Veriqus Group
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Founders
About
Veriqus Group is a Mumbai-based wealthtech firm that provides technology and wealth management solutions for financial advisors and high-net-worth clients across India 1 2. The company was co-founded by Ashish Gumashta, formerly chairman and CEO of Julius Baer India, and Roshi Jain, formerly a senior fund manager at HDFC Asset Management 2 3. Veriqus currently partners with more than 500 wealth creators who collectively manage assets exceeding ₹1.2 lakh crore 1 2. Its integrated platform combines wealth management, asset management, business advisory, and lending services 3.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-07-21 | Growth | ₹387 crore (~$40M) | Norwest Venture Partners | Family offices & UHNIs 1 2 3 |
What Investors Say
“India’s wealth management industry is at an inflection point, driven by rapid wealth creation beyond the major metros, increasing financialization of savings, and growing demand for holistic, high-quality advice.” — Nikhil Kookada, Principal, Norwest Venture Partners 3
What Founders Say
“Veriqus intends to build a strong presence across Tier II and other high-growth cities, bringing institutional-quality advice and sophisticated investment solutions closer to entrepreneurs, business owners and multi-generational families.” — Ashish Gumashta, Co-Founder 3
Sources
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Entrackr, “Wealthtech platform Veriqus raises Rs 387 Cr in funding round led by Norwest,” July 20, 2026. Accessed July 2026. https://entrackr.com/news/wealthtech-platform-veriqus-raises-rs-387-cr-in-funding-round-led-by-norwest-1218257↩↩↩
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Indian Startup News, “Mumbai-based Veriqus Group raises Rs 387 crore in funding led by Norwest Venture Partners,” July 21, 2026. Accessed July 2026. https://indianstartupnews.com/funding/mumbai-based-veriqus-group-raises-rs-387-crore-in-funding-led-by-norwest-venture-partners-12185127↩↩↩↩
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Private Banker International, “Wealthtech Veriqus secures over $40m in funding,” July 21, 2026. Accessed July 2026. https://www.privatebankerinternational.com/news/veriqus-secures-funding/↩↩↩↩↩