Veriqus Group, a wealth-tech firm offering integrated wealth and asset management services, has secured ₹387 crore in a funding round led by Norwest Venture Partners, the company announced on Monday. The platform caters to high net worth individuals, family offices, entrepreneurs, and institutions, aiming to enhance investment strategies through AI-enabled tools.
The funding round was led by Norwest Venture Partners, with participation from other investors, according to the company statement. Veriqus plans to use the capital to expand its asset management platform, which leverages real-economy intelligence, fundamental research, and disciplined investing to help clients build long-term conviction. Nikhil Kookada, principal at Norwest Venture Partners, highlighted the rapid wealth creation in India beyond major metros and the increasing financialization of savings as key drivers for the sector.
The infusion of ₹387 crore into Veriqus comes at a time when India's wealth management industry is evolving, marked by growing demand for comprehensive and high-quality financial advice. This funding round positions Veriqus alongside other firms capitalizing on the expanding market for wealth management services in India, where technology-driven platforms are gaining traction to serve a diverse client base.
Veriqus Group's next steps include scaling its AI-enabled asset management platform to meet the rising demand for holistic wealth management solutions. The company disclosed the funding round details on July 20, 2026, underscoring its commitment to leveraging technology for disciplined investing and long-term wealth creation.