Quick Summary
Stratzy Fintech Private Limited holds SEBI Research Analyst registration INH000009180, held by Mohit Bhandari, active since March 2022. The platform itself sells algo-trading strategies, not research subscriptions with clearly stated fees. There’s also a real question worth asking right now. Recent reporting describes Stratzy’s team transitioning to Raise Financial, the group behind the broker Dhan, following what’s described as an acquisition. Complaint volume has grown too, from 17 in FY2024-25 down to 6, with 4 more already this year and 2 still unresolved as of the most recent disclosure.
Stratzy is a SEBI Research Analyst business, registration INH000009180, held by Mohit Bhandari, active since 9 March 2022.
The registration itself is real. What’s worth understanding is what you’d actually be paying for, since the platform is built entirely around algo-trading strategies, not the kind of research subscription this registration is meant to cover.
This page walks through the registration, that scope question, a recent ownership change worth knowing about, and the marketing claims on the site.
The complaint record and every named user review sit on our separate Stratzy Reviews page.
Stratzy Fintech Private Limited
Stratzy runs an algorithmic trading platform, offering 150+ exchange-approved strategies across credit spreads, options buying, straddles, strangles, and longer-term approaches.
The founders, Mohit Bhandari and Gaurav Sangle, both graduates of BITS Pilani, previously worked in quantitative research roles at firms including WorldQuant and Trexquant before starting Stratzy in 2021.
Strategies are deployed directly through a user’s own broker account, without transferring funds to Stratzy itself, and come with backtested history, live returns, and drawdown figures attached.
The site claims 5 lakh+ retail traders, ₹100 crore+ in assets under management, and a 4.3/5 rating from 50,000+ active traders.
None of this establishes wrongdoing on its own.
Where something genuinely needs reporting, the complaint history and independent reviews sit on our separate Stratzy Reviews page.
Is Stratzy SEBI Registered?
Yes, Stratzy Fintech Private Limited is registered with SEBI under registration number INH000009180.
You can confirm this yourself directly on SEBI’s own published Research Analyst list.
| Detail | Information |
| Name | Stratzy Fintech Private Limited |
| SEBI Registration Number | INH000009180 |
| Validity | 9 March 2022, Perpetual |
| Address | Flat No-1501, Center Point, Mulund East, Mumbai, Maharashtra 400081 |
| Contact Person | Mohit Bhandari |
| mohit@stratzy |
An INH number means Research Analyst. It permits publishing research and recommendations to a general subscriber base.
It doesn’t permit portfolio management, trade execution on someone’s behalf, or an algo-trading service sold as its own distinct product line without the research pricing this registration is actually meant to cover.
Where Is Stratzy’s Research Pricing Actually Shown?
This is the sharpest gap on this page, and it’s worth checking yourself before taking our word for it.
A SEBI Research Analyst is expected to clearly disclose its research services and the fee attached to each one.
Stratzy’s website is built almost entirely around its algo-trading strategies, backtested returns, drawdown numbers, and automated execution.
No clearly identified research service, with its own separate pricing, appears anywhere in what’s publicly shown.
SEBI’s current framework does allow a Research Analyst to charge for research, within the fee ceiling and subject to proper disclosure.
That framework only works if a prospective client can actually see what the research costs.
A registration built around research isn’t automatically wrong just because the business has grown into algo-trading.
What matters is whether the research component itself is still priced and disclosed the way SEBI actually requires.
If you’re subscribing to anything here, ask Stratzy directly which part of what you’re paying for is the research service specifically, and get the fee for that service, on its own, confirmed in writing.
Also Read: Trade Nexus Research pricing shows the opposite problem, with multiple research plans publicly listed but some billing cycles exceeding the ₹1,51,000 annual fee ceiling.
Has Stratzy Been Acquired by Raise Financial?
This is worth knowing before you commit to anything, and it’s a genuinely recent development.
Independent reporting describes Stratzy’s roughly 25-person team transitioning to Raise Financial, the group that also operates the broker Dhan, alongside other platforms.
