Dezerv Secures ₹350 Crore to Fuel Wealth Tech Platform Expansion

Fintech company Dezerv has raised ₹350 crore in its Series C funding round, as per the news reports. The round was co-led by Premji Invest and Accel’s Global Growth Fund, with participation from Elevation Capital and Z47. Since its launch in 2021, Dezerv has raised a total of ₹850 crore.

Plans to Expand Offerings

The company will use the funding to expand its range of investment products. By the end of 2025, Dezerv plans to include bonds, real estate investment trusts (REITs), infrastructure investment trusts (InvITs), loans, and credit cards. Currently, the platform manages over ₹14,000 crore through portfolio management services (PMS), alternative investment funds (AIF), and distribution assets.

Technology and App

Dezerv intends to improve its technology and client interface. Its app serves over 500,000 investors and tracks assets worth around ₹2 trillion, including mutual funds, stocks, bank accounts, fixed deposits, and the National Pension Scheme. The platform combines automated tools with human assistance.

Founders and Operations

Dezerv was founded in 2021 by Sahil Contractor, Sandeep Jethwani, and Vaibhav Porwal. The company operates from offices in Mumbai, Delhi, Bengaluru, Hyderabad, and Pune, serving clients across 200 cities. The founders stated that the new funds will support operational growth and infrastructure.

Read More: HCLTech Becomes First Indian IT Firm to Report AI Revenue of Over $100M in Q2FY26!

Conclusion

With additional funding and plans to expand its product offerings, Dezerv continues to develop its platform and services. The company is focusing on increasing its presence and reach within India’s wealth management sector.

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