Wealthy Secures Rs. 130 crore in Funding led by Bertelsmann India Investments

Wealthy.in, a wealth-tech platform for mutual-fund distributors and wealth management professionals, raised Rs. 130 crore in a Series B round led by Bertelsmann India Investments. The round also saw participation
from existing investor Alphawave Global, new investor Shepherd & Hill, and a group of prominent tech entrepreneurs. Founded by IIT–IIM alumni Aditya Agarwal and Prashant Gupta, Wealthy’s platform processes over Rs. 300 crore in monthly transactions and works with a network of more than 6,000 mutual fund distributors serving over 100,000 clients across 1,000 towns. It has also emerged as India’s second-largest recruiter of distributors, onboarding more than 350 every month. Client assets worth Rs. 5,000 crore are currently being managed on the platform.

The fresh capital will accelerate Wealthy's mission to empower India's rapidly growing mutual fund distributors (MFDs) with advanced AI-powered tools and digital infrastructure, transforming how Indian investors save, invest, and build long-term financial wealth. With mutual fund AUM at 75 lakh crore and India’s wealth management market projected to double to 200 lakh crore by FY29, independent MFDs have become the backbone and growth engine of the retail wealth industry.

"India has a fundamental advice gap that technology alone cannot solve. LIC serves over 40 crore customers, yet mutual funds have only 5 crore investors—this gap exists because we have too few advisors, and the ones we have lack the tools to scale", said Aditya Agarwal, Co-founder of Wealthy. "MFDs have done a phenomenal job building trust and relationships, but to scale to the next level, they needed technology investment that was missing from the ecosystem. We've built a mobile-first, India-made solution designed specifically for how Indians invest and how Indian advisors work. Our platform combines the irreplaceable value of human advice with AI-powered tools, enabling wealth partners to deliver institutional-quality service at scale. This is how we'll bridge the advice gap and bring sophisticated wealth management to millions.”