The acquisition of Wealthzi by Nivesh marks a major milestone in India’s wealth management landscape. This strategic merger combines Nivesh’s advanced technology with Wealthzi’s expertise, promising an enhanced investment experience for clients, especially high-net-worth individuals. With ambitious growth targets and a focus on personalized solutions, this partnership aims to reshape the future of wealth management in India.
The Indian wealth management market has witnessed a major transformation with the acquisition of Wealthzi by Nivesh. This strategic move promises exciting developments for both companies and, more importantly, for Indian investors who seek a robust, technology-driven wealth management platform.
Founded in 2016 by Anurag Garg and Sridhar Srinivasan, Nivesh is a leading Wealthtech Platform in India, leveraging advanced AI technology to enhance customer experiences. With a solid base of over 60,000 clients across India, Nivesh has gained a strong reputation for its B2B2C offerings. Wealthzi, on the other hand, was founded in 2020 by PV Sahad, former founder of VCCircle, and Pradeep Pillai, a senior wealth management professional. Wealthzi’s digital wealth management platform caters to high-net-worth individuals (HNWIs) and family offices, bringing together over 20 years of expertise in managing large assets.
The Nivesh-Wealthzi partnership aims to revolutionize the wealth management landscape by offering a comprehensive suite of personalized wealth management solutions to a diverse clientele. By combining their expertise and resources, Nivesh and Wealthzi are creating a formidable force in Wealth Management Technology. The new entity will leverage Nivesh’s advanced platform to improve Wealthzi’s user experience and scale its operations, enabling clients to access a wider range of investment products, including mutual funds, portfolio management services (PMS), and alternative investments.
