Stable Money To Raise INR 173 Cr In Fresh Funding Round

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SUMMARY

The Fundamentum Partnership Fund will lead the investment round with an INR 86.5 Cr infusion

The Lightspeed India, Matrix Partners, and RTP Global will also participate in the round

Following the fresh fund infusion, Fundamentum will hold a 7.94% stake in Stable Money while Matrix will hold 18.97%

Bengaluru-based fintech startup Stable Money is set to raise INR 173 Cr ($20 Mn) in a fresh funding round led by The Fundamentum Partnership Fund, with participation from…



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Stable Money To Raise INR 173 Cr In Fresh Funding Round


SUMMARY

The Fundamentum Partnership Fund will lead the investment round with an INR 86.5 Cr infusion

The Lightspeed India, Matrix Partners, and RTP Global will also participate in the round

Following the fresh fund infusion, Fundamentum will hold a 7.94% stake in Stable Money while Matrix will hold 18.97%

Bengaluru-based fintech startup Stable Money is set to raise INR 173 Cr ($20 Mn) in a fresh funding round led by The Fundamentum Partnership Fund, with participation from…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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