Centricity raises $33.6M Series A led by SMBC Asia Rising Fund

What's the deal? Indian wealthtech company Centricity has raised US$38M in a Series A led by SMBC Asia Rising FundDealroom has a profile for this one. Try Dealroom →. The round includes US$31.2M in equity and US$6.79M in venture debt, and values the company at around US$244.4M.

Why now? Centricity plans to use the funding to scale its private wealth and global private client businesses.

Read more: The Economic Times