Saturday, December 6, 2025 News Archive

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Wealthy India secures new funding to accelerate AI-led MF expansion

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Wealthy India secures new funding to accelerate AI-led MF expansion
Wealthy India’s ₹130 crore funding round aims to boost AI-led advisory expansion, strengthen distributor networks, and accelerate its path toward a ₹1 lakh crore mutual fund AUM target.
Wealthy India raised ₹130 crore in a Series B round led by Bertelsmann, strengthening its position in the digital mutual fund distribution space. The company has scaled AUM from ₹200 crore to ₹5,000 crore within three years and plans to onboard 50,000 distributors. Its long-term objective includes reaching ₹1 lakh crore in assets using AI-driven advisory tools and expanding access across underserved investor segments.
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Ethereum steady as network upgrades boost developer confidence

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Ethereum steady as network upgrades boost developer confidence
Ethereum remained stable as developer activity and upgrade optimism strengthened confidence, with calm whale flows reducing immediate volatility pressures.
Ethereum traded in a tight range despite broader market fluctuations, supported by optimism surrounding upcoming network-efficiency improvements. Developer activity increased across scaling solutions, with on-chain metrics showing higher smart-contract interactions in decentralized-finance segments.