Two fund managers who handled Rs 1.35 lakh crore for others just built a company for India's rich

Summary

Two former fund managers have built Veriqus, a wealth platform aimed at India's HNIs and family offices, and raised Rs 387 crore. The pitch combines institutional credibility with a clearly defined affluent customer set.

Why it matters

Wealthtech still attracts capital when the founders know the buyer and can speak the language of trust, compliance, and portfolio construction. This is a reminder that narrow, high-value segments can still support venture-scale ambition.

Founder/operator read

In trust-heavy fintech, the wedge is often credibility plus a narrow client set, not broad consumer reach. Compliance, service quality, and product depth matter as much as growth.

Original source

Read original