Nexedge Capital raises $20m to expand digital wealth and family-office services
The first funding round will grow its adviser network, launch lending and broaden access to wealth services across India.
Wealth management with a broader operating toolkit
Nexedge Capital combines wealth-management technology with multi-family-office services for ultra-high-net-worth individuals, families, entrepreneurs and institutions. Clients can access investment oversight and alternative opportunities alongside estate planning, business expansion and global-mobility support.
The company’s first $20 million funding round will expand its digital platform and senior relationship-manager network, establish an offshore advisory framework for non-resident Indians, launch an internal lending business and reach more tier-two and tier-three Indian cities. Nexedge reports $3 billion in assets under management for 1,300 clients, a base it plans to serve through a wider digital and advisory footprint.
Use of funds
Expand digital wealth management platform and senior relationship manager network
Establish NRI offshore advisory framework
Launch internal NBFC lending business
Expand across tier-2 and tier-3 Indian cities