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Neo Group

Wealthtech (Asset Management)Mumbai, Maharashtra, India

Neo Group (Neo Wealth and Asset Management) is a Mumbai-based wealth and asset management firm serving ultra-high-net-worth individuals, founders and family offices with alternative investment funds, private credit and bespoke yield strategies.

1StartupFox story
2021Founded
Wealthtech(Asset Management)Sector
Mar 2026Latest coverage

Funding

Neo Group has raised $60M across 1 disclosed round, most recently a Private equity round in Mar 2026.

$60MRaised
Private equity roundLatest round · Mar 2026
₹10,000CrValuation
1Event
Chart appears once 2 more funding rounds are recorded — below that a chart shows less than the table does.
₹10,000 crore (~$1.2B) pre-money — unicorn entry
Mar 2026Private equity round$60M (₹500 crore)TVS Capital Funds (lead) ₹10,000 crore (~$1.2B) pre-money — unicorn entryStartupFox ↗

Leadership

NJNitin JainFounder · Chairman & MD · ex-CEO, PAG-Edelweiss Wealth
HDHemant DagaCEO, Neo Asset Management · ex-Edelweiss AM
VBVarun BajpaiCEO, Neo Wealth Management · ex-Macquarie
PJPuneet JainCIO, Neo Asset Management · ex-Goldman Sachs
ASA. SrikanthCEO, Neo Wealth Partners · ex-Motilal Oswal Wealth

The Neo Group journey

2021 · founded
Founded in Mumbai by Nitin Jain.
Mar 2026 · funding
Private equity round — $60M, led by TVS Capital Funds (lead).
Mar 2026 · milestone
Enters the unicorn club at a ₹10,000 Cr pre-money valuation — a marker of India's wealth-management boom driven by UHNI growth and generational wealth transfer. ↗

The rest of Neo Group's profile is free

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Latest on Neo Group

Funding
Neo Group Raises Rs 500 Crore in Private Equity Round Led by TVS Capital to Expand Specialized Wealth Solutions
23 MAR 2026 · 2 MIN READ

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Frequently Asked

What is Neo Group?

Neo Group (Neo Wealth and Asset Management) is a Mumbai-based wealth and asset management firm serving ultra-high-net-worth individuals, founders and family offices with alternative investment funds, private credit and bespoke yield strategies.

Who founded Neo Group?

Neo Group is associated with Nitin Jain.

How much funding has Neo Group raised?

Neo Group has raised $60M across 1 disclosed round. The most recent was a $60M Private equity round in Mar 2026.

Who are Neo Group's investors?

Disclosed investors in Neo Group include TVS Capital Funds (lead).

What is Neo Group's valuation?

Neo Group was last reported at ₹10,000 crore (~$1.2B) pre-money — unicorn entry, at the time of its Private equity round in Mar 2026.

What is the latest news on Neo Group?

The most recent StartupFox coverage is “Neo Group Raises Rs 500 Crore in Private Equity Round Led by TVS Capital to Expand Specialized Wealth Solutions” (23 March 2026). All stories are listed on this page.