Archive · 23 Dec 2025
PowerUp Money Raises $12M for Mutual Fund Advisory
PowerUp Money is a company that helps people invest in mutual funds.
They just got $12 million from investors to grow their business.
This money will help them give better advice to more people.
They have a special service called PowerUp Elite where people can pay a small fee to get personalized help with their investments.
So far, they have helped over 500,000 people and are tracking a lot of money in investments.
They want to help 10 million people in the next few years.
PowerUp Money raised $12 million in Series A funding led by Peak XV, with existing investors also participating.
The company aims to scale its mutual fund advisory services across India, addressing the gap in credible long-term investment advice.
PowerUp Money is a SEBI-registered RIA, offering free portfolio reviews and a paid subscription service, PowerUp Elite, for personalized advisory.
The platform has onboarded over 5 lakh users and is tracking more than ₹65,000 crore in assets.
With the new funding, PowerUp Money plans to enhance its research and advisory teams, scale PowerUp Elite, and launch PowerUp Infinite, a fully managed advisory service.
- Who
- PowerUp Money, a Bengaluru-based wealthtech platform
- What
- Raised $12 million in Series A funding to scale mutual fund advisory services
- When
- Recently, following a $7.2 million seed round six months prior
- Where
- India
- Why
- To expand access to high-quality, unbiased mutual fund advisory and bridge the gap in credible long-term investment advice
- Funding Amount
- $12 million
- Lead Investor
- Peak XV
- Existing Investors
- Accel, Blume Ventures, Kae Capital
- Seed Funding
- $7.2 million (6 months prior)
- Founder
- Prateek Jindal
- Users Onboarded
- Over 5 lakh users
- Assets Tracked
- ₹65,000 crore
- PowerUp Elite Fee
- ₹999 annually
- PowerUp Elite Members
- Over 25,000
- Future Goal
- 10 million users in 3 years
