About Neo Wealth
Neo Wealth is a Technology company based in Mumbai (India) founded in 2021 by Srikanth A V. Wealth management, family office services, and investment opportunities are provided. Neo Wealth has raised $224.38 million across 14 funding rounds from investors including Atha Group, VT Capital and Peak XV Partners. The company has 22 employees. Neo Wealth was last valued at $43.42 million in February 2022. Its chief executive, as recorded, is Srikanth A V. Its Indian entity Neo Markets Services Private Limited reported revenue of ₹91.68 Cr. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Financial Planners and Advisors. Its competitors include Groww, Angel One and Upstox; 3 of its 3 listed competitors have raised funding.
Company details
Neo Wealth was established in 2021 in Mumbai, India, within the financial services sector. Wealth management and family office services are delivered, alongside various investment options. Broking and depository participant services are offered, complemented by investment advisory and research support. Mutual funds are distributed, while investments in equities, initial public offerings, and bonds are enabled. Resources and information pertaining to securities market investments are made available to clients.
- Headquarters Mumbai, India
- Employees 22
- Founders Srikanth A V
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website neo-wealth.com
- Legal Name Neo Markets Services Private Limited
- Date of Incorporation 02 Dec, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹91.68 Cr
FY 2025 · +4% YoY
- Net Profit₹7.16 Cr
FY 2025 · 8% margin
- EBITDA₹61.76 Cr
FY 2025 · 67% margin
- Total Equity Funding$224.38M (USD)
in 14 rounds
- Latest Funding Round$55.04M (USD), Series C
Apr 2026
- InvestorsAtha Group
& 27 more
- Employee Count22
Associated legal entities of Neo Wealth
Neo Wealth is associated with 6 registered companies on The Company Check; the primary company is Neo Markets Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neo Markets Services Private Limited CIN U67100MH2021PTC372701 | Active | 02 Dec 2021 | Mumbai, Maharashtra | ₹91.7 Cr | 22 | 3 | View details |
| Neo Asset Management Private Limited CIN U67100MH2021PTC371799 | Active | 18 Nov 2021 | Mumbai, Maharashtra, India | View details | |||
| Neo Wealth Management Private Limited CIN U74140MH2021PTC367572 | Active | 15 Sep 2021 | Mumbai, Maharashtra, India | View details | |||
| Neo Wealth Partners Private Limited CIN U01110MH2016PTC286990 | Active | 20 Oct 2016 | Mumbai, Maharashtra | ₹77.6 Cr | 21 | 4 | View details |
| Neo Wealth Management Private Limited CIN U70200MH2021PTC367572 | Active | 15 Sep 2021 | Mumbai, Maharashtra | ₹94.4 Cr | 136 | 4 | View details |
| Neo Asset Management Private Limited CIN U66300MH2021PTC371799 | Active | 18 Nov 2021 | Mumbai, Maharashtra | ₹77.1 Cr | 32 | 3 | View details |
Funding Insights of Neo Wealth
Neo Wealth has successfully raised a total of $224.38M across 14 strategic funding rounds. The most recent funding activity was a Series C round of $55.04 million completed in April 2026. 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 $224.38M
- Total Rounds 14
- Last Round Series C — $55.04M
- First Round $11.33M
(Oct 2021)
- Investors Count 28
Latest 10 of 14 funding rounds of Neo Wealth with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $55.04M | Series C | – | TVS Capital Funds | |
| Aug 2025 | $44.75M | Series B | – | Biological E, VT Capital | |
| Jun 2025 | $2.26M | Angel Round | – | – | |
| Feb 2025 | $22M | Series A | – | Peak XV Partners, Shahi | |
| Sep 2024 | $10M | Series A | – | – | – |
| Aug 2024 | $5.01M | Series A | – | Peak XV Partners | – |
| Jul 2024 | $16.96M | Series A | – | Atha Group | – |
| Jul 2024 | $9.34M | Series A | – | MUFG | – |
| Jun 2024 | $5.21M | Series A | – | Morde Foods | |
| Oct 2023 | $35.04M | Series A | – | Peak XV Partners |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $43.42M | •••••••• |
| Oct 2021 | $31.72M | •••••••• |
Last known valuation $43.42M (Feb 2022). 28 investors in total: 17 institutional and 11 angel.
