Funding · Financial Services

Centricity WealthTech raises ₹280 crore in Series A

By Startup Enthusiast · 13 August 2026

What they do

Centricity WealthTech provides technology-driven wealth management services for advisors and high-net-worth individuals

The company raised ₹280 crore in a Series A round led by SMBC Asia Rising Fund at an implied valuation of ₹1,800 crore

Revenue tripled to ₹61.26 crore in FY25 as the firm expands its B2B2C distribution and private wealth businesses

Centricity WealthTech has raised ₹280 crore in a Series A funding round on 13 Aug 2026.
The round was led by SMBC Asia Rising Fund, the corporate venture capital arm of the SMBC Group.
The total raise consists of ₹230 crore in equity and ₹50 crore in venture debt (loans provided to startups).
The funding values the company at approximately ₹1,800 crore on a post-money basis.
Existing investors including Lightspeed India Partners and Burman Family Office participated in the round.
New participants included Stride Ventures and InnoVen Capital alongside other family offices.
Founders Manu Awasthy, Aditya Shankar, Gaurav Tiwari, Manish Sharma, and Pushpendra Singh are all former private bankers.
The company plans to use the funds to strengthen its tech stack and expand its B2B2C (business-to-business-to-consumer) distribution.

The Indian wealth management market is projected to grow from $171.16 billion in 2025 to $436.4 billion by 2034.
Internet-first wealth platforms raised ~$136 million in 2026, a 64% increase from the previous year.
Centricity serves over 20,000 financial planners and 1 lakh investors through its platform.
The company reported a revenue growth rate of ~200% over the past year.

Centricity operates a technology-led, open-architecture wealth management platform for advisors and family offices.
It serves three main segments: One Digital for distribution, Invictus Private Wealth, and Centricity Global Private Client.
The platform offers products including mutual funds, insurance, bonds, PMS, AIFs, and broking services.
It also facilitates GIFT City products and offshore investments for Non-Resident Indians (NRIs).
The company claims to manage assets under management (AUM) of over ₹15,000 crore.
It has a presence in 66+ cities with 75+ branches across India.
The firm employs more than 800 people to support its operations and client base.
Over 60% of its assets generate recurring revenue through its service model.

The company aims to add more than 50 domestic private bankers and 35-40 NRI bankers.
It plans to deepen global presence via GIFT City and DIFC structures.
Centricity targets revenue of more than ₹150 crore in FY27.