Complete Circle Capital’s wealth management arm has raised $3 million in its first funding round from investors led by Rajeev and Arjun Juneja from Mankind Pharma Promoter Family Office, along with participation from Narinder Bajaj, the Director and Chairman of Mitutoyo South Asia.
The funds raised will be used to accelerate growth and expansion plans. Additionally, it aims to introduce AI-driven technology to assist investors and clients.
These funds will help the wealth division achieve its fintech ambitions and also upscale its proprietary AI-based model, Complete AQi. The platform aims to enhance the investing experience in mutual funds and other products.
The funds raised will also be used to expand the firm’s geographic reach from eight locations to 25 across India.
“We are excited to partner with Complete Circle in this journey. The investment landscape in India is evolving with a wider participation from younger investors. It requires us to reimagine wealth management to become more inclusive, yet simple,” Rajeev Juneja of Mankind Pharma said.
Founded in 2015 by Gurmeet Chadha and Kshitiz Mahajan, Complete Circle Capital is a financial and wealth management firm that manages assets worth over ₹4,000 crore.
