{"id":55130,"date":"2026-03-06T16:58:05","date_gmt":"2026-03-06T16:58:05","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=55130"},"modified":"2026-03-06T16:58:05","modified_gmt":"2026-03-06T16:58:05","slug":"argus-partners-advises-accel-blume-ventures-and-kae-capital-on-their-investment-in-powerup-money","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/argus-partners-advises-accel-blume-ventures-and-kae-capital-on-their-investment-in-powerup-money\/","title":{"rendered":"Argus Partners Advises Accel, Blume Ventures and Kae Capital on their investment in PowerUp Money"},"content":{"rendered":"<p><strong>We are pleased to announce that Argus Partners has advised Accel, Blume Ventures and Kae Capital\u00a0on their investment in Bengaluru-based wealthtech startup, PowerUp Money, as part of its USD 7.2 million Series Seed and USD 12 million Series A funding round.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>The Series A round was led by PeakXV Ventures and also saw participation from existing investors 8i Ventures and DevC, alongside Accel, Blume Ventures and Kae Capital. The transaction marks a key growth milestone for PowerUp Money as it continues to scale its technology-driven wealth management platform in India\u2019s rapidly expanding fintech ecosystem.<\/p>\n<p>PowerUp Money intends to utilise the fresh capital to strengthen its research and advisory capabilities, expand its subscription offering, PowerUp Elite, and launch a fully managed advisory product, PowerUp Infinite. The company also plans to invest in investor education and financial literacy initiatives to broaden access to informed wealth creation tools across India.<\/p>\n<p>The team at Argus Partners advising Accel, Blume Ventures and Kae Capital\u00a0 consisted of <a href=\"https:\/\/www.argus-p.com\/our-people\/our-partners\/ashwin-krishnan\/\">Ashwin Krishnan<\/a> (Partner), <a href=\"https:\/\/www.argus-p.com\/our-people\/our-associates\/siddharth-malakar\/\">Siddharth Malakar<\/a> (Senior Associate) and <a href=\"https:\/\/www.argus-p.com\/our-people\/our-associates\/rashika-wadhawan\/\">Rashika Wadhawan<\/a> (Associate).<\/p>\n<p>Read more at: <a href=\"https:\/\/www.business-standard.com\/companies\/start-ups\/powerup-money-raises-over-107-crore-in-funding-from-peak-xv-others-125122200427_1.html\">Business Standard<\/a>, <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/startup\/powerup-money-raises-12-million-series-a-led-by-peak-xv-to-scale-mutual-fund-advisory-13736838.html\">MoneyControl<\/a>, <a href=\"https:\/\/yourstory.com\/2025\/12\/mutual-fund-platform-powerup-money-raises-12m-funding-led-by-peak-xv\">YourStory<\/a>.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-55130","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/55130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=55130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}