Inc42Gaurav B.
PowerUp Money Raises $10 Mn To Expand Wealth Management Services
Bengaluru-based wealthtech startup PowerUp Money has raised $10 Mn (₹95 Cr) in a fresh funding round led by Flourish Ventures, with participation from existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC.
The startup plans to use the capital to expand its AI-led wealth management offerings, scale its managed advisory business and develop personalised financial planning solutions for Indian investors.
“We started by making high-quality investment advice accessible to every Indian. Today, AI makes it possible to deliver a much more comprehensive, wealth-manager-like experience digitally and at a fraction of traditional costs.
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