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Wealthtech startup Centricity raises $20 million in round led by Lightspeed India Partners

Economic TimesEconomic Times · 2m
Wealthtech startup Centricity raises $20 million in round led by Lightspeed India Partners

Gurugram-based wealthtech startup Centricity has raised $20 million in seed funding, led by Lightspeed India Partners. The company, now valued at $125 million, plans to use the funds to scale its platforms, invest in technology and talent, expand private banking services, and pursue strategic acquisitions. Centricity provides a financial services platform for independent financial advisors, external asset managers, and single-family offices to manage investment portfolios. The company also offers digital transactional capabilities and aims to build India's largest financial distribution company. Centricity currently has over 4,500 financial distributors and manages assets worth Rs 4,500 crore with 92 UHNI families.

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