Chennai wealth-tech startup AssetPlus raises ₹175 cr growth funding…

Team S · 2026-01-26T16:03:21.000Z

AssetPlus, a Chennai-based wealth-tech platform focused on technology-enabled assisted wealth management and mutual fund distribution, has raised ₹175 crore (≈ $19.3 million) in a growth funding round to deepen its tech stack, expand product offerings, and scale its advisor-led financial services ecosystem. The platform helps mutual fund distributors (MFDs) and investors manage investments more efficiently through digital workflows, AI-led advisory tools, ONDC integrations, and a broad suite of financial products including mutual funds, insurance, fixed deposits, and retirement solutions. The company plans to roll out Portfolio Management Services (PMS) and enable global investment access via GIFT City over the next six months, further reinforcing its role in India’s evolving wealth management landscape. In this round, Nexus Venture Partners led the investment with significant participation from Eight Roads Ventures and Rainmatter Fund - reaffirming strong investor confidence in AssetPlus’s growth strategy and tech-driven approach to transforming advisor productivity. The fresh capital will be used to strengthen core technology infrastructure, broaden product suite beyond traditional mutual fund distribution, and enhance advisor engagement tools that support long-term portfolio outcomes for investors. AssetPlus, founded in 2016 by Vishranth Suresh and Awanish Raj, currently partners with over 18,000 MFDs managing more than ₹7,250 cr in assets across India, serving a large base of retail investors.

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Chennai wealth-tech startup AssetPlus raises ₹175 cr growth funding… | Newnex