India’s wealthtech sector has continued to attract investor interest in 2026, with startups in the segment raising around $317 million across 26 deals during the first eight months of the year. The funding activity highlights growing interest in digital wealth management, alternative investments, fixed-income products and technology-led advisory platforms.
According to data compiled by Entrackr, investment in India’s wealthtech ecosystem has increasingly moved beyond traditional broking and trading platforms. Investors are showing greater interest in businesses developing digital wealth management solutions and products aimed at a new generation of investors. However, the sector remains largely concentrated in Tier 1 cities, both in terms of wealthtech companies and their user base.
Funding activity during the first eight months of 2026 was largely driven by smaller rounds, with only four transactions crossing the $30 million mark. These included fundraises by Veriqus Group, Neo, Sahi and Centricity. None of the deals during the period exceeded $50 million. However, Sahi, led by Dale Vaz, is reportedly in discussions to raise a larger round of around $80 million.
Among the largest fundraisers during the period, Mumbai-based Veriqus Group raised around $40 million in a funding round led by Norwest Venture Partners. Wealth and asset management firm Neo Group secured $36.3 million from existing investor Peak XV Partners.
Stock broking platform Sahi raised $33 million in a Series B round led by Accel, with participation from Elevation Capital. Centricity secured around $30 million in its Series A round led by SMBC Asia Rising Fund. Bengaluru-based Stable Money also raised nearly $39.3 million across two funding rounds from Fundamentum, Peak XV Partners, RTP Global and Z47.
Together, Veriqus Group, Neo Group, Sahi, Centricity and Stable Money accounted for more than 56% of the total wealthtech funding raised in 2026. Other notable fundraisers during the year included Wint Wealth, which raised $28 million in a Series B round, along with Nexedge Capital, AssetPlus, Oolka and Bachatt.
The funding momentum in 2026 follows strong growth in the sector over the previous two years. In 2023, Indian wealthtech startups raised around $55 million across 12 deals, with Neo’s $35 million round accounting for a significant portion of the capital raised that year.
Funding increased sharply in 2024, when wealthtech startups raised $265 million across 26 deals, representing growth of more than 3.4 times from the previous year. The momentum continued in 2025, with funding rising around 40% year-on-year to $369.34 million across 25 deals.
Alongside funding activity, the wealthtech sector has also seen consolidation in 2026. So far, four mergers and acquisitions have taken place, with three completed by Raise Financial Services, the parent company of stockbroking platform Dhan. In April, Raise acquired private-market investment platform Infinyte Club and algorithmic trading platform Stratzy. A month later, it acquired IRDAI-registered GreenLife Insurance Broking, marking its entry into insurance distribution.
The fourth transaction involved wealth management platform Scripbox, which acquired the mutual fund distribution business of Delhi-NCR-based Bluechip Capital. The transaction includes the transition of Bluechip Capital’s clients and employees to Scripbox.
The growing investment in wealthtech indicates increasing investor interest in technology-driven financial products and services. At the same time, the concentration of funding among a relatively small number of larger companies shows that investors remain selective about the businesses receiving significant capital.
For wealthtech startups, the next phase is likely to focus not only on raising capital but also on building sustainable businesses and expanding beyond major metropolitan markets. With a growing number of first-time investors across India, smaller cities and towns represent a significant opportunity for platforms seeking to broaden access to digital wealth management and investment products.
