Stable Money to raise $15 million from existing investors
The round will be led by Nandan Nilekani-founded Fundamentum, with participation from Peak XV Partners, Z47 (previously Matrix Partners India), and RTP Global. Earlier in February this year, it had raised $25 million in a round led by Peak XV Partners. Post-fundraise, the Bengaluru-based fixed-income investment startup will be valued at $275 million.