Wint Wealth Eyes Rs 700 Crore Valuation in Series B Funding Round
- Wint Wealth to raise Rs 120 crore in Series B led by Vertex Ventures after a long funding gap.
- Valuation at around Rs 700 crore post-money, signaling strong investor confidence.
- Funds to drive growth, marketing, and operations across the business.
Wint Wealth is raising Rs 120 crore (about $13.3 million) in its Series B funding round at a post-money valuation of nearly Rs 707 crore. The round is led by Vertex Ventures and marks the Bengaluru-based wealth management startup’s first major fundraise in over three and a half years.
According to regulatory filings, Wint Wealth’s board has approved the issuance of 94,047 Series B compulsory convertible preference shares at Rs 12,804 per share. Vertex Ventures will invest Rs 77.52 crore as the lead investor. Existing backers Unitary Fund, Eight Roads Ventures, and 3one4 Capital will also participate, contributing Rs 18.7 crore, Rs 13 crore, and Rs 8.16 crore, respectively. Zerodha’s Rainmatter will add Rs 3 crore to the round.
The company plans to use the fresh capital for capital expenditure, marketing, and general corporate needs. Filings also indicate that Wint Wealth may raise additional funds as part of this Series B, which could result in changes to its valuation and ownership structure.
After the round, Vertex Ventures is expected to hold a 10.96 percent stake in the company. Other investors, including 3one4 Capital, Unitary Fund, Rainmatter, and ERVI Technology (an Eight Roads Ventures entity), will collectively own smaller stakes.
Before this round, Wint Wealth had raised around $22 million from investors such as Eight Roads Ventures, Zerodha, 3one4 Capital, and Unitary Fund. Its last major funding was a $17 million Series A round.
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The company has not yet reported its FY25 financials. In FY24, Wint Wealth posted operating revenue of Rs 17.2 crore and reported a loss of Rs 18 crore.
Funding activity in the wealth-tech space remains strong, with several startups raising sizable rounds in recent months, reflecting sustained investor interest in digital wealth management platforms.
