IndiaBonds bags Rs 32.5 crore in first external funding

26 Jun 2025, 11:46 AM

IndiaBonds will use the fresh capital to scale its platform, hire senior executives and for marketing purposes.

Team Head&Tale

Online bond investment platform IndiaBonds has raised Rs 32.5 crore in its first external funding round from a bunch of individual investors from the investment and technology space.

The investors in the platform include Amit Rathi, cofounder of global quantitative multi-asset trading and investment platform QiCAP.Ai; Sandeep Barasia, former chief business officer at new-age logistics firm Delhivery; and Shiv Gupta, founder and CEO of wealth management firm Sanctum Wealth.

IndiaBonds, founded in 2021 by Vishal Goenka and Aditi Mittal, will use the fresh capital to scale its platform, hire senior executives and for marketing purposes.

The Mumbai-based fintech company is registered with the Securities and Exchange Board of India (SEBI). It helps retail and institutional investors  to invest in fixed-income products, including corporate bonds, government securities, and digital fixed deposits.

Other fintech platforms such as Stable Money, Grip Invest, Wint Wealth and Groww are also focusing on bond investments.

Earlier this month, Stable Money, which focuses on fixed-deposit investments, secured $20 million in its Series B funding round led by Nandan Nilekani's Fundamentum Partnerships.

Last year, markets regulator SEBI had decreased the minimum ticket size for privately placed corporate bonds from Rs 1 lakh to Rs 10,000 to encourage retail participation in the bond market.

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