Dezerv, a startup in the wealthtech sector, raised $21 million in a Series A round-headed by Accel, with participation from previous investors Matrix Partners India and Elevation Capital.
When Dezerv first launched, it was an invite-only platform with very limited user access. However, it recently democratised access to all users. Dezerv plans to use the money to increase its talent pool, offer new investment opportunities, and enhance user experience. Dezerv offers non-conventional investing alternatives, including multi-asset long-term portfolios that are customised, international investments, alternative assets, and pre-IPO purchases. Additionally, it declared that it has AIF and PMS licences and plans to broaden its user-facing product offerings.