Wealthtech startup Zomint has raised ₹36 crore (approximately $3.7 million) in a seed round led by Lightspeed and Prime Venture Partners to scale its AI-powered wealth management platform for India’s working professionals and families.
- Seed round raised ₹36 crore from new investors.
- Platform blends AI tools with human wealth experts.
- Client retention is high at 97%, with organic growth.
What happened
Zomint, an Indian wealth management startup founded in 2025 by Aman Mittal and Shavir Bansal, has successfully closed a ₹36 crore seed funding round. Major investors Lightspeed and Prime Venture Partners contributed to this $3.7 million injection aimed at accelerating the platform’s growth. The company focuses on helping working professionals and families build long-term wealth through customized advisory supported by AI-driven investment research.
The investment will be used to enhance Zomint’s technology infrastructure and expand its team of wealth and investment experts. Additionally, the startup intends to broaden its content-led user engagement by offering more formats and regional language options. This latest funding positions Zomint to go beyond its current mutual fund offerings and develop a wider range of financial solutions.
Why it matters
Zomint’s approach targets a segment often underserved by conventional wealth management services, enabling clients to start investments with relatively accessible minimums such as ₹25,000 monthly SIPs or lump sums of ₹5 lakh. This expands wealth management beyond the typical high-net-worth individuals to a broader, emerging middle-class clientele who seek personalized advice combined with technology.
The platform’s ability to maintain a 97% client retention rate with zero paid acquisition highlights its strong organic growth, partly driven by the founders' previous ventures with significant subscriber bases. Its AI-backed dashboard and dedicated relationship managers streamline investment tracking and portfolio reviews, enhancing user trust and engagement in a competitive wealthtech market.
What to watch next
Moving forward, Zomint’s success will depend on its capacity to diversify its product offerings beyond mutual funds to include a broader suite of investment and financial planning tools tailored to evolving client needs. Expanding regional language content and formats will also be key to reaching more users across India’s varied linguistic landscape.
The company will also face competitive pressures from other Indian wealthtech players such as Centricity, Novelty Wealth, Tijori, and the IPO-aspiring StockGro, which have recently attracted significant investments themselves. Monitoring how Zomint leverages its AI capabilities and expert network to scale sustainably while maintaining high customer satisfaction will be critical for its growth trajectory.