Nexedge Capital, a wealth-management and multi-family office firm, raised $20 million in funding from Mirae Asset and Elev8 Venture Partners, the company announced. Founded in February 2025 by former 360 ONE executive Anirudha Taparia, Nexedge has quickly scaled to manage over $3 billion in assets within 18 months, serving more than 1,300 clients across India, according to livemint.com.
The funding round was led by Mirae Asset and Elev8 Venture Partners, marking a significant milestone for Nexedge Capital. The company has expanded its team rapidly, onboarding over 95 senior bankers since its inception, with plans to add another 50 to 60 bankers in 2026. Taparia’s leadership and the firm's rapid growth have attracted investor confidence, enabling this capital infusion to support further expansion.
Nexedge’s rapid growth in assets under management and client base reflects a growing demand for wealth-management platforms in India. The $20 million funding round places Nexedge among the notable recent fundraises in the wealth-tech sector, which has seen increased investor interest amid rising affluence and digital adoption. The firm’s strategy to onboard experienced bankers aligns with trends in personalized wealth advisory services competing with traditional financial institutions.
Nexedge Capital’s assets under management have surpassed $3 billion within 18 months of launch, with over 1,300 clients onboarded. The company aims to continue scaling its team and client base in 2026, leveraging the new funding to strengthen its market position, as detailed by livemint.com.