Ionic Wealth Surpasses 1 Billion AUM with Focus on Mid-Level Investors

Ionic Wealth, an AI-driven wealth-tech platform, has surpassed 1 billion in assets under management within 22 months, driven by a 30% average quarterly growth. The company targets mid-level wealth customers with investible assets between Rs 1 crore and Rs 25 crore, focusing on underserved investors across nearly 50 Indian cities. Its omnichannel approach combines personalized advisory services with AI-powered tools, addressing a growing market fueled by rising incomes, asset appreciation, and increased savings. The wealth management industry is projected to reach 1.6 trillion AUM by FY29, highlighting significant growth opportunities.