Dezerv has announced the successful closure of its Series C funding round, raising ₹350 crore from a cohort of influential investors. The round was co-led by returning investors Premji Invest and Accel, joined by Elevation Capital and Z47, further demonstrating strong conviction in the platform’s growth trajectory.
The company, founded in 2021 by Sahil Contractor, Sandeep Jethwani, and Vaibhav Porwal, intends to utilize the latest capital infusion to strengthen its technology stack, expand the breadth of investment solutions, and deepen its client servicing capabilities. Dezerv’s leadership highlighted that the funding reaffirms their commitment to building a pioneering financial institution that blends institutional rigor with contemporary technology to benefit India’s wealth creators.
With this newest investment round, Dezerv’s cumulative capital raised now exceeds ₹850 crore, enabling the firm to accelerate product expansion across asset classes such as bonds, real estate investment trusts (REITs), infrastructure investment trusts (InvITs), loans, and credit cards within the coming months. The company has outlined a blueprint to leverage the account aggregator framework and deploy artificial intelligence solutions for personalized financial services, aiming to transform how Indian investors manage their portfolios.
Dezerv’s operational footprint spans over 200 cities, with offices in Mumbai, Delhi, Bengaluru, Hyderabad, and Pune. The Dezerv app, used by more than half a million investors, enables wealth tracking across mutual funds, equities, fixed deposits, bank accounts, and pensions, a solution that currently covers ₹2 trillion worth of assets. The firm has delivered nearly 30% returns to its clients since launch and manages over ₹14,000 crore in portfolio management and distribution assets.
Investor partners also praised Dezerv’s rapid evolution over the past three years, crediting a blend of resilience, customer-centric innovation, and continued organic and inorganic capital inflow. The platform is now gearing up for further hiring, planning to onboard 200 more relationship managers to reinforce client engagement and support continuous growth.
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The round signals a robust vote of confidence from marquee backers in India’s maturing wealth-tech sector, as Dezerv strengthens its position as a frontrunner in technology-led investment management.
