Dezerv Raises ₹350 Crore to Boost Wealth-Tech Expansion

In a significant boost to India’s rapidly growing fintech sector, wealth management platform Dezerv has successfully raised ₹350 crore in its latest funding round. The capital infusion marks a major milestone for the Mumbai-based startup.

The fresh funds will enable Dezerv to enhance its technology platform, expand its product portfolio, and broaden its reach across India’s affluent and emerging investor base. With this funding, the company aims to accelerate innovation in personalized investment management.

Making high-quality financial advisory accessible to a much wider audience. This development comes at a time when India’s fintech ecosystem is thriving. Digital wealth management platforms have witnessed exponential growth as more investors seek professional-grade investment solutions.

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The Funding Round: A Closer Look

The ₹350 crore fundraise was led by new and existing investors, including global venture capital firms and institutional backers who recognize Dezerv’s strong potential in the wealth-tech space.

According to sources familiar with the deal, the funding round saw participation from Accel, Elevation Capital, Matrix Partners India, and several high-net-worth individuals who have previously backed India’s leading fintech startups.

This investment follows Dezerv’s previous successful funding rounds, bringing its total capital raised to over ₹700 crore since its inception. The latest financing not only validates the company’s robust growth trajectory.

But also signals the growing investor confidence in India’s digital wealth management ecosystem. In a statement, Sandeep Jethwani, co-founder of Dezerv, expressed gratitude toward the investors, stating,

“This new funding will help us strengthen our technology infrastructure, enhance customer experience, and expand our suite of investment products. Our mission is to help professionals and entrepreneurs grow their wealth efficiently through expert-led, evidence-based investing.”

About Dezerv: Revolutionizing Wealth Management in India

Founded in 2021 by a group of seasoned financial professionals, Dezerv was built with a clear mission — to make sophisticated investment strategies accessible to Indian investors who often struggle with fragmented, commission-driven advice from traditional institutions.

Dezerv’s platform combines human expertise with cutting-edge analytics, offering users a seamless experience for managing investments, mutual funds, fixed income products, and alternative assets.

The platform’s hallmark is its “Expert-led Portfolio Management” (EPM) model, which leverages a team of experienced fund managers who design diversified, data-backed portfolios tailored to each client’s goals and risk profile.

Unlike many investment apps that rely on algorithms alone, Dezerv emphasizes human oversight, ensuring that users’ portfolios are actively monitored and adjusted according to market conditions.

Over the past few years, the company has built a reputation for trust, transparency, and consistent performance, attracting thousands of clients across India’s metro cities, including Mumbai, Bengaluru, Delhi, and Hyderabad.

The Vision: Democratizing Access to Professional Wealth Management

Dezerv’s founders recognized a critical gap in India’s financial landscape — while millions of Indians have access to basic investment tools, few have access to institutional-grade portfolio management.

Traditional wealth management in India has largely been limited to ultra-high-net-worth individuals (UHNIs), leaving the country’s vast middle and upper-middle-class investors underserved.

Dezerv’s vision is to bridge this gap by bringing the same level of financial expertise that institutional investors enjoy to professionals and entrepreneurs with more modest investable assets.

To achieve this, Dezerv employs a “no-commission” model, aligning its interests directly with clients’ returns. Its revenue model is based on transparent fees rather than hidden commissions, making it one of the few platforms in India built entirely around investor-first principles.

This approach has resonated deeply with India’s digitally savvy professionals, many of whom prefer transparent, tech-enabled financial platforms over traditional brokers.

How the ₹350 Crore Funding Will Be Used

With this fresh infusion of ₹350 crore, Dezerv has outlined an ambitious roadmap for the next phase of its growth.

Here’s how the company plans to utilize the funds:

Technology Enhancement:

Dezerv plans to invest heavily in AI and data analytics to refine its investment algorithms, improve predictive modeling, and enhance risk management capabilities.

Product Expansion:

The company aims to diversify its offerings by adding new asset classes, including global equities, real estate-linked funds, and digital investment instruments.

User Experience (UX) Improvement:

A portion of the funds will go toward upgrading its mobile and web platforms to make the investment experience more intuitive and user-friendly.

Talent Acquisition:

Dezerv is set to expand its core team by hiring portfolio strategists, product designers, and data scientists to strengthen its operational backbone.

Geographical Expansion:

The company plans to reach investors in Tier-2 and Tier-3 cities, tapping into India’s growing class of financially aware professionals outside the metros.

Educational Initiatives:

Dezerv will also invest in financial literacy campaigns, helping first-time investors understand risk diversification, long-term investing, and portfolio management.

The Wealth-Tech Revolution: A Growing Trend

Dezerv’s rise is part of a broader shift in how Indians manage money. Over the past five years, India has witnessed a massive democratization of financial services, driven by technology and digital adoption.

According to reports from Boston Consulting Group (BCG) and NASSCOM, India’s wealth-tech market is projected to reach $150 billion by 2030, with platforms like Dezerv leading the charge.

