Archive · 2 Jul 2025
Centricity Aims for Rs 20,000-Crore Distribution Volume
Centricity, a company that helps people manage their money, wants to get a lot bigger.
They want to distribute Rs 20,000 crore worth of financial products by the end of the year.
They already have a lot of clients and distributors.
They help people invest their money and plan for the future.
The wealth product market in India is huge and growing.
Centricity is also starting to sell insurance and using AI to help with their services.
They also plan to start lending money digitally.
Centricity, a wealth-tech firm, aims for a Rs 20,000 crore distribution volume by the end of the fiscal year.
The firm has onboarded over 10,000 financial product distributors and currently serves 35,000 retail and 150 family office clients.
Centricity plans to onboard 15,000 partners, serve 500 family offices, and cater to over 1,00,000 retail clients.
The wealth product distribution business in India is estimated at $1 trillion to $1.2 trillion as of FY24.
The firm has entered the insurance distribution business, acquired a broking license, and is integrating AI tools.
- Who
- Centricity, a wealth-tech firm.
- What
- Centricity, a wealth-tech firm, aims for a Rs 20,000 crore distribution volume.
- When
- By the end of the fiscal year.
- Where
- India
- Why
- To expand its business in the growing wealth product distribution market.
Current Practices
Future Regulations
Income Structure
Current Practices
Distribution income can reach up to 75-100 bps
Future Regulations
Advisory fees generally start at around 50 basis points
- Distribution Volume Target
- Rs 20,000 crore
- Financial Product Distributors Onboarded
- Over 10,000
- Retail Clients
- 35,000
- Family Office Clients
- 150
- Estimated India Market (FY24)
- $1 trillion - $1.2 trillion
- HNI Business
- 60% of overall business