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Wealth management platform Centricity, a digital service for financial advisers and asset managers, has successfully raised $20 million in a seed funding round led by Lightspeed India Partners. The company, which aims to democratize access to financial products, is now valued at $125 million. Other participants in the funding round include Paramark VC and existing investors such as Burman Family Office. According to cofounder and CEO Manu Awasthy, the funds will be used to scale overall operations and build a pioneering wealth management model targeting the underserved wealth market.
Centricity, a digital wealth management service for financial advisers and asset managers, raised a $20M seed led by Lightspeed India at a $125M valuation (The Economic Times) https://t.co/HaKkHxvJqe 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/zJmEH1WAqE
We are excited to partner with @centricitweets as they build a pioneering wealth management model aimed at addressing the country's underserved wealth market by democratizing accessibility to financial products. What’s next for them: 🌐 Scaling overall operations to build… https://t.co/kQwktFblF2
#TechWithMC | Wealth management platform Centricity raises $20 mn in seed round led by Lightspeed 💰📈 Read to know more⤵️ https://t.co/Co9xrOhDtB #Centricity #WealthManagement #Funding