Funding·
PowerUp Money raises $10M led by Flourish Ventures for AI-led wealth management
Bengaluru wealthtech PowerUp Money raised $10 million led by Flourish Ventures, with Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC participating. Founded in 2025 by Prateek Jindal, the AI-led wealth platform serves more than 1.5 million users tracking mutual fund portfolios worth over INR 2.5 lakh crore. Products include Elite (fee-based mutual fund advisory), Elite Prime (digital wealth with an AI wealth coach and AI personal assistant), and Infinite (managed advisory that reached nearly INR 500 crore AUM in about nine months). The company says the capital will accelerate AI-led wealth management and scale Infinite to more customers.
Fresh capital into an AI-native retail and RIA wealth stack in India, a market where fee-based advice and managed AUM are scaling fast.
Deal details
- Company
- PowerUp Money
- Amount
- $10M
- Round
- Not stated
- Lead
- Flourish Ventures
- Backers
- Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures, DeVC
Source
Read at FinSMEs ↗Entrepreneur India ↗
FinSMEs · finsmes.com · Found in the news · source checked Nov 3, 2026
Spot an error? Submit a correction
More for Retail
- Volaren launches a personal investing agent that trades across linked brokerage accounts within user-set limits
- eToro launches Connector, letting Claude, Grok and ChatGPT read and act on client portfolios
- CFTC chair Mike Selig asks who is liable when an AI trading agent goes rogue, and floats know-your-agent rules
- Vouch raises $500K pre-seed from Y Combinator for AI-native wealth management for Indian families
One email a week. Free.