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EY India acted as the exclusive sell-side advisor to Waterfield Advisors
EY successfully advised Waterfield Advisors on securing USD 18 million in a funding round led by Jungle Ventures. This investment will drive Waterfield’s technology expansion, market presence, and client engagement, further highlighting the sector’s momentum and marking EY’s third deal in the wealth management space within the past year.
Waterfield Advisors – Founded in 2011, Waterfield is one of India’s leading independent wealth advisory firms. It manages over USD 5 billion in assets, providing holistic, fee-based wealth and investment advisory services across seven strategic locations in India.
Jungle Ventures – Headquartered in Singapore, Jungle Ventures is a leading venture capital firm with over USD 1 billion in assets under management. It invests across Southeast Asia and India, backing high-growth companies.
Waterfield has firmly established itself as a leader in the wealth management industry, pioneering the advisory-led model. At EY, we take immense pride in being part of this journey, as Waterfield successfully closed its funding round led by Jungle Ventures. This milestone is even more significant as it marks our third deal in the wealth management space within the past year. Wealth management is rapidly emerging as a mega-trend in India. As India rises in prosperity and financial assets become more structured, the demand for professional wealth managers is growing at an unprecedented pace. This marks the beginning of a multi-decade growth cycle, fuelled by strong tailwinds. We are thrilled to have a front-row seat to one of the most transformative phases in the industry.