Bengaluru-based AI Startup Wealthy Raises ₹130 Crore for Wealth Management
PositiveArtificial Intelligence

- Bengaluru-based AI startup Wealthy has successfully raised ₹130 crore to enhance its wealth management services, collaborating with over 6,000 mutual fund distributors and serving more than 100,000 clients across 1,000 towns. This funding will support the company's growth and expansion efforts in the competitive financial technology landscape.
- The capital infusion is significant for Wealthy as it aims to scale its operations and improve its technology-driven wealth management solutions, thereby attracting more clients and distributors. This move positions Wealthy to capitalize on the growing demand for digital financial services in India.
- This development reflects a broader trend in the Indian startup ecosystem, where significant investments are being funneled into technology-driven solutions across various sectors, including finance, healthcare, and artificial intelligence. The Karnataka government's initiatives to promote tech innovation further bolster this environment, indicating a robust future for startups in the region.
— via World Pulse Now AI Editorial System







