Centricity raises ₹280 crore in Series A equity and debt financing
SMBC Asia Rising Fund led the wealth management company’s financing, which includes ₹230 crore in equity and ₹50 crore in venture debt.
Centricity announced ₹280 crore in Series A financing on 13 August 2026, led by SMBC Asia Rising Fund. Founder and CEO Manu Awasthy told The Economic Times that the package comprised ₹230 crore in equity and ₹50 crore in venture debt.
Participants included Lightspeed India Partners, Burman Family Office, RAAY Investments, Kuldeep Rathi Family Office, Stride Ventures and InnoVen Capital. The company plans to improve its technology, expand its One Digital distribution platform and grow its private wealth and non-resident Indian businesses.
Centricity’s software supports portfolio consolidation, reporting and investment monitoring for advisers and their clients. The company also plans to add private bankers as it expands in India and internationally.
Use of funds
Improve the wealth technology platform
Expand One Digital distribution
Grow private wealth and NRI services
Hire domestic and international private bankers