Mumbai, Oct. 8 -- After cutting larger cheques for companies such as Dezerv and Stable Money, Z47 (formerly Matrix Partners India) is seeing more opportunities in the wealth-tech segment and fintechs with a strong AI play, its managing director Vikram Vaidyanathan said.

"We are now seeing a lot of wealth-tech startups come up in India to serve the needs of different customers with the country's population becoming more affluent," he said in an interview on the sidelines of the Global Fintech Fest 2025.

Vaidyanathan further added that wealth is well-suited for AI play, as there is a level of consultative work, both in advising and selling, that is required. "The concept of AI-enabled human interface for such models is powerful, and we ar...