Mohit Bhandari is quoted directly in that same coverage, describing the move as a partnership that lets Stratzy contribute to algorithmic trading infrastructure being built at Raise Financial.
We’re reporting only what’s described in that coverage. We haven’t independently confirmed the current operating structure, or whether the SEBI registration itself has moved, changed hands, or stayed exactly as it was.
If a transition like this has happened, it’s worth asking directly whether INH000009180 is still the registration actually governing your subscription, or whether a different entity has taken over.
Get that answer in writing before renewing anything.
What Marketing Claims on the Stratzy Website Need a Closer Look?
A few claims here are worth checking rather than taking at face value.
The site states “5 L+ Retail Traders trust us” and “100 Cr+ Assets Under Management,” without explaining how either figure was calculated.
It separately claims to be “Rated 4.3/5 by 50,000+ active traders.”
Checked independently on the actual app stores, the rating comes to roughly 4 stars on Google Play.
Additionally, 3.7 stars on the Apple App Store, both below the figure promoted on the homepage.
The site also promotes “150+ Ready Algos,” “Trade Smarter,” “Lightning Fast Setup,” and “Built for Real Traders,” alongside phrases like “performance that speaks” built directly around backtested history and live returns.
SEBI’s advertising rules for Research Analysts restrict referencing past performance this prominently, and prohibit anything that reads as a promise of assured or risk-free returns.
Language built heavily around backtested numbers and live return figures sits close to that line.
Also Read: Ujjawal Maheshwari uses phrases such as “Better Research, Greater Opportunities” and “actionable investment ideas” without supporting performance evidence shown on the page.
How to File a Complaint Against Stratzy?
If your own experience doesn’t match what the marketing promises, or you can’t get a straight answer on the research pricing, here’s a sensible way to work through it.
Write to Mohit Bhandari directly at the RA’s email ID, or the firm’s dedicated grievance address, laying out exactly what you were told, what you paid, and what you want resolved.
If that doesn’t resolve things, here’s where the matter goes next.
- File your complaint on the SEBI SCORES complaint portal.
- If SCORES alone doesn’t settle it, the SMART ODR registration platform brings in a neutral party next.
- Where that still doesn’t resolve things, Share Market Arbitration produces a binding decision.
For the full walkthrough of every stage, our guide to a complaint against SEBI registered research analyst covers the entire process in order.
Algo trading with real money and not sure who’s actually accountable anymore?
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Disclaimer
Everything above comes from Stratzy’s own published material and independently checked sources, cross-referenced against SEBI’s own public register. Nothing here accuses the firm of wrongdoing, and no SEBI order currently stands against it.
Confirm every detail yourself before acting on it. This page is meant to help you ask better questions, not to replace a lawyer or a financial adviser.
Conclusion
Stratzy Fintech Private Limited holds a genuine SEBI registration, INH000009180, held by Mohit Bhandari since March 2022.
What needs real attention is the gap between that registration and what the platform actually sells: algo-trading strategies with no separately disclosed research pricing anywhere visible.
Recent reporting also describes the team transitioning to Raise Financial, worth confirming directly before you renew anything.
Get the research-specific fee in writing, and confirm which entity is currently responsible for your subscription.
The full complaint history and every named user review sit on our separate Stratzy Reviews page.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
Yes, under INH000009180, held by Mohit Bhandari, active since March 2022. Confirm it directly on SEBI's own published Research Analyst list.
Nowhere clearly. The site is built around algo-trading strategy pricing, not a separately disclosed research service fee, despite the underlying registration being for research.
Recent independent reporting describes its team transitioning to Raise Financial, the group behind Dhan. This hasn't been independently confirmed as this page's current operating structure, so ask the firm directly.
Not quite. Checked directly on the app stores, Google Play shows roughly 4 stars and the Apple App Store shows 3.7, both a little below the homepage's claimed figure.
That's covered in full, along with every named user review, on our separate Stratzy Reviews page.
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