Dezerv raises $21 million in Series A funding

8 Aug 2022 , 02:43 PM

Dezerv is a wealth management platform that provides expert-led investing open to professionals with an investment amount starting at Rs50,000. It was founded in 2021 by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor.

Dezerv, said on August 8 that it has secured $21 million in Series A funding from Accel, with participation from previous investors Matrix Partners India and Elevation Capital.

The fintech business intends to utilise the funds raised to better user experience, roll out new investment opportunities, and hire for a variety of positions, according to a statement.

“This fundraising effort is another step in our mission to provide working professionals in India with actual investment expertise. In the current uncertain environment, there has never been a greater demand for improved investment outcomes, according to Sandeep Jethwani.