New Delhi, India – May 9, 2026 – A new player has entered India's rapidly expanding wealth management sector with the launch of Daksham Capital. Founded by a quartet of seasoned financial services professionals – Saket Lakhotia (Group CEO), Astha Mago (COO), Achin Bhardwaj (Jt. CIO), and Pankaj Kedia (Jt. CIO) – the firm aims to offer integrated, research-led wealth solutions to high-net-worth (HNI) and ultra-high-net-worth (UHNI) individuals, family offices, CXOs, and global Indian investors.
Addressing a Fragmented Market
Daksham Capital was officially launched on May 7 in New Delhi. The founders bring extensive experience from various domains including private banking, fund management, investment banking, and corporate advisory. Their stated mission is to address the fragmented nature of existing advisory services by providing a comprehensive, research-driven platform.
Group CEO Saket Lakhotia highlighted the evolving landscape of wealth management in India. “India’s wealth management landscape is at an inflection point. Clients today are more informed and more discerning than ever before — they expect institutional rigour, beyond just relationship-driven advice,” Lakhotia stated. He added that Daksham Capital’s investment framework is designed to meet these expectations, combining proprietary research with a disciplined, process-driven approach for consistent, long-term outcomes.
Strategic Focus on India's Growing Wealth
The timing of Daksham Capital's launch aligns with significant projections for India’s wealth pool, which is expected to reach nearly $9 trillion by 2035. The firm's strategy is built around delivering institutional-grade research, proprietary allocation models, rigorous product selection, and continuous portfolio monitoring. This systematic approach is intended to help clients navigate complex investment environments and optimize returns while managing risk.
Core Principles and Technology Integration
Operating under its “Daksham Compass” principles—Wisdom, Stability, Ethics, and Niche—the firm emphasizes experience-backed insights, personalized solutions, disciplined processes, and transparency. Daksham Capital also plans to integrate human expertise with advanced technology, leveraging analytics, data intelligence, and AI-driven advisory solutions to enhance its offerings.
The founding team has a strong track record, having previously advised over 600 clients with more than $1 billion in assets under advisory. Their focus with Daksham Capital will remain on delivering disciplined, transparent, and long-term wealth strategies tailored for India’s dynamic and rapidly expanding market.