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Wealthy.in raises Rs 56 crore in Series A Funding Round

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Wealthy.in raises Rs 56 crore in Series A Funding Round
09 Feb 2022
4 min read

News Synopsis

Wealthy.in, Bengaluru-based wealth management platform, has raised Rs 56 crore in a Series A funding round led by Alpha Wave Incubation along with the participation of new investor Savrola Group and existing investors Venture Highway, Good Capital & Emphasis Ventures. 

Founded by Aditya Agarwal and Prashant Gupta, Wealthy.in claims to manage $450 million worth of client assets. 

The company has released a statement saying that with this funding round, the company plans to penetrate deeper into the Indian market as well as expand in international markets like the Middle East.

He further said that through its tech-enabled platform and holistic offering, Wealthy.in is we-positioned to lead the market shift. The managing director of the Good Capital, Rohan Malhotra has said that the company has grown 15 times since its last fundraise.