Wealthy, the Bengaluru-based WealthTech firm, has reportedly raised Rs 130 crore (14.5m) in a fresh funding round led by Bertelsmann India Investments, according to a report from YourStory.
Participation also came from existing backer Alphawave Global, new investor Shepherd’s Hill, and a group of technology entrepreneurs.
The company said the fresh capital was raised to strengthen its technology stack, expand into smaller Indian cities, onboard 50,000 distributors, and accelerate its push to manage Rs 1 lakh crore in assets.
Wealthy provides a mobile-first platform designed to support mutual fund distributors with compliance, onboarding, advisory, reporting and portfolio management.
The Wealthy app includes AI-powered KYC completion, tailored investment proposal generation, SIP features with step-up and multi-day options, fund analysis tools, and access to 10+ ready-made client reports. Distributors can also access more than 1,000 financial products across mutual funds, stocks, bonds, insurance, PMS and AIF, backed by a full ecosystem of research, marketing support and customer service.
Additional company information notes that Wealthy operates 20+ offices across India with a team of more than 300 members. Its mission is to empower wealth professionals with AI-based technology, investment products and dedicated human support, enabling them to run and grow their businesses more effectively.
Wealthy co-founder Aditya Agarwal said, “India has a fundamental advice gap that technology alone cannot solve.
“LIC serves over 40 crore customers, yet mutual funds have only 5 crore investors — this gap exists because we have too few advisors, and the ones we have lack the tools to scale.” He said the company has built a mobile-first platform designed for how Indian advisors work, adding that it “combines the irreplaceable value of human advice with AI-powered tools.”
Read the daily FinTech news
Copyright © 2025 FinTech Global