Investors in Neo Wealth
Neo Wealth has secured backing from 28 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Atha Group, VT Capital and Peak XV Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| peakxv.com | ||||
| yukti.in | ||||
| sattvaventures.com | ||||
| tvscapital.in | ||||
Mining, renewable energy, and CSR activities in India. | 2006 | athagroup.in | Kolkata, India | |
A proprietary trading firm is operated in financial markets. | 2011 | vtcapital.in | Kolkata, India | |
| sndamani.com | ||||
| shahi.co.in | ||||
| mufg.jp |
Investor details for Neo Wealth
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Neo Markets Services Private Limited (Neo Wealth)
Neo Markets Services Private Limited is the primary company behind Neo Wealth. The boards of the 4 registered companies of Neo Wealth currently have 13 directors; the longest-serving is Kaushik Hirji Karani, appointed in 2021. 39 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kaushik Hirji Karani DIN 02020023 | Director | 02 Dec 2021 | 4 yrs 11 mo | Neo Markets Services Private Limited |
| Vishal Shriprakash Gupta DIN 09422483 | Director | 02 Dec 2021 | 4 yrs 11 mo | Neo Markets Services Private Limited |
| Suresh Chand Goyal DIN 00220575 | Director | 21 Dec 2021 | 4 yrs 10 mo | Neo Asset Management Private Limited |
| Hemant Daga DIN 07783248 | Director | 19 Apr 2022 | 4 yrs 6 mo | Neo Asset Management Private Limited |
| Anupam Agal DIN 07608920 | Director | 25 May 2022 | 4 yrs 5 mo | Neo Wealth Management Private Limited |
| Puneet Jain DIN 09716672 | Whole-time director | 13 Sep 2022 | 4 yrs 1 mo | Neo Asset Management Private Limited |
| Visva Srikanth Ayinavolu DIN 06883744 | Director | 10 Nov 2022 | 4 yrs | Neo Wealth Partners Private Limited |
| Pawan Kumar DIN 10708937 | Director | 30 Jul 2024 | 2 yrs 3 mo | Neo Wealth Management Private Limited |
| Chandramouli Raghavendra Prabhu DIN 11281445 | Additional Director | 08 Sep 2025 | 1 yr 2 mo | Neo Wealth Management Private Limited |
| Shantanu Bhargava DIN 11382540 | Additional Director | 05 Jan 2026 | 10 mo | Neo Wealth Partners Private Limited |
| Anindita Bhowmik DIN 11383472 | Additional Director | 05 Jan 2026 | 10 mo | Neo Wealth Partners Private Limited |
| Deepak Gandhi DIN 11178866 | Additional Director | 27 Jan 2026 | 9 mo | Neo Markets Services Private Limited |
| Nikhir Nemchand Jain DIN 11488686 | Additional Director | 27 Feb 2026 | 8 mo | Neo Wealth Partners Private Limited |
People of Neo Wealth
1 people are tracked at Neo Wealth (1 in leadership); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
Srikanth A V | Co-Founder & CEO | Leadership |
Complete people profiles for Neo Wealth
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Financials of Neo Wealth
Figures of Neo Markets Services Private Limited, the primary company behind Neo Wealth, for FY 2025. Revenue was ₹91.68 Cr (+4% year on year). Net profit was ₹7.16 Cr (8% margin). EBITDA was ₹61.76 Cr (67% margin). Revenue has grown at a compounded annual rate of +365% over three years.
- ₹91.68 CrRevenue · FY 2025 · +4% YoY
- ₹7.16 CrNet profit · 8% margin
- ₹61.76 CrEBITDA · 67% margin
- ₹1 LakhPaid-up capital
- 22Employees (provident fund records)
- +365%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Neo Markets Services Private Limited are on its company page.
Detailed financial statements for Neo Wealth
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Neo Wealth
4 dated milestones of Neo Wealth across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Neo Wealth is founded.
- Funding First funding round of $11.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $55.0M.
Competitors of Neo Wealth
Neo Wealth has 3 listed competitors in our database, 3 of them funded. They include Groww, Angel One and Upstox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groww.in | 2016 | Bengaluru, India | $595.76M | 933 | An online platform for investments and trading services is offered. | |
| angelone.in | 1996 | Mumbai, India | $38.41M | 2,974 | App-based brokerage stock trading platform | |
| upstox.com | 2009 | Mumbai, India | $219.86M | 582 | Tech-driven trading platform is offered for low-cost brokerage services. |
Detailed competitors of Neo Wealth
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Neo Wealth
The website of Neo Wealth (neo-wealth.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 40.1% vs previous month
Websites whose visitors overlap most with Neo Wealth. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| neoassetmanagement.com | 100% | 13.3K | #2,156,105 | View details | |
| neo-group.in | 96% | 9.9K | #2,080,722 | View details | |
| neowealth.in | 74% | 2.6K | #6,306,401 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Neo Wealth (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Neo Wealth
Complete news archive for Neo Wealth
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Articles about Neo Wealth on our blog
Frequently Asked Questions about Neo Wealth
Neo Wealth was founded in 2021.
Neo Wealth is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Srikanth A V is the CEO of Neo Wealth, as recorded in our data. They have also founded this company.
Neo Wealth is a funded company, having raised a total of $224.38M across 14 funding rounds to date. The company's 1st funding round was a Series A of $35.04M, raised on Oct 2021.
Neo Wealth has 22 employees.
The primary company behind Neo Wealth, Neo Markets Services Private Limited, reported revenue of ₹91.68 Cr for FY 2025, up 4% year on year.
Neo Wealth was established in 2021 in Mumbai, India, within the financial services sector. Wealth management and family office services are delivered, alongside various investment options. Broking and depository participant services are offered, complemented by investment advisory and research support. Mutual funds are distributed, while investments in equities, initial public offerings, and bonds are enabled. Resources and information pertaining to securities market investments are made available to clients.
Neo Wealth has 28 investors. Key investors include Atha Group, VT Capital, Peak XV Partners, S N Damani Infra, and Shahi.
The valuation of Neo Wealth is $43.42M as of Feb 2022.
Neo Wealth is associated with 4 legal entities: Neo Markets Services Private Limited, Neo Wealth Management Private Limited, Neo Asset Management Private Limited and others.
The legal entities of Neo Wealth currently have 14 directors, including Varun Bajpai, Anupam Agal, Pawan Kumar and others.