Archive · 11 Jun 2025
PowerUp Money Secures $7.1M Seed Funding to Boost Wealthtech Platform
PowerUp Money, a platform helping people invest, just got $7.1 million from investors.
This money will help them make their platform better, including improving the way it suggests investments and expanding the help they offer.
They have a popular product called Power Mutual Funds, which helps people manage their investments, and they are looking to grow their user base to 10 million in the next few years.
PowerUp Money, a wealthtech platform, secured $7.1 million in seed funding.
Accel, Blume Ventures, and Kae Capital co-led the funding round.
The funding will be used for product development, enhancing investment intelligence, and scaling advisory services.
The platform's flagship product, Power Mutual Funds, manages over ₹3,000 crore in assets.
PowerUp Money aims to onboard 10 million users within the next three years.
- Who
- PowerUp Money, a wealthtech platform.
- What
- Raised $7.1 million in seed funding.
- When
- Recently, as of June 11, 2025.
- Where
- N/A
- Why
- To strengthen product development, enhance the investment intelligence engine, and scale the advisory offerings.
- Funding Amount
- $7.1 million
- Lead Investors
- Accel, Blume Ventures, Kae Capital
- Launched
- April
- Flagship Product
- Power Mutual Funds
- Assets Tracked by Power Mutual Funds
- ₹3,000 crore
- Target Users (within 3 years)
- 10 million
