Bengaluru wealth-tech startup Wealthy secures ₹130 crore Series B round

Wealthy raises ₹130 crore to scale its wealth-tech platform and expand advisor outreach in India.

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Bengaluru wealth-tech startup Wealthy secures ₹130 crore Series B round

Bengaluru wealth-tech startup Wealthy secures ₹130 crore Series B round
Bengaluru-based wealth-tech startup Wealthy has raised ₹130 crore (US $14.5 million) in a Series B financing led by Bertelsmann India Investments, with participation from Alphawave Global and Shepherd’s Hill. Founded in 2015, the company plans to use the funds to accelerate technology development and expand its advisor network as it targets growth across India’s retail wealth-management market. This funding signals increased investor interest in India’s wealth-tech sector. 
Companies:
  • Wealthy
  • Bertelsmann India Investments
  • Alphawave Global
Tags:
  • startups
  • India