Wealth management firm Neo raises $35 mn in funding from Peak XV Partners

Company will use funding for wealth management business, asset management franchise

Neo, a wealth and asset management firm, has raised $35 million in a growth funding round from Peak XV Partners (formerly Sequoia India & Southeast Asia), it said in a statement.

Neo will use the funding for expanding its wealth management business, asset management franchise, and acquiring "top talent".

“We are excited to join forces with one of the finest global institutions, where our shared core values and beliefs align seamlessly. This alliance is more than just a strategic move. In fact, with this powerful collaboration, we are better equipped than ever to offer innovative solutions, deliver exceptional value, and