Mutual funds focused PowerUp Money raises $7-M from Accel, Blume, others

Bengaluru-based wealth-tech startup PowerUp Money has raised USD 7.1 million in its first institutional funding round, led by early-stage investors Accel India, Blume Ventures, and Kae Capital. The round also saw participation from 8i Ventures and DeVC India.Founded in April 2025 by Prateek Jindal, the startup - which is a spin out from Uni Cards (also backed by Accel India) - offers direct mutual fund investments to retail investors. The new funds will be used for strengthening the research vertical, building new products, and scaling up customer acquisition.