PowerUp Money raises $12 million Series A led by Peak XV Partners
The financing supports investment research, advisory tools and a broader product offering for Indian mutual fund investors.
PowerUp Money announced a $12 million Series A on December 24, 2025, led by Peak XV Partners. Existing backers Accel, Blume Ventures, Kae Capital, 8i Ventures and Z47's DeVC also supported the round.
The company said the capital would strengthen its investment research and advisory capabilities and expand PowerUp Elite. Its plans for 2026 included personalised advisory through PowerUp Infinite and the ability to buy and sell mutual funds directly in the app. At the time of the announcement, PowerUp reported 500,000 active users and more than 25,000 Elite members.
Use of funds
Strengthen investment research and advisory capabilities
Expand Elite and launch personalised advisory and fund transactions