In a strategic move to expand its offerings and enhance customer outcomes, wealthtech platform Nivesh has acquired Wealthzi, a wealth management service operated by Lime Internet Private Limited. Nivesh, co-founded by Anurag Garg and Sridhar Srinivasan in 2016, leverages AI-driven technology to serve 60,000 clients across 6,000 Indian pin codes.

Supported by investors like IAN Fund, LetsVenture, and industry leaders Basab Pradhan, Rahul Gupta, and Dipak Gupta, Nivesh is set to strengthen its position in the wealth management space.

Founded in 2020 by PV Sahad and Pradeep Pillai, Wealthzi has established a strong reputation in managing over Rs. 500 crore in assets across various investment vehicles, including mutual funds, PMS, AIFs, and bonds, catering to HNIs, UHNIs, and family offices. With its recent SEBI-registered RIA license, Wealthzi is now equipped to provide advisory services alongside its wealth management offerings.

The acquisition will enable Wealthzi to integrate Nivesh’s technology platform, enhancing user experience and accelerating business growth.

The collaboration is expected to create valuable synergies in product offerings, research, and operations. Together, the merged entity now holds Rs. 2,500 crore in assets under management (AUM) and is aiming to scale up to Rs. 10,000 crore within the next three years. Wealthzi believes this partnership will create a robust wealth management alliance to meet the needs of India’s rapidly expanding investor base.