Dezerv, the Mumbai-based wealth tech platform, has raised $40 million (Rs 350 crore) in an all-primary Series C funding round, co-led by Premji Invest and Accel’s Global Growth Fund, with participation from Elevation Capital and Z47 (formerly Matrix Partners India). This follows its $32 million Series B round in July 2024, bringing the company’s total funding to around $100 million since inception in 2021, including a $7 million seed round.

The funding will support Dezerv’s nationwide expansion, technology enhancements, and diversification of its investment offerings across multiple asset classes. The platform also plans to hire 200 additional relationship managers over the next 12 months to strengthen client engagement. In March 2025, Dezerv launched an ESOP buyback program worth $5.3 million, benefiting current and former employees.

Founded in April 2021, Dezerv provides portfolio management services for high-salaried professionals and business individuals, operating in over 200 cities through offices in Mumbai, Delhi, Bengaluru, Hyderabad, and Pune. Leveraging India’s Account Aggregator framework, Dezerv aims to expand its One Model platform to include InvITs, REITs, and precious metals, offering personalized, technology-driven investment solutions.