Wealthtech startup Stable Money has secured $25 million in a pre-Series C funding round led by Peak XV Partners at a valuation of $175 million. The round also saw participation from Z47 (formerly Matrix Partners), RTP Global, and Fundamentum Partnership, reinforcing continued investor confidence in India’s fast growing digital savings ecosystem.
Founded in 2022 by Saurabh Jain and Harish Reddy, the Bengaluru based company operates a fixed income investment platform enabling users to invest in bank fixed deposits, bonds under its Stable Bonds offering, and other low-risk instruments. The platform allows individuals to digitally compare, invest in, and manage fixed-income products across multiple partner institutions.
The fresh capital will be deployed to strengthen the company’s core technology infrastructure, expand into complementary savings products, and scale teams across product, distribution, and partnerships. Stable Money also plans to deepen integrations with banks and NBFCs both established and emerging to enhance rate discovery, widen investor choice, and drive product innovation.
The company claims that more than 40 lakh users have invested over Rs 5,000 crore through its platform across fixed deposits and bond products. It is also expanding its on ground presence in key cities to build stronger customer engagement alongside its digital distribution strategy.
Financially, Stable Money reported sharp growth in FY25. Operating revenue rose to Rs 104 crore from Rs 1.3 crore in FY24, reflecting rapid scale-up in product adoption and distribution. However, losses widened to Rs 44.8 crore during the same period from Rs 12.8 crore a year earlier, as the company continued investing aggressively in growth and expansion.
The funding comes amid rising investor interest in India’s wealthtech sector. Industry data indicates that wealthtech startups raised over $634 million across 51 deals during 2024 and 2025, highlighting strong momentum in digital investment platforms catering to retail savers.
With this round, Stable Money strengthens its position in India’s fixed income digital investing segment, aiming to build a trusted, technology-led platform for long-term household savings.
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