Wealthtech startup Zomint has raised ₹36 crore (about $3.7 million) in a seed funding round from Lightspeed and Prime Venture Partners, Inc42 reported. The startup is going after a gap the industry has long ignored: professional wealth management for people who aren't HNIs.
Founded in 2025 by Aman Mittal (CEO) and Shavir Bansal (COO), Zomint pairs customers with dedicated wealth experts, backed by investment research and AI tools. Mittal previously held product leadership roles at Flipkart and Pine Labs, while Bansal founded the personal-finance content platform Bekifaayati, which claims over 50 lakh subscribers — a ready-made distribution edge most seed-stage fintechs can only dream of.
Customers can start with a ₹25,000 monthly SIP or a ₹5 lakh lump sum. The platform offers a dashboard to track investments while experts review portfolios and recommend actions based on goals and fund performance. Its technology pulls together portfolio information, financial goals, past conversations and investment research to flag issues and track agreed actions.
The fresh capital will be used to strengthen Zomint's technology and investment capabilities, expand its team of wealth and investment experts, and grow its content-led distribution across new formats and regional languages — a clear bid to reach mass-affluent India where wealth is being created fastest.
Why it matters for founders
The "beyond HNI" wealth management thesis is a bet on India's rising mass affluent — millions of households with real savings and zero access to quality advice. Zomint's edge is founder–market fit: one founder who built consumer fintech products, another who built a 50-lakh-strong personal-finance audience. If you're fundraising in fintech, investors are rewarding teams that bring their own distribution. Distribution you don't have to pay for is the cheapest moat there is.