New Delhi-based wealth management firm Nexedge Capital has raised $20 million in its maiden funding round, led by Mirae Asset Venture Investment and Elev8 Venture Partners.

The company will use the funds to strengthen its technology platform, expand its network of senior bankers, and grow its presence across India, including in Tier II and III cities.

It also plans to develop complementary offerings, including a dedicated proposition for NRIs and an NBFC business, according to a statement.

Founded in February 2025 by Anirudha Taparia, Nexedge Capital offers services spanning portfolio management, estate planning, business expansion and global mobility, tailored to the specific goals of each family.

Taparia was previously the co-founder and joint CEO of 360 ONE Wealth.