Argus Partners advises Accel, Blume Ventures and Kae Capital on their investment in PowerUp Money
We are pleased to announce that Argus Partners has advised Accel, Blume Ventures and Kae Capital on their investment in Bengaluru-based wealthtech startup, PowerUp Money, as part of its USD 7.2 million Series Seed and USD 12 million Series A funding round.
The Series A round was led by PeakXV Ventures and also saw participation from existing investors 8i Ventures and DevC, alongside Accel, Blume Ventures and Kae Capital. The transaction marks a key growth milestone for PowerUp Money as it continues to scale its technology-driven wealth management platform in India’s rapidly expanding fintech ecosystem.
PowerUp Money intends to utilise the fresh capital to strengthen its research and advisory capabilities, expand its subscription offering, PowerUp Elite, and launch a fully managed advisory product, PowerUp Infinite. The company also plans to invest in investor education and financial literacy initiatives to broaden access to informed wealth creation tools across India.
The team at Argus Partners advising Accel, Blume Ventures and Kae Capital consisted of Ashwin Krishnan (Partner), Siddharth Malakar (Senior Associate) and Rashika Wadhawan (Associate).
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