Archive · 20 Aug 2025
Centricity Plans to Double AUM, Hires Private Bankers
Centricity, a wealth management company, wants to help more wealthy people manage their money.
They plan to double the total amount of money they manage (AUM) by early 2026.
To do this, they've hired 30 experienced bankers to work with very rich clients.
Currently, they manage ₹10,000 crore, aiming to reach ₹18,000-20,000 crore by the end of the year.
These new bankers will use a special platform called 'INVICTUS' to serve their clients.
Centricity aims to double its AUM to ₹20,000 crore by March 2026.
The company hired 30 senior private bankers to cater to HNIs and Ultra HNIs.
AUM reached ₹10,000 crore last month.
The company hopes to increase AUM to ₹18,000-20,000 crore by the fiscal year's end.
The new bankers will operate under the 'INVICTUS' platform.
- Who
- Centricity WealthTech.
- What
- Centricity aims to double its AUM and hired 30 senior private bankers.
- When
- By March 2026, with hiring announced on August 20, 2025.
- Where
- India, focusing on top 70 cities.
- Why
- To cater to the needs of HNIs and Ultra HNIs and to expand wealth management services.
- AUM (Current)
- ₹10,000 crore
- Target AUM (FY26)
- ₹20,000 crore
- Hired
- 30 senior private bankers
- Focus
- HNIs and Ultra HNIs
- Platform
- 'INVICTUS'
- Cities
- Top 70 cities
