KEY HIGHLIGHTS

• Nexedge Capital secures $20M in maiden funding round
• Led by Mirae Asset Venture Investment and Elev8 Venture Partners
• Plans to expand technology platform and senior banker network
• Aims to grow presence in Tier II and III cities
• Focus on developing offerings for NRIs and NBFC business

Introduction

In a significant milestone for wealth management in India, Nexedge Capital, a New Delhi-based firm, has secured $20 million in its maiden funding round. This round was led by prominent investors Mirae Asset Venture Investment and Elev8 Venture Partners. The capital infusion will be strategically used to enhance Nexedge's technology infrastructure, expand its network of senior bankers, and extend its footprint across India, including in Tier II and III cities.

About Nexedge Capital

Founded in February 2025 by Anirudha Taparia, Nexedge Capital offers comprehensive wealth management services including portfolio management, estate planning, business expansion, and global mobility. Taparia, the Founder & CEO, brings a wealth of experience from his previous role as co-founder and joint CEO of 360 ONE Wealth.

Funding Details

The $20 million funding round marks a pivotal moment for Nexedge Capital. The capital will be used to:

• Strengthen its technology platform
• Expand its network of senior bankers
• Grow its presence across India, including Tier II and III cities
• Develop complementary offerings such as dedicated propositions for NRIs and an NBFC business

Future Plans

Nexedge Capital plans to leverage the funding to scale its operations and introduce new services. The firm aims to onboard additional senior bankers, with plans to bring on board 50-60 more in 2026. Additionally, Nexedge is focused on creating specialized offerings for Non-Resident Indians (NRIs) and establishing an NBFC (Non-Banking Financial Company) business.

Investor Insights

The confidence shown by investors like Mirae Asset Venture Investment and Elev8 Venture Partners underscores the potential of Nexedge Capital. Puneet Kumar, CEO of Mirae Asset Venture Investment, highlighted the firm's ownership model, noting that over 150 senior leaders have invested their own capital to become owners, not just employees. Navin Honagudi, Managing Partner at Elev8 Venture Partners, emphasized the firm's structural clarity and the depth of its founding team.

Nexedge's Growth

Since its inception, Nexedge Capital has rapidly scaled to manage $3 billion in assets under management (AUM) across more than 1,300 clients. The firm has onboarded more than 95 senior bankers, with another 50-60 expected to join in 2026. This growth trajectory reflects the firm's commitment to providing comprehensive wealth management solutions tailored to the specific goals of each family.

FAQ

**Q: Who led the funding round for Nexedge Capital? A: The funding round was led by Mirae Asset Venture Investment and Elev8 Venture Partners.

**Q: What services does Nexedge Capital offer? A: Nexedge Capital offers services spanning portfolio management, estate planning, business expansion, and global mobility.

**Q: How has Nexedge Capital grown since its inception? A: Nexedge Capital has scaled to manage $3 billion in assets under management (AUM) across more than 1,300 clients and onboarded over 95 senior bankers.

Conclusion

Nexedge Capital's $20 million funding round, led by Mirae Asset Venture Investment and Elev8 Venture Partners, marks a significant step in its journey to become India's first true net-worth management firm. With strategic plans to expand its technology platform, senior banker network, and presence across India, Nexedge is well-positioned to offer comprehensive wealth management solutions to its clients.

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