Wealth-tech platform Wealthy has raised ₹130 crore in its latest Series B funding round, led by Bertelsmann India Investments alongside participation from Alphawave Global, Shepherd’s Hill and well-known technology founders. This fresh fundraise strengthens the company’s mission to transform how financial advice and wealth services reach consumers across the country, especially in underserved regions. The major focus going ahead will be on enabling distributors with advanced AI-driven tools to deliver more personalized and scalable investment guidance.
Co-founder Aditya Agarwal underlined the core problem the company aims to solve. India, he noted, has high insurance penetration through large legacy institutions but significantly lags in investment participation. “India has a fundamental advice gap that technology alone cannot solve. LIC has over 40 crore customers while mutual funds have only five crore investors,” he said, highlighting the need for a stronger advisory ecosystem. Wealthy believes the most effective way to unlock wider retail investing is by empowering thousands of local mutual fund distributors with modern digital infrastructure.
Today, the company is already operating at considerable scale — handling ₹300 crore worth of monthly transactions and ₹5,000 crore in assets under management. Its network has grown to over 6,000 mutual fund distributors spread across 1,000 towns in India. Wealthy’s platform provides a comprehensive suite of products that includes mutual funds, equity trading, portfolio management services (PMS), fixed deposits, fixed-income instruments and protection products — all accessible through seamlessly integrated apps connected to 200+ financial institutions.
Investor confidence in Wealthy’s model is reinforced by the economic trends shaping India’s future. Rohit Sood of Bertelsmann India Investments highlighted the massive market headroom ahead. “Less than 15 percent of Indian households have any exposure to equities today,” he said, expressing conviction that the number will steadily rise toward 60 percent as financial literacy and income levels expand. Wealthy aims to be a catalyst in this shift by powering distributors with real-time workflows, strong analytics capabilities and enterprise-grade advisory tech.
With this funding, Wealthy is poised to deepen its presence across the country and continue accelerating the democratization of wealth creation — guided by a hybrid model where technology amplifies, rather than replaces, human financial advisors.
