Recently, Globevestor’s portfolio company, Wealthy, secured another funding round from Good Capital and EMVC, among others. Wealthy is aiming to disrupt the mid-market wealth management segment in India.
Traditionally, true-blue private wealth management services in India have been limited to the wealthy. However, millions of upwardly mobile clients are under-served. Wealthy aims to change that by building a network of wealth managers and empowering them through technology, in turn increasing the penetration of wealth management services in India.