Wealthy raises Rs 130 Cr led by Bertelsmann India Investments

Wealth-management platform Wealthy has raised Rs 130 crore ($14.5 million) in its Series B round led by Bertelsmann India Investments. Its existing investors Shepherd’s Hill Group and Alpha Wave Global also participated.

Wealthy has raised a total of around $30 million including Rs 45 crore ($5.4 million) in Series B round led by Falcon Edge’s Alpha Wave Incubation Fund.

The proceeds will be used to expand Wealthy’s advisor network, improve its product stack, and increase penetration in new markets. It is also expected to strengthen its technology infrastructure and compliance systems as product categories scale.

Founded in 2015, Wealthy operates a digital marketplace for financial products and a distribution platform for advisors. The company enables independent financial advisors to sell mutual funds, insurance, fixed deposits, bonds, and other wealth products through its technology stack.

According to the company, its AUM has increased from Rs 200 crore to Rs 5,000 crore over the past three years, reflecting strong business expansion. Wealthy now operates 20 offices across India, with a significant presence in major cities such as Bengaluru, Mumbai, Hyderabad, Ahmedabad, Surat, Jaipur, Gurugram, Delhi, Faridabad, Ghaziabad, Lucknow, Kanpur, and Kolkata.

The platform claims to process over Rs 300 crore in monthly transactions and works with more than 6,000 mutual fund distributors serving over 100,000 clients.

As per TheKredible, Wealthy’s revenue from operations grew to Rs 25 crore in FY25 from Rs 14.5 crore in FY24. The AWI-backed company recorded a net loss of Rs 35 crore in the last fiscal year, compared to Rs 24 crore in FY24.

The wealth management space has seen steady funding activity in 2025. Dezerv recently raised $40 million in an all-primary round co-led by Premji Invest and Accel’s Global Growth Fund. In June, Bengaluru-based Stable Money secured $20 million led by Fundamentum Partnership. Syfe, a digital wealth management platform operating across Asia-Pacific, closed its Series C round at $80 million. Neo is in the final stages of raising $19 million through equity shares. Entrackr exclusively reported the development in August.