Dezerv Secures ₹350 Crore in Series C Round to Expand Wealth-Tech Offerings
Wealth management platform Dezerv has raised ₹350 crore ($40 million) in a Series C funding round co-led by Premji Invest and Accel’s Global Growth Fund, with participation from Elevation Capital and Z47 (formerly Matrix Partners India).
Founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor in 2021, Dezerv has now raised around $100 million to date, including a $32 million Series B last year and a $7 million seed round in 2021. Earlier this year, Dezerv initiated a $5.3 million ESOP buyback to reward both current and former employees, underlining its focus on internal growth and retention.
Scaling Wealth Management for India’s Emerging Affluent Class
Dezerv specializes in portfolio management services for salaried professionals and business owners, combining expert-led insights with a technology-first approach. The platform claims to have delivered nearly 30% returns since inception, making it one of the most trusted players in India’s fast-growing wealth-tech segment.
With presence across 200 cities, including Mumbai, Delhi, Bengaluru, Hyderabad, and Pune, Dezerv aims to strengthen its technology stack, enhance client experience, and diversify asset offerings across classes such as REITs, InvITs, and precious metals.
The company also plans to hire 200 new relationship managers over the next year to deepen its client engagement.
Eyeing the Future of Personalized Investing
Dezerv plans to leverage India’s Account Aggregator framework to offer more tailored investment solutions. The upcoming phase of its flagship One Model platform will bring integrated access to multiple asset classes, simplifying wealth creation for modern investors.
Final Take:
Dezerv’s latest funding marks a strong vote of confidence in India’s evolving wealth-tech ecosystem where technology, trust, and transparency are redefining how the next generation invests.
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