IndiaBonds raises $3.77m to scale digital bond investing platform

By Vriti Gothi

IndiaBonds, a SEBI-registered online bond platform, has raised $3.77 million in its first external funding round to expand its digital infrastructure.

Entirely bootstrapped since its inception in 2021, IndiaBonds has until now relied solely on the personal capital and conviction of its co-founders, Vishal Goenka and Aditi Mittal. The latest investment, led by a select consortium of individual investors from the investment and technology sectors, brings not only capital but strategic expertise and deep domain knowledge. This infusion positions IndiaBonds to scale its technology stack, deepen market penetration, and continue delivering seamless, transparent, and investor-centric fixed income experiences.

IndiaBonds’ digital platform enables both retail and institutional investors to discover, assess, and invest in a diverse range of fixed income products including corporate bonds, government securities, and digital fixed deposits. With a focus on simplicity, compliance, and accessibility, the platform is designed to bring efficiency and trust to a segment traditionally dominated by opaque processes and limited retail participation.

The company has introduced several market innovations, such as the Bond Yield Calculator and an open-access Bond Directory, each underscoring its commitment to financial literacy and transparency. These tools demystify the complexities of yield calculations and bond pricing, empowering investors to make more informed decisions. Built with modern, scalable architecture and a strong regulatory foundation, IndiaBonds combines an intuitive user experience with robust risk and compliance protocols.

IndiaBonds’ aims at expanding its suite of fixed income products, integrating AI-powered investor tools, and exploring innovative offerings such as Shariah-compliant bonds. The company also aims to enhance automation and analytics across its platform to support smarter investment decisions at scale.

As the Indian investment landscape matures, fixed income is emerging as a critical asset class for risk-adjusted returns and portfolio stability.

Institutional funding is likely to be considered in 2026 as the company enters its next phase of strategic growth. For now, the focus remains clear: making bonds as mainstream as equities and delivering on the founding promise of a bond in every hand.

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 the 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.”