U.S. investment firm Tiger Global Management has invested $15 million in Indian wealth management startup INDwealth.

INDwealth intends to use the new capital secured from the latest funding to build its technology, artificial intelligence and advisory team.

Additionally, the startup is also planning to invest the proceeds in acquiring customers and marketing programmes.

In October last year, INDwealth had received $30 million in its seed funding round from Hong Kongese hedge fund Steadview Capital.