Former Swiggy and Kotak Securities Executive Joins Sahi Trading Platform
What happened
Manish Jain, who previously served as CTO at Swiggy and SVP at Kotak Securities, is linked to Sahi. Sahi was founded in 2023 by Dale Vaz and Manish Jain and has rapidly grown into one of India's fastest-growing brokers by active clients. The platform expanded into commodities on August 24, 2026, aiming to be a comprehensive trading app across multiple markets.
From siliconindia.com
Why it matters
Sahi competes in the Indian market by prioritizing trading experience over low brokerage fees. The platform's rapid growth and expansion into new asset classes increases competitive pressure on established brokers. The move also represents a shift in talent from major tech firms to specialized financial technology ventures.
From siliconindia.com
Who's involved
- Manish JainFounder of Sahi, formerly CTO at Swiggy and SVP at Kotak Securities
- SwiggyFormer employer of Manish Jain, a major food delivery app
- Kotak SecuritiesFormer employer of Manish Jain, a growing Indian broker
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Kotak SecuritiesSpeculative
Kotak Securities might face increased competitive pressure for market share due to Sahi's rapid growth and expansion into commodities.
Keep exploring
The entities involved
-
Manish Jain
Indian businessperson (born 1967, child of Narendra Kumar Jain)
Nothing else this week.
-
Swiggy
Indian food delivery app
-
Kotak Securities
subsidiary of Kotak Mahindra Bank