AssetPlus is used by over 18,000 mutual fund distributors across the country, which together manage over ₹7000 crore in assets under management.Wealth management startup AssetPlus has raised ₹175 crore in a funding round led by Nexus Venture Partners.
The newly raised funds will be used to deepen its tech stack, expand product offerings and boost initiatives that support wealth management.
AssetPlus is used by over 18,000 mutual fund distributors across the country, which together manage over ₹7000 crore in assets under management. It offers features such as seamless client onboarding, access to several financial products and tools for client management.
“We are building systems that remove friction for distributors so they can spend more time with clients. This funding allows us to invest in resilient, future-ready technology while continuing to move fast with discipline,” said Awanish Raj, co-founder and CTO, AssetPlus.
The company said it is also exploring AI-led enhancements across workflows, risk assessment, and client engagement.
“What stood out to us was AssetPlus’ clarity of vision and execution. They are building long-term infrastructure for assisted wealth management, which is critical to India’s financial future. Their integrated approach across technology, products, and capability building positions them to create lasting impact,” said Anand Datta, partner, Nexus Venture Partners.
AssetPlus is also backed by Eight Roads Ventures, Rainmatter by Zerodha and Bhupinder Singh.
“As India adds more new investors, we also need to find ways to help them do better with decisions when it comes to investing. That comes from awareness, education, and guidance. The AssetPlus team has always focused on enabling Mutual Fund Distributors the right way,” said Nithin Kamath, co-founder, Rainmatter by Zerodha.
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