Wealth management platform Wealthy raises $7.5 M funding led by Alpha Wave

Bengaluru-based wealth management platform Wealthy has raised USD 7.5 million in a funding round led by Alpha Wave Incubation (AWI). Savrola Group came in as a new investor while existing backers Venture Highway, Good Capital and Emphasis Ventures also participated in the round.Founded by Aditya Agarwal and Prashant Gupta, Wealthy offers investment management and tracking tools to retail investors. It also provides advisory and access to wealth management professionals from its marketplace. Wealthy will use the funds to penetrate deeper into the Indian market and expand globally, including in the Middle East.