Wednesday, 11 June, 2025

PowerUp Money Secures $7.1M Seed Round Led by Accel & Blume to Scale Wealthtech Platform

Bengaluru-based PowerUp Money has secured $7.1 million in its first institutional funding round, co-led by Accel, Blume Ventures, and Kae Capital, with participation from 8i Ventures, DeVC, and angels. Spun out of Uni Cards in April, the startup offers direct mutual-fund investments and advisory, currently managing ₹3,000 cr across 25,000+ users. The funds will enhance its research team, expand advisory tools, and scale customer acquisition toward a goal of 10 million users.