ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/wealthtech-startup” target=”_blank”>Wealthtech startup Stable Money, which provides ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-fixed-return-investment” target=”_blank”>digital fixed-return investment products, has raised $20 million (Rs 173 crore) in a funding round led by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms”>Infosys cofounder data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/nandan-nilekani/profileshow/80229231.cms”>Nandan Nilekani’s ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/fundamentum-partnership” target=”_blank”>Fundamentum Partnership.
Existing backers Z47, RTP Global and Lightspeed, along with Aditya Birla Ventures, also participated in the round.
The Bengaluru-based company will use the fresh capital to expand its suite of wealth products and accelerate ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/customer-acquisition” target=”_blank”>customer acquisition by strengthening its distribution, cofounder Saurabh Jain told ET.
“In the last four or five…
