Team Startupcity

·  IndiaBonds raises  Rs 32.5 Cr in first external round after four years of being bootstrapped.

·  Funding led by top investors from finance and tech sectors to aid strategic scale-up.

·  Platform simplifies access to bonds and fixed-income products for retail and institutional investors.

IndiaBonds, a SEBI-registered Online Bond Platform Provider (OBPP), has raised  Rs 32.5 crore (nearly $3.77 million) in its first round of external funding a significant milestone for the fintech startup, which has run bootstrapped for more than four years.

The round was led by a carefully selected set of leading investors in the investment and technology space. These investors not only infuse capital but also strategic experience to aid IndiaBonds' next phase of growth.

"Having closed this round from a carefully handpicked set of friends and peers people who bring more than capital to the table they're highly experienced professionals with an intimate knowledge of scaling digital and financial platforms," added IndiaBonds Co-Founder Vishal Goenka. "Their advice will be invaluable as we scale. We're still on a high growth trajectory and intend to go for institutional funding some time next year."

Goenka also recognized the central role clients and employees play in driving the company's mission: "Our vision has always been to put 'A Bond in Every Hand,' and this funding helps us continue that journey.

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IndiaBonds, established in 2021, provides a hassle-free online experience for retail and institutional investors alike. Its website supports discovery, analysis, and investment across a range of fixed-income instruments such as corporate bonds, government securities, and digital fixed deposits, and enables ease of accessibility, transparency, and efficiency in the investing process for bonds.