Antler India led $1 M Pre-seed funding raised by wealthtech platform Rovia

With participation from CDM Capital, AC Ventures, Operators Studio, and angel investors from the US and India, wealth platform Rovia has raised $1 million in a pre-seed fundraising round headed by Antler India.

According to a news statement from Rovia, the additional funding will be utilized to increase regulatory and compliance capabilities, deepen brokerage and financial infrastructure connections, and grow the technical and product teams.

Shivang Badaya and Arnav Grover co-founded Rovia, a worldwide wealth platform designed for workers with equity remuneration, beginning with RSUs and stock plans, in 2025. By providing a single platform for international IT workers to transfer, manage, diversify, and reinvest their stock pay, the company lowers cross-border expenses and friction.

The Bengaluru-based business seeks to solve issues like high foreign exchange and remittance expenses, cross-border friction, tax complexity between jurisdictions, restricted access to US brokerage infrastructure, delayed settlements, and concentrated exposure to a single employer. Through a single interface with far less friction, the platform enables users to transfer, diversify, and reinvest their equity pay.

Rovia claims to have increased assets under management by 100% each month since releasing its beta version. Currently, the company is tracking more than $60 million in stock compensation assets and RSUs across its user base, which comes from workers at more than 300 companies.

Additionally, Rovia has obtained registration in the US as an investment adviser registered with the SEC. For professionals whose financial lives are influenced by equity pay, it seeks to provide the most reliable worldwide wealth operating system.