Investors chase wealthtech startups in India as affluent class grows
Investors are supporting Indian wealthtech startups like Dezerv as they attract a growing middle class and high-net-worth clients.
MAIN POINTS
- Indian wealthtech startups are gaining traction with a growing middle class.
- Startups are challenging traditional financial advisors for high-net-worth clients.
- Premji Invest is in advanced talks to lead a $30-$40 million funding round in Dezerv.
TAKEAWAYS
- Wealthtech startups are becoming popular investment options in India.
- Traditional financial advisory services face competition from innovative startups.
- Significant investments are being made in platforms like Dezerv.