Stable Money Is Making Safe Bets Trendy, Backed by $20M in Fresh Cash
Wealthtech platform Stable Money has raised $20 million in Series B funding from Fundamentum Partnership, Aditya Birla Ventures, and Lightspeed, fueling its expansion of fixed-return investments across Tier-2 Indian cities. With its latest $20 million infusion, Stable Money plans to scale fixed-income offerings, deepen its partner network, and build physical distribution in Tier-2 Indian cities. The Series B funding round was led by Fundamentum Partnership, co-founded by Infosys’ Nandan Nilekani, with participation from Aditya Birla Ventures, Lightspeed, and other returning investors. Saurabh Jain, co-founder and CEO, emphasized the company’s strategy...
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