Nexedge Capital Raises $20M Maiden Round Led by Mirae Asset Venture Investment to Scale Wealthtech Platform

Nexedge Capital, a New Delhi-based wealth management firm, raised $20 million in its maiden funding round, announced August 25, 2026. The round was led by Mirae Asset Venture Investment, with participation from Elev8 Venture Partners. Founded by Anirudha Taparia in February 2025, Nexedge has surpassed $3 billion in assets under management across around 1,300 clients within 18 months of starting operations.

What Nexedge Capital Builds

Nexedge provides wealth management and multi-family office services covering investments, portfolio management, estate planning, business expansion, and global mobility, targeting high-net-worth and ultra-high-net-worth clients in India. The company's rapid path to $3 billion in AUM within 18 months of launch reflects both the scale of wealth creation happening in India's growing economy and Nexedge's ability to attract clients quickly in a wealth management market that has traditionally been served by relationship-driven, less technology-enabled players.

Where the Capital Goes

Nexedge will use the new capital to strengthen its technology platform, expand its senior banker network, and increase its presence across India, including tier 2 and tier 3 cities. The tier 2 and tier 3 expansion is a notable strategic signal: India's wealth creation is increasingly happening outside the traditional metro hubs of Mumbai, Delhi, and Bengaluru, as smaller cities produce a growing population of successful entrepreneurs, professionals, and business owners who need sophisticated wealth management services but have historically been underserved by firms concentrated in major metros.

Why Mirae Asset Led

Mirae Asset Venture Investment has been an active investor in the Indian startup ecosystem, and its India-focused venture arm recently achieved a nearly $118 million first close for its third India-focused fund, targeting $188 million to back early-growth Indian tech, AI, deeptech, advanced manufacturing, and consumer companies at Series B through D stages. Mirae's decision to lead Nexedge's maiden round signals confidence in wealthtech as a category within India's broader fintech landscape, particularly for platforms that combine technology with the relationship-driven, high-touch service model that wealth management clients expect. See active fintech investors on AngelLinx for the broader landscape of funds backing companies building in adjacent categories.

What This Means for Founders

Nexedge's raise is instructive for India-based founders building in wealthtech, private banking technology, or family office services, showing that investors will back maiden rounds at meaningful scale when a company can demonstrate rapid AUM growth and a credible plan for technology-enabled expansion beyond the metro markets that most competitors focus on. The tier 2 and tier 3 expansion thesis in particular is a data point worth watching across other wealthtech, fintech, and consumer finance categories in India, where underserved smaller cities represent a large and growing addressable market. Use the investor match tool to find fintech and wealthtech investors with relevant portfolio experience, and understand your customer acquisition cost in the context of high-net-worth client acquisition, where trust and relationship-building cycles are longer than typical consumer fintech sales.

See other India fintech raises covered in the AngelLinx newsroom for comparable maiden-round benchmarks. India wealthtech and fintech founders can explore investors on AngelLinx @ angellinx.ai/register.

AngelLinx Intelligence | angellinx.ai