Wealthtech startup Dezerv raised $21 million in Series A led by Accel where existing investors Matrix Partners India and Elevation Capital also participated.
Dezerv began as an invite-only platform, allowing only a small number of users access. It has recently, however, democratised access to all users. Dezerv intends to use the funds to improve its user experience, introduce new investment opportunities, and expand its talent pool. Dezerv provides non-traditional investment opportunities such as customised multi-asset long-term portfolios, global investments, alternative assets, and pre-IPO transactions. It also stated that it has obtained AIF and PMS licences and intends to expand its product offerings to users.
