Mumbai-based wealthtech startup CREST has raised $3.1M (₹29.3 Cr) in a pre-seed funding round, as publicly reported on June 16, 2026. The round was led by BEENEXT and Atrium Ventures, with the company simultaneously coming out of stealth to launch its AI-native fractional family office platform aimed at India’s affluent investor base.
Quick Highlights
- Founders: Girish Singhi and Zuhaib Khan
- Lead Investors: BEENEXT and Atrium Ventures
- Participating Investors: Sparrow, Shastra VC, DeVC, Warmup Ventures, 91ventures, and 40+ angel investors including Amit Ranjan (SlideShare), Chirag Taneja (GoKwik), Revant Bhate (Mosaic Wellness), Shantanu Deshpande (Bombay Shaving Company), and Kashish Sharma
- Investor Background: The round draws participation from founders and operators across prominent Indian consumer and technology ventures
- Headquarters: Mumbai, India
- Announcement Date: June 16, 2026
Funding Breakdown
Use of Funds
CREST intends to deploy the capital across four core priorities: strengthening its technology platform, expanding its family office and investment teams, deepening regulatory and compliance capabilities, and building out asset management offerings spanning Indian and global public markets as well as real estate.
Funding Timeline
This $3.1M pre-seed round is CREST’s first publicly disclosed funding event, raised as the company exits stealth mode. No prior institutional funding rounds have been publicly reported.
Expansion Plans
Over the next 12 months, CREST plans to expand its platform across India and the UAE. In parallel, the company is actively growing its family office and investment teams to support the platform’s scaling ambitions across both geographies.
Significance
CREST’s emergence from stealth marks a notable entry into the fractional family office space — a model that until now has largely remained inaccessible outside traditional, high-fee private wealth structures. By positioning as an AI-native platform, CREST is targeting India’s 900,000+ dollar millionaires, a segment that has historically been underserved by institutional wealth management at scale. The pre-seed raise, notable for its breadth of angel participation from prominent founders across India’s startup ecosystem, signals strong conviction from operators who understand the gap firsthand. If executed, the model could meaningfully shift how India’s affluent class accesses sophisticated, multi-asset investment management.
These details have been verified against multiple publicly available reports as of June 16, 2026.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
