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Dezerv, a Mumbai-based digital wealth management platform, has raised ₹350 crore ($40mm) in a Series C funding round co-led by Premji Invest and Accel’s Global Growth Fund, with continued participation from Elevation Capital and Z47. The capital will be used to expand Dezerv’s investment offerings, deepen its technology platform, and onboard more relationship managers. Founded in 2021 by Sahil Contractor, Sandeep Jethwani, and Vaibhav Porwal, Dezerv provides curated investmen

Groww, a Bengaluru-based personal trading and investment platform (similar to Robinhood), has announced that it is moving forward with its IPO at the top end of its range of $700 million to $1 billion, targeting a valuation of up to $8 billion. The offering, field in May, is scheduled for next month. Regulatory approval from SEBI is pending. Founded in 2016 by former Flipkart employees Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, Groww provides retail investors i

Earlier this week, New York-based fintech Increase Alpha announced it has raised USD 3.5 million in seed financing to support the launch...

Focal, an AI platform for financial advisors, raised $5 million in seed funding led by Distributed Ventures and Wischoff Ventures. The...

SEI Investments (Europe) Limited (SIEL) has entered a strategic partnership with Graphene, a U.K. Infrastructure‑as‑a‑Service provider, and SEI’s venture capital arm has made a concurrent investment in Graphene. Under the alliance, Graphene will adopt the SEI Wealth Platform to power its wealth management infrastructure for clients including independent financial advisers, wealth managers, and family offices. Graphene’s business model enables firms to own and manage their pla

First Rate Ventures, the corporate venture arm of First Rate, Inc., has announced an investment and strategic partnership with...

Raise Financial, the parent company behind Indian trading app Dhan, has secured $120 million in a funding round led by Hornbill Capital,...

Carta has acquired Accelex, an AI-enabled data automation platform for institutional limited partners, in a move to bolster its...

Wealthfront, a Palo Alto–based fintech, has filed with the Securities and Exchange Commission to go public. The 17-year-old firm manages...

Broadridge Financial Solutions has struck a strategic partnership and made a minority investment in WealthFeed, a cloud-based platform...