New Delhi-based wealth management firm Nexedge Capital has raised $20 million in its maiden funding round led by Mirae Asset Venture Investment and Elev8 Venture Partners. The fresh capital will be used to strengthen Nexedge’s technology platform, expand its senior banker network and increase its presence across India, including tier 2 and tier 3 cities. The company also plans to build a dedicated NRI proposition and launch an NBFC business. Founded by Anirudha Taparia in February 2025, Nexedge provides wealth management and multi family office services covering investments, portfolio management, estate planning, business expansion and global mobility. The company aims to manage a family’s overall net worth rather than only its investible assets. Nexedge caters to high net worth individuals (HNIs), ultra high net worth individuals (UHNIs), families and corporates. The company claims to have surpassed $3 billion in assets under management (AUM) across around 1,300 clients within 18 months of starting operations. It has onboarded more than 95 senior bankers and expects another 50 to 60 bankers to join in 2026. Taparia previously served as co-founder and Joint CEO of 360 ONE Wealth, where he helped build the wealth management business. He is joined at Nexedge by co-founders Sidhartha Shaw, Vijeeta Sharma and Pankaj Walia, along with 15 founding partners with experience across Citibank, Kotak Wealth, 360 ONE and Standard Chartered. As per data compiled by Entrackr, Indian wealthtech startups raised more than $634 million across 51 funding deals involving 39 startups during 2024 and 2025. In the ongoing calendar year, VeriqusraisedRs 387 crore (around $40 million) in a funding round led by Norwest Venture Partners.AssetPlusraised $19.3 million, Wint Wealth secured $28 million,Neo Groupbagged $36.3 million,Bachattraised $12 million, while Prime Investor, Rovia, CREST and HyperNorm also attracted fresh capital. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
