Wealth administration platform Syfe has raised $80 million in its prolonged Sequence C funding spherical because it doubles down on increasing its engineering and product groups in India, in response to the corporate’s assertion on Thursday, June 5, 2025. The increase features a new $53 million fairness injection (Sequence C2) and builds on the $27 million it secured in August 2024.
The funding spherical, led by two unnamed UK household places of work, additionally noticed participation from present backers together with Valar Ventures and Unbound. The most recent spherical comes regardless of a broader slowdown in enterprise capital exercise in Q1 2025 was reportedly the weakest in over a decade for the Asia-Pacific area.
A considerable share of the capital will go into scaling operations at Syfe’s Gurugram-based tech hub, which has already seen a 15% enhance in headcount for the reason that earlier tranche. The India workforce performs a central function in constructing and managing Syfe’s know-how infrastructure that serves prospects in Singapore, Hong Kong, and Australia.
Based in 2019, Syfe provides automated funding portfolios, money administration instruments, and a brokerage platform. It’s positioning itself to serve the rising “mass prosperous” section—people with just a few hundred thousand to a couple million {dollars} in investable belongings throughout key APAC markets.
Commenting on the corporate’s progress plans, Dhruv Arora, Founder and CEO of Syfe, mentioned the India tech hub is “instrumental in constructing a world providing,” and famous that almost half of adults in Syfe’s core markets fall into the mass prosperous class, which continues to increase quickly.
Syfe claims to handle over $10 billion in belongings. It just lately acquired Australia’s Selfwealth and has made high-profile hires, together with former BlackRock MD Sanjeev Malik and Dane Ricketts, who joins as VP of Advertising and marketing from Seize and P&G.
The corporate claims that over 8% of Singapore’s grownup inhabitants now makes use of the platform. Syfe is betting on increasing its attain by AI and automation.
