Wint Wealth Raises ₹250 Crore in Series B Round Led by Vertex Ventures
BENGALURU – Investment platform Wint Wealth has successfully closed its Series B funding round, raising ₹250 crore (approximately $27.7 million). The round was led by Vertex Ventures Southeast Asia & India, with strong participation from existing backers including 3one4 Capital, Eight Roads Ventures, Arkam Ventures, and Zerodha’s investment arm, Rainmatter.
The fresh capital infusion is set to accelerate the company’s mission of making corporate bonds a mainstream asset class for Indian retail investors.
Expanding the Retail Bond Ecosystem
Wint Wealth, which operates as a SEBI-registered Online Bond Platform Provider (OBPP), plans to use the funds to significantly broaden its product suite. A major portion of the capital will be allocated to:
Strengthening the NBFC Arm: Capitalizing its subsidiary, Wint Capital, which currently manages assets under management (AUM) of approximately ₹200 crore.
Scaling Technology: Enhancing the digital infrastructure to handle a growing surge in retail participation.
Investor Education: Launching nationwide initiatives to demystify fixed-income products and credit risks for individual investors.
Record Growth and Market Leadership
The funding comes at a time when Wint Wealth has seen a massive uptick in adoption. Since its inception in 2020 by Ajinkya Kulkarni, Abhik Patel, Shashank Chimaladari, and Anshul Gupta, the platform has:
Facilitated over ₹8,000 crore in total investments.
Onboarded more than 300,000 retail investors.
Recorded nine consecutive months of growth in new sign-ups, buoyed by clearer regulatory frameworks introduced by SEBI.
"For decades, fixed income has been at the heart of Indian investing," said Ajinkya Kulkarni, Co-founder and CEO of Wint Wealth. "This funding gives us the resources to bring corporate bonds to the center of every retail portfolio, offering a transparent and regulated alternative to traditional FDs and volatile equities."
The Wealthtech Landscape
This deal highlights the continued investor confidence in India's "Wealthtech" sector. With companies like Dezerv and Stable Money also raising significant rounds recently, the market is shifting toward sophisticated, diversified tools that provide predictable returns of 9-12%—a segment where Wint Wealth has established a dominant lead.
Piyush Kharbanda, General Partner at Vertex Ventures SEA & India, noted that Wint Wealth’s focus on regulatory discipline and investor education positions it as a key player in the next evolution of India’s capital markets.