Several factors are fueling this growth:

• Rising Financial Awareness: More Indians are seeking structured, long-term investment solutions.
• Digital Penetration: The spread of smartphones and digital payments has paved the way for financial inclusion.
• Shift to Direct Investing: Investors are moving away from traditional brokers to self-directed digital platforms.
• AI and Automation: Machine learning tools are enabling better portfolio management and risk optimization.

In this context, Dezerv’s human-plus-technology model provides a unique edge — combining expert guidance with digital convenience.

Investor Sentiment and Market Reaction

The funding announcement has drawn positive attention from industry analysts and investors alike. Many see Dezerv’s approach as a game-changer in the wealth-tech landscape.

According to analysts, the combination of expert management, data-driven insights, and customer-first transparency sets Dezerv apart from traditional wealth managers and new-age robo-advisors.

Investors backing Dezerv believe the platform has the potential to become India’s leading integrated investment ecosystem — one that could rival established players in the next few years.

Furthermore, the latest funding comes amid growing investor appetite for profitable, sustainable fintech models, especially in the wealth management segment, which has shown resilience compared to lending-focused fintechs.

Impact on India’s Investment Ecosystem

Dezerv’s continued expansion is likely to have a catalytic impact on India’s investment ecosystem. By promoting transparency and evidence-based investing, the company could encourage more Indians to shift from speculative trading to disciplined wealth creation.

The company’s commitment to investor education also stands out. Through webinars, newsletters, and digital learning modules, Dezerv aims to empower individuals with the financial knowledge necessary to make informed decisions.

This aligns closely with India’s broader economic goals — encouraging savings and channeling household wealth into productive investments that can fuel long-term growth.

Challenges Ahead

While the funding brings optimism, Dezerv will also face challenges as it scales.

• Regulatory Compliance: With the Securities and Exchange Board of India (SEBI) tightening norms for digital investment advisors, compliance will remain a top priority.
• Competition: The wealth-tech space is heating up, with players like Groww, Upstox, Kuvera, and Scripbox expanding their offerings.
• User Retention: As the market matures, ensuring customer loyalty and maintaining superior performance will be crucial.
• Market Volatility: Managing client expectations during volatile market conditions requires robust risk management frameworks.

However, Dezerv’s management remains confident that its long-term, research-driven strategy will allow it to navigate these challenges effectively.

Looking Ahead: The Road to the Future

Dezerv’s next few years will be pivotal. With this funding, the company is set to transition from a fast-growing startup into a category-defining leader in digital wealth management.

Its focus on building a comprehensive investment ecosystem, rather than just a transactional platform, sets it apart in a crowded fintech market.

In the long run, Dezerv’s growth will not only benefit its users but could also redefine India’s financial culture — moving the conversation from quick gains to sustainable, long-term wealth creation.

As more Indians embrace technology for managing their finances, Dezerv’s model of “expert-led, evidence-backed investing” could become the gold standard in wealth-tech innovation.

Frequently Asked Question

 What is Dezerv?

Dezerv is a Mumbai-based fintech startup specializing in digital wealth management. It offers professionally managed investment portfolios designed by financial experts, combining technology with human insight.

How much funding did Dezerv recently raise?

Dezerv raised ₹350 crore in its latest funding round, with participation from leading venture capital firms and existing investors. This brings its total funding to over ₹700 crore.

How will Dezerv use the ₹350 crore funding?

The funds will be used to enhance Dezerv’s technology infrastructure, expand product offerings, hire talent, and improve customer experience. The company also plans to expand into new markets across India.

 What makes Dezerv different from other investment apps?

Unlike robo-advisors that rely solely on algorithms, Dezerv offers expert-led portfolio management, ensuring that human financial expertise guides every investment decision. Its no-commission model ensures complete transparency.

Who founded Dezerv?

Dezerv was founded in 2021 by financial veterans Sandeep Jethwani, Sahil Contractor, and Vaibhav Porwal, who collectively bring decades of experience in portfolio management and financial advisory.

Is Dezerv suitable for first-time investors?

Yes. Dezerv caters to both seasoned investors and newcomers. It offers educational resources and tailored portfolios, making it easy for first-time investors to begin their wealth creation journey.

What’s next for Dezerv after this funding round?

Dezerv plans to roll out new investment products, expand geographically, and enhance its AI-driven analytics platform. The goal is to become India’s most trusted digital wealth management brand.

Conclusion

Dezerv’s ₹350 crore funding marks more than just a business milestone — it represents a turning point in India’s investment landscape. As the company continues to innovate and expand, it is bringing professional-grade wealth management to the fingertips of Indian investors who previously lacked access to such expertise.

By merging technology, transparency, and trust, Dezerv isn’t just building a platform; it’s shaping the future of financial empowerment for millions. As India moves toward becoming a global fintech powerhouse, Dezerv’s journey serves as a powerful reminder that smart.