ALGO Drops 5.1% as Dhan Parent Raise Financial Acquires Algo Trading Platform Stratzy

On NOV 19, 2025, ALGO fell by 5.1% within 24 hours to reach $0.1488. The token has declined by 7.58% in the past week, 16.12% in the past month, and 55.52% in the past year.

Raise Financial Acquires Stratzy to Bolster Automated Trading Offerings

Raise Financial, the parent company of online trading platform Dhan, has acquired Stratzy, an algorithmic trading and investment platform, in a cash-and-stock deal valued at approximately $4–4.5 million. The acquisition marks a strategic move to expand its automated and systematic investment offerings for retail traders.

Founded in May 2021 by Gaurav Sangle and Mohit Bhandari, Stratzy provides data-driven investment products built on automated trading logic and algorithmic decision-making. The startup, which had a 20-member team across engineering, product, and analytics, will continue to operate as an independent business unit under Raise Financial.

Post-acquisition, Stratzy will continue delivering its trading tools and investment algorithms to multiple brokerages and platforms, according to sources familiar with the matter. The integration is expected to enhance Dhan’s technological capabilities and position it better in the growing quant-driven trading market.

Acquisition Aligns with Broader Industry Trends

The deal is the latest in a series of strategic moves by Dhan, which had raised $120 million in funding earlier this year. The investment was led by Hornbill Capital, with participation from institutional investors such as MUFG, Beenext, and Ramesh Damani. The company has demonstrated strong growth, with estimated revenue for FY25 expected to reach around Rs 900 crore—up from Rs 380 crore in FY24.

The acquisition also aligns with regulatory developments in India, where the Securities and Exchange Board of India (Sebi) has been pushing for broader access to algorithmic trading tools for retail investors. A recent Sebi study revealed that algorithmic trading accounted for 97% of foreign investor profits and 96% of proprietary trader profits in futures and options during FY24.

Strategic Implications for the Algo Trading Ecosystem

By acquiring Stratzy, Raise Financial is positioning itself to capitalize on rising interest in algorithmic and automated investment strategies among retail investors. The startup’s expertise in algorithm development and data modeling will complement Dhan’s existing infrastructure and customer base.

Stratzy’s team of 20 is expected to transition fully into Raise Financial, bringing with them specialized knowledge in AI-driven trading logic, system design, and financial analytics. The platform will continue to serve third-party clients, maintaining its role as a key player in the algo trading ecosystem.

The deal is also a signal of growing consolidation in the algorithmic trading space, as firms seek to consolidate technology and talent to meet the increasing demands of a shifting retail investor base. As algorithmic trading becomes more accessible and sophisticated, platforms that integrate advanced data models and automation stand to benefit most.