Dhan turns unicorn after $120M funding

Online investment platform Dhan achieved unicorn status following a $120 million funding round led by Hornbill Capital. The raise will enhance product innovation, trading platforms, and retail investor penetration. The milestone reflects India’s growing fintech ecosystem and the democratization of investment opportunities. The unicorn valuation also highlights how fintechs are reshaping wealth management by leveraging technology. Dhan’s rise showcases investor confidence in platforms that simplify stock trading, derivatives, and personal finance.