PowerUp Money Raises $10 Million Led by Flourish Ventures
Flourish Ventures led the round, with existing investors Peak XV Partners and Accel also taking part.
Key Takeaways
- PowerUp Money raised $10 million, about Rs 95 crore.
- Flourish Ventures led the round.
- Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC took part.
- The company says more than 15 lakh customers track mutual funds on its platform.
- The company said it plans to build an AI-powered wealth manager.
Table of Contents 7 sections
PowerUp Money, a Bengaluru-based wealthtech startup, has raised $10 million (about Rs 95 crore) in a round led by Flourish Ventures. The news was reported on 3 November 2026.
Its existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC also took part in the round.
PowerUp Money funding at a glance
| Detail | PowerUp Money |
|---|---|
| Amount | $10 million (about Rs 95 crore) |
| Lead investor | Flourish Ventures |
| Other investors | Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures, DeVC |
| Sector | Wealthtech |
| City | Bengaluru |
What PowerUp Money does
PowerUp Money helps people track and manage their mutual fund portfolios. Its subscription service, PowerUp Elite, offers mutual fund advice and has more than 1 lakh paid members.
The company also runs Infinite, a managed wealth service. It has reached nearly Rs 500 crore in assets under management within about nine months of launch.
PowerUp Money's rounds and reach so far
| When | Milestone |
|---|---|
| December 2025 | Raised a $12 million Series A led by Peak XV Partners |
| November 2026 | Raised $10 million led by Flourish Ventures |
The company says more than 15 lakh customers track mutual fund portfolios worth about Rs 2.5 lakh crore on its platform. Founder and CEO Prateek Jindal also co-founded the credit card fintech Uni Cards.
What the new money will build
The company said it plans to build an AI-powered wealth manager for Indian investors.
Where PowerUp Money stands after the new round
PowerUp Money raised $12 million in December 2025 and $10 million in this round. It serves more than 15 lakh customers who track mutual fund portfolios on its platform, and it offers a digital wealth advisory service called Elite Prime, which the company has said includes an AI wealth coach.
More funding news
Frequently Asked Questions
How much did PowerUp Money raise?
Who led PowerUp Money's funding round?
What does PowerUp Money do?
Who founded PowerUp Money?
How will PowerUp Money use the funding?
Which existing investors took part in the PowerUp Money round?
Where is PowerUp Money based?
How many customers does PowerUp Money have?
How many paid members does PowerUp Elite have?
How big is PowerUp Money's Infinite service?
How much did PowerUp Money raise in its earlier round?
How much mutual fund wealth is tracked on PowerUp Money?
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