Bond investment platform IndiaBonds raises Rs 32.5 Cr in funding

IndiaBonds, a SEBI-registered Online Bond Platform has raised Rs 32.5 crore ($3.77 million) in its maiden external funding round backed by a curated group of marquee individual investors from the investment and technology sectors. 

This milestone is a major leap for the company, which has remained fully bootstrapped for more than four years.

The funds will be used to scale the platform and advance its mission to make bond investing mainstream and accessible across India.

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Vishal Goenka, Co-Founder of IndiaBonds, said, “We have raised a friends and associates round from a very select set of individuals who are not just contributing capital but will be particularly important in terms of advice and guidance for our scale-up stage. Our investors are leaders in the investment and technology industry who are excited to see our current stage and the vast untapped potential that lies in democratisation of the bond markets in India. 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.”

"We would also like to take this opportunity to thank our clients and teams who have been instrumental in building for our vision of a Bond in Every Hand," he added.

About IndiaBonds 

Founded in 2021 by Vishal Goenka and Aditi Mittal, IndiaBonds offers retail and institutional investors a platform to access, evaluate, and invest in various fixed-income instruments such as corporate bonds, government securities, and digital fixed deposits.

According to founder Goenka, the funding round includes “friends and associates” who contribute not only capital but also strategic guidance. The company plans to explore institutional funding next year.

IndiaBonds has also launched key innovations like a Bond Yield Calculator and a public Bond Directory to make fixed-income investing easier and more transparent for individual investors.

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