Dezerv raises ₹350cr to expand wealth platform

October 14, 2025

Dezerv, a technology-driven wealth management platform founded in 2021, has raised ₹350 crore ($39m) in a Series C funding round, bringing its total capital raised to over ₹850 crore ($95m).

The all-primary round was co-led by existing investors Premji Invest and Accel’s Global Growth Fund, with continued participation from Elevation Capital and Z47. Their ongoing support highlights sustained confidence in Dezerv’s long-term strategy and vision.

Dezerv provides wealth management services tailored for India’s wealth creators, combining technology and financial expertise to deliver investment solutions across asset classes. The company currently manages more than ₹14,000 crore across portfolio management services (PMS), alternative investment funds (AIF), and distribution assets. It serves clients in over 200 cities and operates offices in Mumbai, Delhi, Bengaluru, Hyderabad and Pune.

The new capital will be used to strengthen the company’s technology infrastructure, expand its investment solutions, and enhance its client experience.

Dezerv also plans to hire and train relationship managers to accelerate its transition into a full-stack wealth management institution capable of serving entire families’ financial needs.

Since its launch, the firm has achieved rapid growth, helping more than 5 lakh (500,000) investors track and analyse ₹2 lakh crore in assets through the Dezerv app.

The platform currently allows users to monitor mutual funds, stocks, bank accounts, NPS and fixed deposits, with plans to add bonds, ReITs, InvITs, loans and credit cards by the end of the year.

Dezerv co-founder Sandeep Jethwani said, “India’s wealth creators have built their wealth through hard work, grit and sacrifice, and it deserves to be managed with the same determination and care with which it was created. That means unfaltering processes, state of the art technology, investment solutions focused on sustainable compounding, and competent and principled relationship managers.

“This fresh capital will help us deepen these capabilities and strengthen our foundation to build a pioneering financial institution. We are grateful to our investors for their continued backing and long term alignment as we pursue our vision of serving India’s wealth creators for decades to come.”

Premji Invest partner Saravanan Nattanmai added, “Since our initial investment last year, Dezerv’s AUM is on track to quadruple by the end of this year, driven by resilient client flows and a combination of organic and inorganic capital allocation from its customers.

“Dezerv’s commitment to enhancing customer experience is evident in its AI-enabled, technology-first approach to prospecting and onboarding, tailored product offerings, and proactive engagement — all fuelling industry-leading growth and robust unit economics. With a full-stack platform for wealth solutions across equity and credit, and a uniquely trained relationship management team, Dezerv is well positioned to set new industry standards for risk-adjusted returns and superior client outcomes in wealth management for India’s emerging wealth creators.”