India Bonds raises Rs 32.5 cr in maiden funding round to boost growth

NEW DELHI, June 25:

IndiaBonds.com, a Sebi-registered online bond platform provider, on Wednesday said it has raised Rs 32.5 crore (USD 3.77 million) in its first external funding round.

The round was led by a curated group of marquee individual investors from the investment and technology sectors, many of whom bring deep experience and strategic insight in scaling financial and digital platforms, it said in a statement.

This milestone marks a significant step forward for the company, which has been entirely bootstrapped for over four years driven solely by the personal capital of its founders Aditi Mittal and Vishal Goenka, it added.

“This round allows us to continue on a high growth trajectory, and we are only likely to look at institutional funding from sometime next year,” Vishal Goenka, Co-Founder of IndiaBonds, said.

IndiaBonds offers a seamless digital platform for retail and institutional investors to discover, assess, and invest in a range of fixed income products, including corporate bonds, and government securities.  (PTI)

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