Centricity Seeks $30M in Funding
- May 11
- 1 min read
Upadhyay, H. (2026, May 11). Exclusive: Centricity in talks to raise $30 Mn round led by MUFG and SIG. Entrackr.
Wealthtech startup Centricity is currently in negotiations to secure approximately $30 million in a new funding round led by MUFG and SIG.
This potential investment is expected to value the Gurugram-based company at $250 million, effectively doubling its valuation from September 2024.
The company previously raised $20 million in a seed round led by Lightspeed, which included participation from high-profile angel investors and family offices.
Founded in 2022, Centricity provides digital infrastructure and portfolio management tools for financial advisors and private wealth management.
The new capital injection will be directed toward advancing technology, expanding private banking services, and scaling the advisory ecosystem.
Financial records show the firm tripled its operating revenue to Rs 61.26 crore in FY25, though annual losses simultaneously increased to Rs 31.72 crore.
This funding activity reflects a broader trend in the Indian wealthtech sector, which has seen over $634 million raised across 51 deals since 2024.