Gurugram-based wealth management startup Centricity raised Rs 280 crore in a round led by SMBC Asia Rising Fund, as the company looks to scale its private wealth and global private client businesses.The round comprised Rs 230 crore in equity and Rs 50 crore in venture debt, founder and chief executive Manu Awasthy told ET.
The funds were raised at a valuation of around Rs 1,800 crore, he said.SMBC was the only new institutional investor in the
Gurugram-based wealth management startup Centricity raised Rs 280 crore in a round led by SMBC Asia Rising Fund, as the company looks to scale its private wealth and global private client businesses.The round comprised Rs 230 crore in equity and Rs 50 crore in venture debt, founder and chief executive Manu Awasthy told ET. The funds were raised at a valuation of around Rs 1,800 crore, he said.SMBC was the only new institutional investor in the
