Neo Group Secures INR 350 Crore Funding Round
Neo Group has entered definitive agreements to raise approximately INR 350 crore in a new investment round. The round is led by Peak XV Partners, which is described as Neo Group’s earliest institutional backer, and the closing of the transaction is scheduled to be completed shortly.
The fresh capital deepens Peak XV’s commitment to Neo Group, which already received a prior INR 550 crore investment from TVS Capital, highlighting sustained confidence from leading institutional investors.
Neo Group operates an integrated wealth and asset management platform that, as of 30 June 2026, manages roughly INR 1,30,000 crore in total client assets across Assets Under Advice and Assets Under Management. The firm also holds nearly INR 3,000 crore of equity capital and generates INR 50,000 crore of annualised recurring revenue (ARR) assets. Its operations span more than 30 cities in India, supported by a workforce of over 850 professionals, including more than 150 senior wealth advisors recruited from the highest tiers of global private banking institutions.
The platform offers a broad suite of services, encompassing wealth management advisory, private markets, fixed income, global investments, insurance, and estate planning. Its asset management arm delivers strategies in private credit, infrastructure, and private equity. Neo Group maintains a presence in key Indian locations—Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Goa, and Jaipur—as well as an overseas footprint in the United States.
Commenting on the development, Nitin Jain, Chairman & Managing Director of Neo Group, stated that the objective has always been to build an enduring institution with strong governance, disciplined capital allocation, and a client‑first alignment, and that the new fundraise provides the capital and long‑term partnership needed to invest in talent, technology, and new product capabilities as the firm expands across India. Sakshi Chopra, Managing Director of Peak XV Partners, expressed continued belief in Neo’s vision and highlighted the platform’s deep advisory talent, institutional approach, and strong client alignment as reasons for the firm’s rapid scale and future growth prospects.
Overall, the INR 350 crore infusion positions Neo Group to accelerate its growth trajectory, enhance its technology and product suite, and broaden its geographic reach within India’s expanding wealth creation market.