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Wealthtech startup Stable Money has raised $25 million in a pre-Series C round, valuing the company at $175 million. The round was led by Peak XV Partners.
What does it do: Stable Money is an online platform that lets Indians invest in safe options like fixed deposits and bonds from over 200 banks and NBFCs, all in one place. It makes comparing, booking, and tracking these low-risk investments simple and paperless.
The why: the company said it will use the funds to upgrade its platform and expand its range of savings products. It also plans to grow its team across key functions.
The startup aims to strengthen partnerships with both large and emerging banks and NBFCs to offer customers more options and better rates. It is also expanding its presence in major cities to build stronger, direct relationships with customers.
Zoom out: capital is pouring into India’s wealthtech sector. According to Entrackr, wealthtech startups raised over $634 million across 51 deals involving 39 companies during 2024 and 2025.
The momentum has continued this year, with AssetPlus raising $19.3 million, Wint Wealth securing $28 million, and Otto Money garnering $1.3 million.
The surge is being driven by rising incomes, deeper digital adoption, and improving financial literacy among India’s growing middle class.
