Funding · Financial Services

Neo Group raises ~INR 350 crore from Peak XV

By Startup Enthusiast · 17 July 2026

What they do

Neo Group provides wealth management, asset management and private market services

It raised ~INR 350 crore in a round led by existing investor Peak XV Partners

The firm manages ~INR 1.30 lakh crore in client assets and operates in 30+ cities

Neo Group raised approximately INR 350 crore ($36.3 million) in a funding round.
The round was led by Peak XV Partners, an existing and earliest institutional investor.
Peak XV first invested in Neo Group in 2023.
The transaction is expected to close shortly.
Funds will be used for talent, technology and new product capabilities as Neo expands across India.

Neo Group has nearly INR 3,000 crore in equity capital.
Total client assets stood at ~INR 1.30 lakh crore as of 30 June 2026.
Annualised recurring revenue (ARR) assets are INR 50,000 crore.
This round follows TVS Capital's INR 550 crore investment in Neo Group announced recently.

Neo Group offers wealth management, asset management, private markets, fixed income, global investments, insurance and estate planning.
It provides alternative investment strategies in private credit, infrastructure and private equity.
Clients include family offices, ultra-high-net-worth individuals (UHNIs), high-net-worth individuals (HNIs), institutions and corporates.
The firm operates in more than 30 cities across India, including Delhi, Bengaluru, Hyderabad, Chennai, Goa and Jaipur.
It also has a presence in the United States.
Neo Group employs over 850 professionals, including more than 150 senior wealth advisors.

Funds will be used for talent, technology and new product capabilities as Neo expands across India.

Peak XV Partners (lead) — Peak XV Partners is an existing and earliest institutional investor in Neo Group. Sakshi Chopra is Managing Director at Peak XV.