Stable Money Founders' Stake Drops to 30% After $25 Million Pre-Series C Funding Round

Stable Money, a Bengaluru-based wealthtech startup, has seen its founders' stake reduce to 30% following a successful $25 million pre-Series C funding round.  

The round was led by Peak XV Partners, with participation from Z47, RTP Global, and Fundamentum Partnership. 

Details of the Pre-Series C Round 

The recent funding round valued Stable Money at $175 million, marking a 3.6X increase in valuation in under 2 years. The company raised ₹229.4 crore by issuing 54,491 pre-Series C CCPS at ₹42,103 per share.  

Peak XV Partners led the round with an investment of ₹183.5 crore, while Z47 and RTP Global contributed ₹21.65 crore and ₹15.32 crore, respectively. Fundamentum also joined with ₹8.9 crore. 

Impact on Shareholding Structure 

Following the allotment, Z47 emerged as the largest external shareholder with a 17.9% stake. Lightspeed Venture Partners and RTP Global hold 13.04% and 12.7%, respectively.  

New investor Peak XV Partners will have an 11.43% stake. Co-founders Saurabh Jain and Harish Reddy each retain 15.35% of the company. 

Read More: Dream Sports Reshapes Business After RMG Ban: Sees Over 100 Executive Exits! 

Company Background and Financial Performance 

Founded in 2022 by Saurabh Jain and Harish Reddy, Stable Money is a platform for fixed-income investments, allowing users to invest in fixed deposits and bonds.  

In the fiscal year ending March 2025, the company recorded operating revenue of ₹4.3 crore and gross revenue of ₹104 crore, with losses increasing 3.5X to ₹44.8 crore. 

Funding Landscape in Wealthtech Sector 

In 2024 and 2025, Indian wealthtech startups raised over $634 million across 51 deals. Notable fundraisers include AssetPlus with $19.3 million and Wint Wealth with $28 million. Bengaluru-based Otto Money also secured funding recently. 

Conclusion 

Stable Money's recent funding round has significantly altered its shareholding structure, with the founders' stake reducing to 30%. The company's valuation has seen substantial growth, reflecting investor confidence in its business model and potential within the wealthtech sector. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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