PowerUp Money raises Series A funding led by Peak XV
22 Dec 2025, 04:26 PMThe funding round also saw participation from existing investors Accel, Blume Ventures, Kae Capital, 8i Ventures and DevC.
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PowerUp Money, a mutual fund advisory wealthtech platform, has raised $12 million in its Series A funding round led by Peak XV Partners.
The funding round also saw participation from existing investors Accel, Blume Ventures, Kae Capital, 8i Ventures and DevC, said Prateek Jindal, founder and CEO, PowerUp Money, in a LinkedIn post.
The Bengaluru-based startup will use the fresh capital to strengthen its research and advisory capabilities, scale PowerUp Elite, launch PowerUp Infinite, and invest in financial literacy and investor education initiatives.
The startup was founded in 2024 by Jindal, who is a SEBI-registered investment advisor with experience in wealth management and financial advisory.
PowerUp Money is a SEBI-registered mutual fund advisory platform offering zero-commission, research-backed investment advice. The app allows users to review their portfolios free of cost, while its flagship product PowerUp Elite provides personalized advisory for Rs 999 annually, covering fund selection, rebalancing, and portfolio guidance.
The startup last raised $7.2 million in seed funding in June this year.
India's wealthtech sector has been witnessing growing investor interest as retail participation in mutual funds continues to expand.
In October, wealth tech platform Dezerv raised $40 million led by Premji Invest and Aceel's Global Growth Fund.
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