PowerUp Money, a Bengaluru-based wealthtech startup, has raised US$10 million in a funding round led by Flourish Ventures, the company said in a press release.

Existing investors Peak XV Partners, Accel, Blume Ventures, Kae Capital, 8i Ventures, and DeVC also joined the round.

Founded in 2025, PowerUp said more than 1.5 million users track over 250,000 rupees (US$2,600) crore in mutual fund portfolios on its platform.

The company offers Elite, a mutual fund advisory subscription; Elite Prime, an AI-enabled digital wealth advisory product; and Infinite, a managed wealth advisory service.

PowerUp said it will use the capital to build its AI wealth management platform and expand Infinite.

In a recent post, PowerUp said users can review mutual fund portfolios with a Securities and Exchange Board of India-registered investment adviser, although the available material does not specify whether the registration is held by PowerUp or a partner.

The Association of Mutual Funds in India tracks folios and other mutual fund industry statistics in its monthly data.

🔗 Source: PowerUp Money