Prateek Jindal (PowerUp Money)
Overview
Prateek Jindal is a prominent entrepreneur known for his role as the founder and CEO of PowerUp Money, a wealthtech platform aimed at transforming investment advisory services for retail investors in India. Leveraging his extensive experience in fintech, Jindal has been instrumental in providing accessible and high-quality financial advisory services. His venture, PowerUp Money, has garnered attention for its innovative approach to portfolio management and investment intelligence.
Recent Developments
- June 2025: PowerUp Money raised $7.1 million in a seed funding round led by Accel, Blume Ventures, and Kae Capital, alongside participation from 8i Ventures and DeVC. The funding is aimed at enhancing product development, scaling advisory services, and improving the platform’s investment intelligence engine. This strategic move marks a significant milestone in the company's mission to onboard 10 million users within three years.
- April 2025: The company launched its flagship product, Power Mutual Funds, which has since managed assets amounting to ₹3,000 crore across 25,000 customers. The product aims to simplify mutual fund investments, providing users with intuitive tools for portfolio tracking and financial advice.
- 2024 - 2025: PowerUp Money spun off from Uni Cards to become an independent entity, allowing it to focus solely on digital wealth management. This independence was solidified through the recent funding round, enhancing its product suite and operational capabilities.
- Strategic Plans: PowerUp Money plans to expand its technologies and advisory services with offerings like Power FD, which provides high-interest fixed deposits, and Power Age, a financial planning tool aimed at facilitating financial independence.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Prateek Jindal |
| Born | N/A |
| Nationality | Indian |
| Occupation | Founder & CEO, PowerUp Money |
| Known For | Wealthtech innovation, PowerUp Money |
| Net Worth | N/A |
| Education | MBA (Marketing), National Institute of Industrial Engineering |
Early Life and Education
Prateek Jindal's educational background in marketing and management forms the bedrock of his entrepreneurial ventures. He holds a Master of Business Administration in Marketing from the National Institute of Industrial Engineering. Details about his early childhood and family remain relatively private; however, his business education and his experiences in the financial sector have been crucial in shaping his career in fintech.
Career and Notable Achievements
- Co-founder of Uni Cards: Before founding PowerUp Money, Jindal co-founded Uni Cards, a fintech company specializing in credit products. His experience in this role provided crucial insights into consumer finance behavior.
- Founder and CEO of PowerUp Money: Established in 2023, PowerUp Money was incubated within Uni Cards before its spin-off. Jindal’s leadership has guided PowerUp Money to become a significant player in the wealthtech industry.
- Innovative Product Launches: Under Jindal’s guidance, PowerUp introduced Power Mutual Funds, PowerUp Elite, and other financial tools aimed at democratizing financial advisory services for the average investor.
- Successful Fundraising: The recent $7.1 million seed funding exemplifies Jindal’s ability to attract investment for expanding PowerUp Money’s technological and advisory capabilities.
Current Work and Impact
Currently, Prateek Jindal is actively leading PowerUp Money as a pioneering platform in the wealthtech sector. His focus is on expanding the company's technological footprint and customer reach. The impact of his work resonates in the simplicity and accessibility of financial advisory services, aiming to empower Indian investors with better financial literacy and smart investment options. Jindal's vision and execution are driving the next wave of wealth management solutions tailored to digital-first investors.
Conclusion
Prateek Jindal’s journey as an entrepreneur in the wealthtech industry has been marked by strategic innovation and a commitment to democratizing access to financial advisory services. Through PowerUp Money, he is reshaping investment landscapes in India, providing tools and insights previously available to only high-net-worth individuals. His leadership in raising significant seed capital and expanding user engagement suggests a promising future for both him and his company. As Jindal continues to harness technology for investment advisory, his legacy in fintech innovation will likely have a lasting impact on how retail investors navigate their financial journeys.