PowerUp Money Raises $12 Million Series A to Expand Mutual Fund…

Team S · 2026-03-06T13:40:32.000Z

Bengaluru-based wealthtech startup PowerUp Money has secured $12 million in a Series A funding round to scale its subscription-based mutual fund advisory platform and strengthen its research-driven investment guidance tools. Operated by Uniorbit Wealth Management Private Limited, the platform focuses on providing unbiased and data-driven mutual fund advice to retail investors through a transparent subscription model. PowerUp Money aims to simplify long-term investing for retail investors by offering structured research insights and personalised portfolio recommendations. The company’s platform is designed to help users make informed financial decisions while eliminating commission-based conflicts typically associated with traditional distribution-led investment advice. The $12 million Series A round was led by Peak XV Partners, with participation from 8i Ventures, DevC, Accel, Blume Ventures, and Kae Capital. The investment reflects growing interest in technology-driven wealth advisory solutions as India’s retail investment market continues to expand rapidly. PowerUp Money plans to use the newly raised capital to strengthen its research and advisory capabilities, expand its subscription product PowerUp Elite, and launch a fully managed advisory offering called PowerUp Infinite. The company also intends to invest in financial literacy initiatives to help more individuals access informed wealth-building tools.

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PowerUp Money Raises $12 Million Series A to Expand Mutual Fund… | Newnex