $35 Mn in its Series B funding round at a valuation of over $200 Mn, sources told Inc42.

The startup's existing investors Accel and Elevation Capital will double down on their investment, while the round will be led by a US-based VC firm, the sources added.

Sahi plans to use the capital to improve its technology stack, expand the platform's reach and increase employee count.

The startup declined to comment on Inc42's queries on the funding round.

This comes six months after Sahi raised $10.5 Mn in its Series A funding round from Accel and Elevation Capital. Prior to that, it raised seed funding from the same investors in late-2023.

Founded by forme...