Wealthtech startup Veriqus Group has raised Rs 387 crore in a funding round led by Norwest. The Mumbai-based company plans to use the money to build an AI-led wealth and asset management platform and expand its services across India.
Veriqus was founded in 2026 by Ashish Gumashta and Roshi Jain, both senior names from India’s financial services sector. The startup aims to serve high-net-worth individuals, family offices, entrepreneurs, and institutions through one platform that brings together wealth management, asset management, business advisory, and lending services.
The new funding shows strong investor interest in India’s wealthtech market. Veriqus is focusing on technology and AI to improve client service and advisory quality, while also planning to expand into Tier-II and other fast-growing cities beyond metros.
This round is also notable because it adds fresh momentum to India’s growing wealth management segment. As more individuals and businesses look for professional financial advice, startups like Veriqus are trying to combine human expertise with digital tools to serve a wider customer base.
FAQs [Frequently Asked Questions]
1. What is Veriqus?
Veriqus is a wealthtech startup that offers wealth management, asset management, advisory, and lending services through a single platform.
2. How much funding did Veriqus raise?
Veriqus raised Rs 387 crore, which is about $40 million, in a round led by Norwest.
3. Why is this funding important?
The funding will help Veriqus build its AI-driven platform and expand into Tier-II cities, showing rising demand for digital wealth services in India.