# Stable Money

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stable-money

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.stablemoney.in/
- Total disclosed funding: $54M
- Latest round: Series C (Aug 4, 2026)
- Investors on record: 8

## About

Based in India, Stable-Alpha Technologies Private Limited doing business as Stable Money operates as a finTech company offering platform that specializes in providing individuals with fixed-income investment opportunities. Based in Karnataka, India, and co-founded by Saurabh Jain (CEO) and Harish Reddy in 2022, Stable-Alpha Technologies Private Limited doing business as Stable Money operates as a technology-based financial services company offering a platform for fixed-income investment. In August 2026, Stable Money raised INR 1.36 billion in series C funding led by The Fundamentum Partnership, with participation from Peak XV Partners, RTP Global, and Z47.

The company offers a fixed deposit (FD) booking app allowing people to invest in FDs and achieve substantial returns. Stable Money doesn’t require users to have a bank account and with the company’s app available in Google Play and App Store, users can invest in under 3 mins along with the easy withdrawal feature without any convenience fees. As of August 2023, the firm has a partnership with over 200 banks, ensuring users access to different FD options with returns of up to 8.85%. The firm helps people capitalize on increasing FD rates and beat inflation with assured compounded returns. Additionally, the firm also offers a calculator to answer users' financial queries for home loan EMI, compound interest, FD returns, EMI, income tax, etc.

The company plans to use the August 2026 funding to expand its fixed-income investment products, improve its technology platform, and grow its customer base as it scales its wealth management business.

## Funding rounds

- Series C, Aug 4, 2026, $14M — RTP Global, The Fundamentum Partnership, Z47, Peak XV Partners
- Series B, May 23, 2025, $20M — Lightspeed Venture Partners, Aditya Birla PE Advisors, RTP Global, The Fundamentum Partnership, Z47
- Series A, Jul 21, 2024, $15M — Lightspeed Venture Partners, RTP Global, Z47, Titan Capital
- Seed, Dec 19, 2022, $4.5M — Lightspeed Venture Partners, Z47, Titan Capital, Mars Shot Ventures

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed, Series A, Series B
- Z47 (https://capitalatlas.ai/funds/z47) — Seed, Series A, Series B, Series C
- Titan Capital — Seed, Series A
- Mars Shot Ventures (https://capitalatlas.ai/funds/mars-shot-ventures) — Seed
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A, Series B, Series C
- Aditya Birla PE Advisors (https://capitalatlas.ai/funds/aditya-birla-pe-advisors) — Series B
- The Fundamentum Partnership (https://capitalatlas.ai/funds/the-fundamentum-partnership) — Series B, Series C
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series C