Wealthy Raises Rs 130 Crore in Series B Funding Round

Wealth management platform Wealthy has successfully secured Rs 130 crore (approximately $14.5 million) in its Series B funding round, which was primarily led by Bertelsmann India Investments. The funding saw participation from existing investors, Shepherd’s Hill Group and Alpha Wave Global. To date, Wealthy has raised around $30 million, including Rs 45 crore ($5.4 million) in its Series B round spearheaded by Falcon Edge’s Alpha Wave Incubation Fund.

Utilisation of Funds

The capital obtained will be directed towards expanding Wealthy’s advisor network, enhancing its product offerings, and increasing its footprint in new markets. Furthermore, it aims to bolster its technology infrastructure and compliance systems as its product categories grow.

About Wealthy

Founded in 2015, Wealthy operates a digital marketplace for financial products along with a distribution platform tailored for advisors. The company empowers independent financial advisors to market a range of wealth products including mutual funds, insurance, fixed deposits, bonds, and more, all made accessible through its technological framework.

Wealthy has reported a significant rise in its Assets Under Management (AUM), jumping from Rs 200 crore to Rs 5,000 crore within three years, indicating robust business growth. Currently, Wealthy operates 20 offices across India, holding a substantial presence in key cities such as Bengaluru, Mumbai, Hyderabad, Ahmedabad, Surat, Jaipur, Gurugram, Delhi, Faridabad, Ghaziabad, Lucknow, Kanpur, and Kolkata.

Operational Performance

The platform is said to facilitate over Rs 300 crore in transactions each month and collaborates with more than 6,000 mutual fund distributors, serving upwards of 100,000 clients.

According to available reports, Wealthy’s operational revenue surged to Rs 25 crore in FY25, up from Rs 14.5 crore in FY24. However, the AWI-backed firm recorded a net loss of Rs 35 crore in the recent fiscal year, compared to a loss of Rs 24 crore the previous year.

Market Trends in Wealth Management

The wealth management sector has witnessed a consistent flow of investments in 2025. For instance, Dezerv recently raised $40 million in a fully primary round co-led by Premji Invest and Accel’s Global Growth Fund. In June, Stable Money, based in Bengaluru, secured $20 million led by Fundamentum Partnership. Additionally, Syfe, a digital wealth management platform operating throughout the Asia-Pacific region, completed its Series C funding round at $80 million, while Neo is nearing the completion of a $19 million equity share raise. Startup Superb exclusively covered this development in August.