Dezerv raises Series C funding co-led by existing investors Premji, Accel
13 Oct 2025, 04:26 PMOther existing investors Elevation Capital and Z47 also participated in the funding round.
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Wealth management platform Dezerv said it has raised Rs 350 crore in its Series C funding round co-led by co-existing investors Premji Invest and Accel’s Global Growth Fund.
Other existing investors Elevation Capital and Z47 also participated in the funding round, said Dezerv in a statement.
With the latest funding, the startup has raised a total capital of Rs 850 crore.
The startup will use the fresh capital to strengthen its technology platform, increase its suite of investment solutions across asset classes, and onboard relationship managers.
Dezerv was founded by in 2021 by Sahil Contractor, Sandeep Jethwani and Vaibhav Porwal. Its app helps investors can track their mutual funds, stocks, bank accounts, NPS and fixed deposits. Dezerv also plans to add bonds, Real Estate Investment Trusts (ReITs) and Infrastructure Investment Trust (InvITs) as well as loans and credit cards by the end of this year.
The statement said that Dezerv manages over Rs 14,000 crore across portfolio management services (PMS), alternative investment fund (AIF) and distribution assets. It has clients in more than 200 cities, it added.
"With a full-stack platform for wealth solutions across equity and credit, and a uniquely trained relationship management team, Dezerv is well positioned to set new industry standards for risk-adjusted returns and superior client outcomes in wealth management for India’s emerging wealth creators,” said Saravanan Nattanmai, partner, Premji Invest.
Wealth management platforms have attracted significant venture capital interest in the past years.
Other venture capital-backed wealth management platforms include Centricity, Scripbox and Jar.
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