Centricity has raised Rs 280 crore in a Series A funding round.
SMBC Asia Rising Fund led the round, with existing investors also participating.
The financing includes Rs 230 crore in equity and Rs 50 crore in venture debt.
Centricity is valued at about Rs 1,800 crore following the round.
The company manages more than Rs 15,000 crore in assets.
It plans to strengthen its technology stack and B2B2C distribution platform.
Centricity will expand its private wealth and NRI-focused businesses.
The company plans to grow its domestic and international presence through GIFT City and DIFC offerings.
It intends to hire more than 50 private bankers.
Centricity expects revenue of more than Rs 150 crore in FY27.
A quick read on shared facts, changing details, and different emphasis.
Coverage consistently reports that Centricity raised Rs 280 crore in a Series A round led by SMBC Asia Rising Fund. Reports broadly agree that the capital will support hiring, technology, distribution, private wealth, NRI and international expansion.
The specific allocation of the funds and the timeline for the planned hiring of private bankers remain to be detailed.
Swipe through the perspectives. Labels describe coverage framing, not truth or quality.
Coverage characterizes the funding as a strategic growth opportunity for Centricity. It highlights the company’s more than Rs 15,000 crore in assets, plans to hire over 50 private bankers, and intended expansion through GIFT City and DIFC offerings. The reports also emphasize investment in technology, distribution, private wealth and NRI businesses.
The latest eight dated reports, from earliest to newest.
The Economic Times
The Economic Times
Attributed summaries from official party channels. These are claims, not independent reporting or fact checks.
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Gurugram-based wealth management startup Centricity has raised Rs 280 crore in funding led by SMBC Asia Rising Fund. Founder and CEO Manu Awasthy said the round included Rs 230 crore in equity and Rs 50 crore in venture debt, at a valuation of about Rs 1,800 crore. The company plans to use the capital to scale its private wealth and global private client businesses.
Gurugram-based wealth management startup Centricity has raised Rs 280 crore in funding led by SMBC Asia Rising Fund. Founder and CEO Manu Awasthy said the round included Rs 230 crore in equity and Rs 50 crore in venture debt, at a valuation of about Rs 1,800 crore. The company plans to use the capital to scale its private wealth and global private client businesses.
Centricity has raised approximately $30 million, or Rs 280 crore, in a Series A round led by SMBC Asia Rising Fund, with existing investors also participating. The company plans to expand in India and international markets through its GIFT City and DIFC offerings, while investing in technology, distribution and private wealth and NRI businesses. It manages more than Rs 15,000 crore in assets and expects over Rs 150 crore in FY27 revenue.
Centricity has raised Rs 280 crore in a Series A round led by SMBC Asia Rising Fund and plans to use the capital for hiring, technology, distribution and expansion of its wealth and NRI businesses. The company intends to add more than 50 private bankers and expand through GIFT City and DIFC-based offerings. Founded in 2022, Centricity previously raised $4 million in 2022 and $18 million in 2024.
Centricity, described as a technology-first wealth management firm, has raised Rs 280 crore in equity and venture financing in a Series A round led by SMBC Asia Rising Fund, according to an official statement. Existing investors also participated. The company plans to strengthen its technology stack, expand its B2B2C distribution platform, grow private wealth and NRI businesses, and increase its presence in domestic and international markets through GIFT City and DIFC offerings.
Centricity, described as a technology-first wealth management firm, has raised Rs 280 crore in equity and venture financing in a Series A round led by SMBC Asia Rising Fund, according to an official statement. Existing investors also participated. The company plans to strengthen its technology stack, expand its B2B2C distribution platform, grow private wealth and NRI businesses, and increase its presence in domestic and international markets through GIFT City and DIFC offerings.