Fintech-News-20Jan2026
Fintech-News-20Jan2026

AssetPlus raised Rs.175 Cr. & IIFL Fintech Fund closes Rs.500 cr. II

AssetPlus raised Rs.175 Cr. in funding from Nexus Venture Partners, Eight Roads and Rainmatter Fund.

AssetPlus continue build and strengthen Assisted Wealth Management for India.  Chennai based firm, co-founded in 2016 by Vishranth Suresh and Awanish Raj, AssetPlus provides a digital platform for Mutual Fund Distributors.

IIFL Fintech Fund has completed fundraising for its second fund

IIFL Group-backed IIFL Fintech Fund has completed fundraising for its second fund, raising ₹500 crore from Indian family offices and high-net-worth individuals.

The fund will invest in early- and growth-stage fintech startups, especially those using generative AI to build financial products. It plans to back 20–25 startups across areas such as lending, payments, compliance, Wealthtech, Insurtech.

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