Wealth Management Platform Dezerv Raises $32M in Funding

Dezerv, a wealth management platform, raised Rs 265 crore (about $31.7 million) in a funding round led by Premji Invest, with existing investors also participating. The company plans to invest in new strategies, improve technology, and hire specialists for growth. Founded in 2021, Dezerv manages over Rs 7,000 crore in client assets across various investment strategies and operates a fund-of-funds strategy. The funding aims to target high-net-worth individuals and increase assets under management to Rs 15,000 crore this year. Premji Invest's investment aligns with the company's goal of supporting affluent individuals in wealth creation journeys.