Funding · Financial Services

Nexedge Capital raises $20 million in maiden funding

By Startup Enthusiast · 25 August 2026

Date: 25 August 2026
Company: Nexedge Capital
What it does: Wealth management and family office
Kind: Funding
Amount: $20 million
Stage: maiden
Founded: 2025
Sector: Financial Services

What they do

Nexedge Capital provides wealth management, estate planning, and multi-family office services to affluent individuals, families, and corporate clients…

What happened

The company raised $20 million in its first funding round, led by Mirae Asset Venture Investment and Elev8 Venture Partners

Why it matters

Nexedge plans to use the capital to enhance its technology platform, expand its senior banker network, and launch new financial verticals

The details

Wealth management firm Nexedge Capital secured $20 million in its first institutional funding round.
The round was co-led by Mirae Asset Venture Investment and Elev8 Venture Partners.
The company intends to use the funds to strengthen its technology platform and expand its senior banker network.
Nexedge plans to increase its physical footprint from roughly 12 to 22 locations by the end of 2026.
New capital will support the development of a Non-Banking Financial Company (NBFC) vertical and a Non-Discretionary Portfolio Management Service (NDPMS).
The firm also aims to launch a dedicated offering for Non-Resident Indians (NRIs).

The bigger picture

The company manages over $3 billion in assets under management (AUM) within 18 months of its launch.
Nexedge serves approximately 1,300 clients who typically hold at least Rs 10 crore in investable assets.
The firm recorded revenue of about Rs 60 crore in its first full financial year ending March 2026.

About the business

Nexedge provides comprehensive wealth management services including portfolio management, estate planning, and global mobility.
The firm positions itself as a manager of a family's entire balance sheet rather than just investable surplus.
It currently employs over 95 senior bankers and expects to add 50 to 60 more during 2026.
The company operates on an invitation-only model for client consultations.
Over 150 senior leaders have invested their own capital into the business.

What happens next

Expand presence across India including Tier-II and Tier-III cities.
Increase office locations to 22 by the end of 2026.
Launch a dedicated NRI financial offering.

The deal

Type: funding

Investors

Mirae Asset Venture Investment (lead) — A venture capital firm that cited the company's ownership model as a key investment factor.
Elev8 Venture Partners (lead) — A venture firm focused on the long-term growth potential of India's HNI and UHNI wealth market.

Founders

Anirudha Taparia, Founder
Vijeeta Sharma, Co-founder
Sidhartha Shaw, Co-founder
Pankaj Walia, Co-founder

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