PE-VC Fund Investments
Wealth mgmt co. Nexedge Capital raises $20-M from Mirae Asset, Elev8
Delhi-based wealth management firm Nexedge Capital has raised USD 20-M in a funding round led by Mirae Asset Venture Investment and Elev8 Venture Partners at a valuation of USD 250-M.Founded in February 2025 by Anirudha Taparia, Sidhartha Shaw, Vijeeta Sharma and Pankaj Walia, Nexedge claims to manage assets exceeding USD 3-B for over 1,300 clients.The firm plans to use the new funds to strengthen its technology platform and expand its senior banker network. Additionally, the company intends to increase its footprint across India, with plans to enter 10 new locations, including tier-2 and tier-3 cities such as Indore, Bhubaneswar, and Raipur, by the end of 2026. The firm also aims to develop new service offerings, including a dedicated NRI (non-resident Indian) proposition and a non-bank lending business.
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