Get All Access for $5/mo

Waterfield Advisors Raises $6 Million In Series B Funds will be utilized to accelerate growth, invest in technology, reinforce the investment advisory platform, among others

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Waterfield Advisors, a multi-family office and wealth advisory firm, has raised $6 million funding in Series B round.

Waterfield will use the capital to accelerate its growth – including expanding teams across the organization, investing in technology, reinforcing the investment advisory platform across listed as well as unlisted investments and building Waterfield's international presence in Singapore, UK, US and the Middle East. The company will also double down on brand and community building.

"Over the past 10 years, we have strived to be the standout financial advisory firm in India, deeply committed to ensuring a no conflict-of-interest approach in all our client dealings. I am very pleased that our approach has resonated with clients as well as with our investors," said Soumya Rajan, founder and CEO, Waterfield Advisors.

Founded in 2011 by Soumya Rajan, Waterfield Advisors has emerged as the leading player in the Wealth Advisory space with a differentiated model that enables the clients of the firm to access services that are governed by merit and not conflict. The firm advises some of the largest business families of India with total assets under advisory of over $4 billion.

"We are registered with SEBI as investment advisors and work with family-owned businesses, trusts and endowments and single-family offices for their global investments and in non-investment related areas, including succession planning, family governance, and philanthropy. Our role is to provide holistic advice without a conflict of interest in all our dealings with our clients," said a statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Growing a Business

Stop the Errors: Set a Review Process That Works

Mistakes make you look unprofessional and hurt your growth. Fix them today.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

RBI's Next Chapter: Can India Embrace Crypto Innovation?

With the appointment of under-the-radar Sanjay Malhotra to replace Das as India's new and 26th central bank governor, crypto players are optimistic about the future