PowerUp Money Raises $10 Mn To Expand Wealth Management Services

Picture: Inc42 · see the original ↗

PowerUp Money has raised $10 Mn (₹95 Cr) in a round led by Flourish Ventures, with Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating. The Bengaluru wealthtech will expand AI-led wealth management and its managed advisory business. It claims over 15 Lakh customers tracking mutual fund portfolios worth over ₹2.5 Lakh Cr, and has launched Elite Prime.

Source: Inc42 ↗