PRESS RELEASE
Mumbai, 9th December, 2024: Dezerv, India’s premier tech-led wealth management firm, today announced that its total Assets Under Management (AUM) have crossed INR 10,000 crore comprising AIF, PMS and distribution assets.
Dezerv has grown over 7x in a span of just two years. The firm now aims to achieve INR 25,000 crore in AUM by the end of 2025, reinforcing its position as one of the fastest-growing and most trusted investment platforms in the country.
Founded in 2021 by veteran wealth managers, Sahil Contractor, Sandeep Jethwani, and Vaibhav Porwal, Dezerv has leveraged proprietary active strategies, data-driven portfolio construction, and technology-led portfolio execution to outperform industry benchmarks.
Its mission aligns closely with the needs of India’s emerging wealth creators—investors seeking research-backed, risk-managed growth solutions.
In December 2022, Dezerv managed INR 1,265 crore. By December 2024, this number has grown to INR 10,048 crore —an unparalleled trajectory that attests to the company’s ability to deliver performance and client satisfaction.
With a team of 300 professionals and offices in Mumbai, Delhi, Bengaluru, Hyderabad, and Pune, Dezerv serves a wide range of high-net-worth clients, including wealth creators from leading companies like Amazon, Zomato, Swiggy, Google, BCG, and McKinsey.
Dezerv’s “Wealth Monitor App”—their proprietary investment analytics platform, evaluated over 400,000 portfolios and found nearly 60% underperforming their market benchmarks.
By combining data-led portfolio construction, tech-led portfolio execution and transparent fee structure, Dezerv helps clients overcome these performance gaps.
“We are deeply grateful to our clients for placing their trust in Dezerv. They have empowered us to steward their wealth responsibly and create wealth in a risk-managed manner. For many of India’s wealth creators, we’re honoured to be their wealth manager of choice, and we’re also proud to lead the wealth-tech ecosystem with benchmark-setting initiatives. This milestone belongs to our incredible team, whose unwavering commitment to excellence and integrity drives every decision we make. Our technology investments ensure personalised, data-led strategies, efficient execution, and complete transparency. We have also made significant investments in security, governance, and regulatory compliance to safeguard our clients’ interests. We look forward to scaling new heights together as we continue to transform wealth management in India.”, said Sandeep Jethwani, Co-founder, Dezerv.
About Dezerv
Dezerv is a wealth management company that combines the expertise of seasoned investment professionals with advanced technology, providing solutions for India’s leading wealth creators.
With over INR 10,000 crore in Assets Under Management (AUM), encompassing AIF, PMS, and distribution assets and a dedicated team of professionals, Dezerv is assisting India’s wealth creators in their investment objectives through a SEBI-registered Portfolio Management Scheme (PMS) platform.
We’re serving our clients from our 5 offices across the country. Our proprietary Wealth Monitor platform tracks assets totalling more than INR 100,000 crore, ensuring data-driven insights on portfolio performances.
Our founders, with past experience managing assets exceeding INR 50,000 crore, are solving the pitfalls of traditional wealth management through their vision for Dezerv. Sahil Contractor, Sandeep Jethwani and Vaibhav Porwal, come with a collective experience spanning over 60 years, managing wealth for some of the largest business families in India.
Recently, Dezerv has secured INR 265 crore in a funding round led by Premji Invest, with continued support from our existing investors – Elevation Capital, Z47 (fka Matrix Partners India), and Accel.
For more information, visit www.dezerv.in.
Media Contact
Yash Bhargava
Email: yash.bhargava@dezerv.in
Phone: +91 80802 12000