# Wealthtech Centricity Raises Rs 280 Crore Led by SMBC Fund

2026-08-13T10:04:18+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Wealthtech startup Centricity has raised Rs 280 crore in a Series A funding round led by SMBC Asia Rising Fund. The round included Rs 230 crore in equity and Rs 50 crore in venture debt, valuing the company at around Rs 1,800 crore. Existing investors Lightspeed India Partners, Burman Family Office, Stride Ventures, and others also participated. Gurugram-based Centricity, founded in 2022, manages over Rs 15,000 crore in assets and serves more than 20,000 partners and 1 lakh investors. It plans to use the funds to expand its B2B2C wealth-distribution platform and grow its NRI Global Private Client business through GIFT City and Dubai. The startup targets revenue over Rs 150 crore in FY27.

## Coverage

- inc42.com <https://inc42.com/buzz/centricity-raises-%E2%82%B9280-cr-to-expand-wealthtech-platform-nri-business/>
- livemint.com <https://www.livemint.com/companies/news/centricity-raises-rs-280-crore-series-a-smbc-wealth-management-11786596239685.html>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:12:39+00:00.

Tags: Centricity, funding, NRI investments, SMBC Asia, startup, wealthtech
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