Outlet profile

INDmoney

Indian fintech platform — not a news outlet

Owned byPrivately held; founded by Ashish Kashyap (former Google India Country Manager and ibibo Group founder); major institutional investors include Steadview Capital (~37% stake), Tiger Global Management (~18%), and Dragoneer Investment Group (~4%)

FundingVenture capital — raised approximately $158 million across four funding rounds (Series A through Series D); latest disclosed round was $86.2 million in January 2022 at a ~$640 million valuation; no subscription revenue or advertising model as primary funding source

On the administrationmostly neutral

Background

INDmoney was founded in 2019 by Ashish Kashyap, who previously co-founded the ibibo Group (Goibibo, redBus) and PayU India. The platform launched initially under the name INDwealth as an AI-driven wealth management and net-worth tracking tool. It evolved into a broader 'super money app,' adding commission-free mutual fund investing, Indian and U.S. stock trading, fixed deposits, and digital neo-banking services. By 2022 it had grown to five million users; by 2023, over ten million. Its major funding came from Steadview Capital and Tiger Global in a 2022 Series D round. The company publishes a blog and YouTube channel with financial education content but does not operate as a journalistic news organization — it has no newsroom, editorial board, or political coverage. Any characterization of it as a 'news outlet' is a misidentification; it is a regulated Indian fintech platform.

Sources

Profile compiled 2026-07-20; refreshed when ownership, funding, or the administration changes.

← Back to track record