PrimeInvestor Financial Research, which provides Portfolio Management Services (PMS), has secured ₹19.5 crore ($2 million) in its initial external funding round from Rainmatter Capital, the investment division of Zerodha.
The funds will be allocated to enhance PrimeInvestor’s PMS operations, increase its research capabilities, and expand its product offerings to cater to a broader range of Indian investors.
Established in 2020, PrimeInvestor aims to provide institutional-grade research and impartial investment advice to retail investors in India. Over the past five years, the company has amassed around 63,000 registered users and has evaluated more than 12,000 portfolios, totaling over ₹25,000 crore. The firm’s PMS service requires a minimum investment of ₹50 lakh.
“We are pleased to embark on this new chapter in our business journey. This support from Rainmatter motivates us to develop an elite WealthTech company that can significantly expand the portfolio management services available in India,” remarked Srikanth Meenakshi, co-founder of PrimeInvestor.
Bhuvanesh R, VP of Business Analysis at Zerodha, expressed confidence in PrimeInvestor’s mission: “We are happy to support PrimeInvestor as they embark on their new journey to help Indians manage their finances more effectively.”
Published on April 23, 2026.
