Neo Group raises Rs 350 crore in funding round led by Peak XV Partners
17 Jul 2026, 12:57 PMThe investment comes soon after Neo secured funding from TVS Capital earlier in March.
Share the story on
Wealth and asset management firm Neo Group has raised Rs 350 crore in a funding round led by existing investor Peak XV Partners.
The transaction is expected to close shortly, Neo said. The company did not disclose the valuation of the funding round or contribution from participating investors.
The investment comes soon after Neo secured funding from TVS Capital earlier in March.
The Mumbai-based company will use the fresh funds to invest in technology, expand its workforce, and launch new products and solutions across its wealth and asset management platforms.
Founded in 2021 by Nitin Jain, former CEO of Edelweiss Wealth Management, Neo Group offers wealth management, asset management, and investment advisory services to high-net-worth individuals, ultra-high-net-worth families, and family offices. As of June 30, 2026, the firm managed approximately Rs 1.3 lakh crore in client assets and operated across more than 30 cities in India, with an additional presence in the United States.
Earlier, Neo Group had raised Rs 221 crore (about $25 million) in a follow-on funding round led by Crystal Investment Advisors (Atha Group) in November 2025. It secured $48 million in August 2024 and $35 million in Series B funding in October 2023.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
