New Wealthtech Apps: Is Your Money Actually Safe?

A new Indian wealthtech startup called Corpus Labs is entering the investment management space. Before you trust any new fintech with your money, here's what every Indian investor must check to stay safe.

Here's what happened: Corpus Labs, a new Indian wealthtech startup founded by former Peak XV, Groww, and JPMorgan executives, has emerged from stealth mode with reported pre-seed funding of $4.2 million.. The startup joins a crowded but fast-growing Indian wealthtech space where platforms help retail investors manage portfolios, SIPs, and personal wealth digitally.. Stellaris Venture Partners, a well-known early-stage Indian VC firm, is reportedly in talks to participate in the funding round, signalling investor appetite for wealth management fintech..

What you should do: Check any investment app's SEBI or AMFI registration number on the official SEBI website (sebi.gov.in) before linking your bank account or starting a SIP.. Avoid onboarding on a brand-new platform during its first 3–6 months — wait for user reviews, regulatory filings, and a visible grievance officer contact to appear publicly.. Compare established SEBI-registered platforms (Zerodha, Groww, INDmoney) before switching to newer alternatives — transfer your portfolio only after verifying the new platform's compliance record..

SEBI's SCORES portal (scores.sebi.gov.in) lets you file a complaint against any registered investment platform within 3 years — bookmark it before you need it.