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The round also saw participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.
The company will use the fresh capital to expand its network of wealth creators, and enhance its AI-powered wealth management platform, among others.
The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
Its total income more than doubled to Rs 103.4 crore in FY26 from Rs 47.9 crore a year earlier.
The IPO will open for bids on January 13 for retail and institutional investors.
The funding round also saw participation from existing investors including TPG's The Rise Fund and Norwest Venture Partners.
Existing investors Norwest Venture Partners, Peak XV Partners, Faering Capital, and Maj Invest also doubled down in the round.
