Wealth-management firm Wealthy raises Rs 130 Cr ($14.5 million) in Series B financing, headed by Bertelsmann India Investments. Shepherd’s Hill Group and Alpha Wave Global, who are already investors in the company, also joined this round, which once again boosted investor confidence towards the growth path of the company.
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This was the most recent funding to Wealthy, who has raised approximately 30 million in the past including a prior Series B round of Rs 45 crore 5.4 million) by the Alpha Wave Incubation Fund operated by Falcon Edge. The current round proceeds will be used to increase advisor network, improve product stack and expand into new markets of Wealthy. The funds will also enable the company to enhance its technology platform and compliance systems as its platform extends its product offerings.
About Wealthy and Its Growth
Wealthy was established in 2015 and is an online financial product marketplace and independent financial advisors distribution platform. Through the platform, advisors can sell a broad portfolio of wealth products, such as mutual funds, insurance, fixed deposits, bonds, and others, with the help of its powerful technology stack.
Wealthy has experienced a high growth in Assets Under Management (AUM) whereby over the last three years, the Assets Under Management (AUM) have increased three times to reach the current level of Rs 5,000 crore, which tells of a booming business. It has 20 offices in India currently, and dominates in major cities in India, including Bengaluru, Mumbai, Hyderabad, Ahmedabad, Surat, Jaipur, Gurugram, Delhi, Faridabad, Ghaziabad, Lucknow, Kanpur and Kolkata. The platform makes transactions of above Rs 300 crore monthly and collaborates with over 6000 mutual fund distributors to serve over 100,000 clients.
TheKredible, Wealthy raises Rs 130 Cr at a time when the company has increased its revenue, moving up to Rs 14.5 crore in FY24 to Rs 25 crore in FY25. Nonetheless, the company posted a net loss of Rs 35 crore last fiscal year, which is lower than the previous year, i.e., FY24 of 24 crore, indicating the current investment in scaling operations and broadening the reach.
Funding Trends in Wealth Management
India has recorded stable funding in the wealth management sector in 2025. Notable examples include:
- Dezerv Raise $40M in a primary round co-leaded by Premji Invest and Accel Global Growth Fund.
- Stable Money, a Bengaluru-based firm raised 20 million dollars under the leadership of Fundamentum Partnership.
- Syfe raised a $80 million Series C round.
- Neo in its last stages of equity share raising of $19m.
With this Series B round, Wealthy strengthens its market leadership, expands its advisor base, and advances its digital platform. The financing is a sign of investor confidence in the use of technology in managing wealth and rising demand of available financial products in India.
Finally, the news that Wealthy raises Rs 130 Cr reiterates that the firm is still on the ascent in the wealth-tech segment. With its ability to scale operations, enhance technology infrastructure and gain access to more cities in India, Wealthy is defining the future of digital wealth management, and financial planning and investment advice are now more accessible than ever.
