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Stable Money To Raise INR 173 Cr In Fresh Funding Round
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Stable Money To Raise INR 173 Cr In Fresh Funding Round
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 existing investors Lightspeed India, Matrix Partners and RTP Global. As per its filings with the Registrar of Companies (RoC), the wealthtech startup has issued 10 equity shares and 51,914 Series B compulsorily convertible preference shares (CCPS) at an issue price of INR 33,34…
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