Wealthtech startup Dezerv raises Rs 350 Cr in Series C round led by Premji Invest

Dezerv, a wealthtech startup has raised Rs 350 crore (about $39.4 Mn) in its Series C funding round led by existing investor Premji Invest and Accel’s Global Growth Fund.

The round also saw participation from Elevation Capital and Z47.

Dezerv will use the fresh funding to enhance client experience, broaden investment offerings across asset classes, strengthen its technology stack, expand its relationship manager team, and move toward becoming a full-stack wealth manager for entire families.

Read also- Chara Technologies secures Rs 52 Cr in Series A round led by Arkam Ventures

“India’s wealth creators have built their wealth through hard work, grit and sacrifice, and it deserves to be managed with the same determination and care with which it was created,” said Sandeep Jethwani, Co-founder of Dezerv.

“Dezerv is taking a long-term view of wealth management to build an enduring financial institution. The company is serving India’s emerging class of wealth creators with a deep focus on trust, technology, and disciplined investing,” said Abhinav Chaturvedi, Partner at Accel.

About Dezerv 

Founded in 2021 by Sahil Contractor, Sandeep Jethwani, and Vaibhav Porwal, Dezerv started as an invite-only wealth management platform and later opened to all users, offering customized investment solutions for senior professionals and high-net-worth individuals across multiple assets. 

By the end of 2025, it plans to add bonds, REITs, InvITs, loans, and credit cards, creating a one-stop platform for managing personal and family finances. 

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The startup serves clients from 200+ cities, enabling over 5 lakh investors to track ₹2 lakh crore in assets, and manages over ₹14,000 crore across PMS, AIF, and distribution portfolios.

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