GoldenPi raises Rs 3.5 crore funding from Zerodha-backed Rainmatter Capital

GoldenPi, an online aggregator of bonds and debentures available in the secondary market, has raised Rs 3.5 crore in funding from Rainmatter Capital, a fund created by stock trading platform Zerodha to incubate fintech ideas.The startup, which was founded in 2017 by Abhijit Roy and Samir Pratihar, is looking to open up transactions in the bond and debentures market to retail investors and allows individuals to invest in the same at values as low as Rs 10,000.

GoldenPi curates a list of ‘AAA’ to ‘A’ rated bonds available in the secondary market for investing along with providing information on all available bonds to help investors make informed decisions. It also enables online transactions for investment in bonds.Its goal is to make available quality debt investing in the bond market easy and affordable.

Abhijit Roy, Co-Founder & CEO, GoldenPi said “Investor returns have been vastly limited by minimal interest rates of fixed deposits and volatility of the stock market. Through our platform, we’re opening up new investment options to the 70 million retail investor segment across the country"

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