IndiaBonds raises Rs 32.5 crore in maiden funding to accelerate growth of online bond platform

IndiaBonds, a SEBI-registered Online Bond Platform Provider (OBPP), has raised Rs 32.5 crore ($3.77 million) in its first external funding round. This milestone marks a significant step forward for the company, which has been entirely bootstrapped for over four years.

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.

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.”

He added, “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!”

Launched in 2021, 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, government securities, and digital fixed deposits—helping make bond investing accessible, transparent, and efficient.