New Delhi, Aug. 20 -- The leadership team includes Shvetank Mishra, ex-ABN AMRO, RBS, ICICI Securities; Pramod Kumar, ex-ICICI Direct, Canara HSBC Life; Apurva Dodia, ex-ICICI, Kotak, UBS, Motilal Oswal; and Gaurav Chahaun, ex-ICICI Bank, Kotak, Barclays, HDFC, Citibank, among others.

"While we may be the 20th or 40th player in private wealth overall, we are the first movers into tier-II, tier-III and tier-IV cities. Wealth creation has been uniform across India, but the wealth management ecosystem has not kept pace, particularly outside metros," said Manu Awasthy, cofounder and chief executive of Centricity.

The company also plans to hire another 30 bankers next year. Centricity plans to expand into other new lines of business to offer...