Veriqus Raises ₹387 Crore to Build AI-Powered Wealth Management Platform
Top Picks
Stay Ahead of the Market
Get the latest startup funding, hiring trends and global opportunities delivered to your inbox every week.
Veriqus Secures ₹387 Crore to Expand AI-Driven Wealth Management
Indian wealthtech startup Veriqus Group has raised ₹387 crore (approximately $40.1 million) in a funding round led by Norwest to build an integrated wealth and asset management platform powered by artificial intelligence.
Founded in 2026 by Ashish Gumashta and Roshi Jain, Veriqus serves high-net-worth individuals (HNIs), family offices, entrepreneurs, and institutions through a unified financial services platform.
Building an AI-First Investment Platform
The fresh capital will be used to develop Veriqus' technology infrastructure with AI at its core. The platform aims to enhance portfolio analysis, risk monitoring, client reporting, and investment decision-making.
The startup plans to offer wealth management, asset management, business advisory, and lending services while following an open-architecture model that provides clients with access to a broad range of investment products.
Expanding Across India's Growing Wealth Market
Veriqus also plans to expand into Tier-II and other high-growth cities, bringing institutional-grade wealth management services to entrepreneurs, business owners, and multi-generational families.
The funding comes amid growing investor interest in India's wealth management sector, driven by rising incomes, entrepreneurship, and increasing financialisation of savings.
