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Wealth Creation Platform Dezerv Raises $21 Mn In Series A

With this fundraise, it intends to focus on strengthening the user experience, introducing new investment opportunities and growing the talent pool within the company

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Wealth Creation Platform Dezerv Raises $21 Mn In Series A
Wealth Creation Platform Dezerv Raises $21 Mn In Series A

India's leading wealth-creation platform, dezerv. has raised $21 million in Series A funding led by Accel with participation from existing investors Matrix Partners India and Elevation Capital. The fresh round of funding comes after the startup has shown significant growth with more than INR 800 Cr invested through the platform. 

With this fundraise, it intends to focus on strengthening the user experience, introducing new investment opportunities and growing the talent pool within the company.

Sandeep Jethwani, Co-Founder of dezerv. said , “This fundraise is one more step towards our mission of delivering real investment expertise to India’s working professionals. The need for better investment outcomes has never been felt as acutely as in the current volatile environment. The overwhelming response in our early days coupled with this fundraise from three of India’s top venture capital funds further strengthens our mission. We’re excited to welcome Accel to the partnership, as we are with the continued support from Matrix Partners India and Elevation Capital. ”

The round was led by Accel. Commenting on the fundraise, Abhinav Chaturvedi, Partner, Accel said “We’re excited to partner with dezerv. in their journey to provide investment expertise to working professionals in India. As the information asymmetry increases when it comes to investing and financial products, there is a greater need for domain experts managing money and delivering sustainable returns. We believe that the team at dezerv. with decades of experience is best equipped to fill this gap that working professionals in India face.”


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