Bengaluru-based Stable Money has raised USD 25 million in a pre-Series C funding round at a valuation of USD 175 million, with Peak XV Partners leading the round. In addition, Z47, RTP Global, and Fundamentum Partnership participated in the funding.
Previously, the company attracted USD 40 million in capital from Fundamentum Partnership Fund, Matrix Partners, RTP Global, Lightspeed India, and several other investors, thereby strengthening its financial foundation ahead of this round.
Going forward, Stable Money plans to deploy the fresh capital to strengthen its core technology platform, expand access to complementary savings products, and scale teams across critical business functions. At the same time, the company aims to enhance operational efficiency while accelerating product-led growth.
Founded in 2022 by Saurabh Jain and Harish Reddy, Stable Money operates a fixed-income investment platform that enables individuals to earn stable returns through fixed deposits, bonds via Stable Bonds, and other low-risk instruments. Notably, the digital platform allows users to compare, invest in, and manage fixed-income products, particularly bank FDs, across multiple financial institutions from a single interface.
Reflecting on the company’s growth, the co-founders said, “What has been most encouraging over the last few years is seeing millions of families choose to manage their savings digitally, without compromise. We are deeply grateful to our investors for their continued belief in our journey. This raise reflects long-term conviction in our mission to build a trusted, modern platform for how India saves.”
Meanwhile, the startup plans to deepen partnerships with banks and NBFCs, both established and emerging, to expand customer choice, enable smarter rate discovery, and drive continuous product innovation. Additionally, Stable Money is strengthening its on-ground presence in key cities to build closer, trust-driven relationships with its growing user base.
According to company disclosures, Stable Money now serves over 40 lakh users, who have collectively invested more than ₹5,000 crore through the platform across fixed deposits, Stable Bonds, and other secure instruments. Furthermore, for FY25, the startup reported operating revenue of ₹104 crore, marking a sharp rise from ₹1.3 crore in FY24, although losses widened to ₹44.8 crore from ₹12.8 crore during the same period.
Importantly, this fundraising underscores strong investor momentum in India’s wealthtech ecosystem, which recorded over USD 634 million across 51 deals involving 39 startups in 2024–25. Early 2026 has already witnessed significant capital inflows, including AssetPlus raising USD 19.3 million, Wint Wealth securing USD 28 million, and Otto Money closing USD 1.3 million.
Stable Money’s latest funding round highlights growing confidence in digital-first, low-risk investment platforms as Indian households increasingly shift toward transparent and tech-enabled savings solutions. With strong investor backing, rapid revenue growth, and an expanding user base, Stable Money appears well-positioned to play a defining role in reshaping how India saves and invests for the long term.
