Wealth management startup Dezerv raises Rs 350 crore from Premji Invest, Accel, others

Wealth management platform Dezerv has raised Rs 350 crore in a funding round co-led by existing investors Premji Invest and Accel’s Global Growth Fund, with participation from Elevation Capital and Z47.

The funding takes the company’s total capital raised to over Rs 850 crore.

Since its launch in 2021, Dezerv has grown its assets under management (AUM) to over Rs 14,000 crore across portfolio management services (PMS), alternative investment funds (AIFs), and distribution assets.

The fresh capital will be used to strengthen Dezerv’s technology…