New Delhi, Oct. 13 -- Wealth management platform Dezerv has raised Rs.350 crore (about $40 million) in a new funding round from its existing investors, the company's top executive told Mint.
The fully primary round is co-led by Premji Invest and Accel's Global Growth Fund, with participation from Elevation Capital and Z47 (formerly Matrix Partners India). There were no secondary exits in this round.
The funding comes amid heightened venture capital interest in wealth-tech start-ups, as platforms across asset classes gain traction among India's growing base of affluent investors. Companies including Stable Money, Neo Wealth Management, and Centricity, among others, have raised considerable amount of VC money over the past year.
Dezerv c...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.