Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

Dezerv secures ₹350 crore Series C funding

Dezerv

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.​

AdvertisementElets BFSI AI Summit & Awards, Mumbai

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.​

AdvertisementSAAS

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.​

AdvertisementInfoComm India 2026

Also Read: FM launches real-time forex settlement at GIFT City boost, at GFF 2025

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.​

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of News

Digital Gold Push: super.money, JioFinance Woo Dhanteras Buyers

Flipkart-backed payments app super.money and Jio Finance Platform and Service Limited (JFPSL) have rolled out new digital gold… Read more →

SEBI allows NRIs and OCIs to complete KYC digitally from abroad

Policies · BFSISEBI has revised its KYC framework to permit individual persons resident outside India in FATF-compliant countries… Read more →

Sebi eases digital KYC rules for NRIs and foreign investors

Policies · BFSIEffective 3 December, Sebi's revised framework allows persons resident outside India from FATF-compliant countries to complete… Read more →

IRDAI introduces four-layer motor insurance framework from December 15

Policies · BFSIIRDAI has issued a circular creating four distinct sections for private car and two-wheeler policies, giving… Read more →

Private Credit Funds Face Surging Redemption Requests as Withdrawal Caps Bind Investors

News · BFSIRedemption requests at major private credit funds are running well above quarterly caps, raising questions about… Read more →

FMA told to sharpen outcomes focus as credit regulation transfer completes

News · BFSINew Zealand's Financial Markets Authority faces industry calls for a more proportionate regulatory approach, as survey… Read more →

whatsapp--v1