About Neo Group
Neo Group is a company based in Mumbai (India) founded in 2021 by Nitin Jain. It operates as a Professional Services, and FinTech. Neo Group has raised $155.57 million across 6 funding rounds from investors including Peak XV Partners, MUFG Bank and Atha Group. The company has 184 employees as of January 31, 2025. Neo Group offers products and services including Wealth Management, Asset Management, and NeoFinity. Neo Group operates in a competitive market with competitors including Fidelity Investments, S&P Global, UTI Mutual Fund, Bank of America and State Street, among others.
- Headquarter Mumbai, India
- Employees 184 as on 31 Jan, 2025
- Founders Nitin Jain
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Neo Wealth & Asset Management
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Annual Revenue
$5.41 M (USD)248as on Mar 31, 2024
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Net Profit
$43.51 K (USD)0as on Mar 31, 2024
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EBITDA
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Total Equity Funding
$155.57 M (USD)
in 6 rounds
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Latest Funding Round
$25 M (USD), Series B
Nov 25, 2025
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Investors
Peak XV Partners
& 15 more
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Employee Count
184
as on Jan 31, 2025
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Products & Services of Neo Group
Neo Group offers a comprehensive portfolio of products and services, including Wealth Management, Asset Management, and NeoFinity. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Specialized solutions are provided for global sophisticated clients.
Sustainable bespoke solutions are offered in private markets.
Fintech solutions are developed for payment processing needs.
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Funding Insights of Neo Group
Neo Group has successfully raised a total of $155.57M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $25.0M
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First Round
First Round
(15 Dec 2021)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series B - Neo Group | Valuation | Atha Group | |
| Aug, 2025 | Amount | Series B - Neo Group | Valuation | VT Capital | |
| Feb, 2025 | Amount | Series B - Neo Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neo Group
Neo Group has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Peak XV Partners, MUFG Bank and Atha Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this single-family office.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Neo Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Neo Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neo Group Comparisons
Competitors of Neo Group
Neo Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, S&P Global, UTI Mutual Fund, Bank of America and State Street, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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| domain | founded_year | HQ Location |
Platform offering business intelligence solutions that combine data and actionable analytics for clients
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| domain | founded_year | HQ Location |
Mutual funds, portfolio management, and retirement planning services are offered.
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| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
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| domain | founded_year | HQ Location |
Financial services are provided to asset managers worldwide.
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| domain | founded_year | HQ Location |
Asset and wealth management software is provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Neo Group
Frequently Asked Questions about Neo Group
When was Neo Group founded?
Neo Group was founded in 2021.
Where is Neo Group located?
Neo Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Neo Group a funded company?
Neo Group is a funded company, having raised a total of $155.57M across 6 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Dec 15, 2021.
How many employees does Neo Group have?
As of Jan 31, 2025, the latest employee count at Neo Group is 184.
What is the annual revenue of Neo Group?
Annual revenue of Neo Group is $5.41M as on Mar 31, 2024.
What does Neo Group do?
Neo Group is involved in providing wealth and asset management services across India. Specialized, intergenerational, and bespoke solutions are offered to sophisticated global clients, including family offices, private wealth clients, institutions, and corporates. Sustainable bespoke solutions are provided in private markets, covering credit, equities, and real assets. Additionally, fintech and payment solutions are developed through its arm, NeoFinity, to cater to modern financial needs.
Who are the top competitors of Neo Group?
Neo Group's top competitors include Fidelity Investments, UTI Mutual Fund and Goldman Sachs.
What products or services does Neo Group offer?
Neo Group offers Wealth Management, Asset Management, and NeoFinity.
Who are Neo Group's investors?
Neo Group has 16 investors. Key investors include Peak XV Partners, MUFG Bank, Atha Group, Goyal Group, and Morde Foods.
What is Neo Group's valuation?
The valuation of Neo Group is $11.9M as of Dec 2021.
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