Trackk Raises $3.7 Million Led by Lightspeed to Re-imagine Investing for Young India

Aryan Jain, Vedant Gupte, Sidharth Takkar, Cofounders of Trackk

• Trackk is building for a growing base of young Indians entering financial markets for the first time

Trackk, Young India’s investment platform built for Gen Z investors, has raised $3.7 million in a seed funding round led by Lightspeed, with participation from Info Edge Ventures and angel investors including Gaurav Munjal, Roman Saini, Tanmay Bhatt, Varun Mayya, and Gaurav Kapoor.

The company will use the fresh capital to strengthen its broking infrastructure, expand product capabilities, accelerate user acquisition and customer onboarding, grow its team across key functions, and build additional financial products aimed at younger Indian investors.

Founded by Vedant Gupte, Siddharth Thakkar and Aryan Jain, Trackk is building a platform designed around how younger users discover and engage with financial markets. The company combines AI-led stock discovery, personalised user journeys and simplified execution tools to make investing more accessible for first-time investors.

Vedant Gupte, Co-Founder & CEO, Trackk said, “Younger investors today consume financial information very differently from previous generations. Discovery is increasingly happening through digital communities, creators and social platforms, but the investing experience itself still feels overly complex for first-time users. With Trackk, we are building a platform that simplifies participation in financial markets for young Indians while making the overall investing journey far more intuitive and accessible.”

Romit Mehta, Investor, Lightspeed said, “Trackk is building for a generation of investors whose relationship with financial products is fundamentally different from that of previous generations. The team has shown strong understanding of younger user behaviour and is creating a product experience that feels far more aligned with how new-age investors discover, learn and participate in markets.”

Chinmaya Sharma, Partner, InfoEdge Ventures, said, “Young Indians should have access to investing platforms that help them make informed financial decisions and build long-term wealth responsibly. As participation in the markets grows among GenZ users, there is a clear need for products that simplify investing, improve access to insights, and encourage disciplined capital allocation over speculative trading behaviour. We believe Trackk is building thoughtfully for this new generation of investors, and we are excited to back the team at Trackk.”

Trackk has seen strong adoption among younger investors, with nearly 90 per cent of its user base belonging to the Gen Z demographic and the average user age ranging between 20 and 24 years. The company is building toward a larger multi-asset financial platform spanning investing, wealth creation and broader financial products for young India.

In October 2025, Trackk became one of India’s youngest registered brokers following a felicitation by Sundararaman R, Managing Director & CEO of the Bombay Stock Exchange.

About Trackk:

Trackk is Young India’s investing platform, built for the Gen Z investor. Founded by Vedant Gupte, Siddharth Thakkar, and Aryan Jain, the company is focused on simplifying how younger Indians discover stocks and participate in financial markets through AI-led stock discovery, personalised investing journeys, and simplified investing and trading execution.

Today, nearly 90 per cent of Trackk’s users belong to the Gen Z demographic, with the platform’s average user age ranging between 20 and 24 years. Built around the evolving behaviour of younger investors, Trackk is focused on creating financial products for a generation that increasingly engages with investing through creators, communities, and digital platforms rather than traditional financial channels.

Backed by Lightspeed, Info Edge Ventures and angel investors including Gaurav Munjal, Roman Saini, Tanmay Bhatt and Varun Mayya, Trackk is building toward a larger multi-asset financial platform spanning investing, wealth creation, and broader financial products for young India. In 2025, the company became one of India’s youngest registered brokers following a felicitation by the Managing Director of the Bombay Stock Exchange.

About Lightspeed:

Lightspeed is a global multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer, Health, and Fintech sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 500 companies globally, including Anthropic, Acceldata, Carta, Cato Networks, Darwinbox, Epic Games, Faire, Grab, Innovaccer, Suno, Mulesoft, Mitral, Navan, Netskope, Nutanix, Physics Wallah, Razorpay, Redotpay, Rubrik, Skilld AI, Sharechat, Snap, OYO, Ultima Genomics, Zepto, and many more. Lightspeed’s emerging focus areas include Generative AI, Deep-tech, Climate, EVs, Agri-tech, B2B supply chain, and Frontier Tech. Lightspeed and its global team currently manage over $40 billion in assets under management across the Lightspeed platform, with investment professionals and advisors based in the U.S., Europe, India, Israel, and Southeast Asia. www.lsip.com

Investment Platform Stable Money raises $5M led by Matrix Partners India and Lightspeed

India's first of its kind Fixed-Return Investment Platform, Stable Money, raised $5 Million in a seed round led by Matrix Partners India and Lightspeed, with participation from Titan Capital, Mar Shot Ventures and prominent angel investors. The funds will be deployed to bolster senior leadership hiring, forge financial partnerships, build technology and develop a user-friendly mobile app for diversified fixed-return investment opportunities.

L-R: Mr. Harish Reddy and Mr. Saurabh Jain

The round saw participation from renowned angel investors including Kunal Bahl & Rohit Bansal (Co-Founders, Snapdeal), Harsha Majety (Co-founder and CEO of Swiggy), Sandeep Tyagi (Chairman & MD of Estee Advisors), Abhishek Goyal (Co-Founder of Tracxn), Madhusudanan (Co-founder of M2P Fintech), Ramakant Sharma (Founder of Livspace), and Revant Bhate (CEO of Mosaic Wellness).

Stable Money seeks to democratize fixed return asset investments for retail investors, offering access to Fixed Deposits, Debt Mutual Funds and bonds, along with a range of low-risk asset classes delivering inflation-beating results to enhance their financial prospects. Amidst a lack of innovation and technological transparency in the traditional fixed return assets, which constitute approximately 70% of Indian household savings (with around 45% in FDs), a significant opportunity arises to revamp and bridge the gap.

By offering access to high-interest rates in safe assets the company aims to seize this large market opportunity with diverse investment options from multiple banks on a single platform, addressing the needs of over 300 million Indians seeking attractive low-risk returns. With investments starting as low as Rs 1000 and no need of new bank accounts, Stable Money makes it inclusive and convenient for investors of all backgrounds to participate.

Stable Money is actively forging partnerships to establish deep collaborations with over 10 banks by the end of 2023. The goal is to integrate with 25 + banks and RBI regulated institutes by the end of 2024. These strategic alliances will ensure that investors receive their investment receipts directly from trusted partner banks and NBFCs upon booking, adding an extra layer of transparency and reliability to the investment process.

With the funds, Stable Money will develop a user-friendly mobile app for both iOS and Android, empowering users to effortlessly book FDs, explore diverse debt products, and gain access to premium, well-diversified fixed-return investment opportunities.

Commenting on the funding and the platform's vision, Saurabh Jain and Harish Reddy, Co-founders of Stable Money, stated, “We aim to revolutionize India's preferred asset class by reinventing Fixed Deposits. While equities and mutual funds are readily available on various platforms, we recognize the lack of opportunities for Fixed return products. Fixed Deposits have long been the top choice due to their safety from market volatility, simplicity, and rising interest rates. At Stable Money, our mission is to provide a secure portfolio that acts as a financial safety net during challenging times for Indian investors, offering safe investment options. Our journey begins with Fixed Deposits, where we bring the advantage of the current five-year high interest rates”.

Vikram Vaidyanathan, Managing Director, Matrix Partners India, shared - “Wealth tech is now a “pull” category for Indians with Indians trusting online platforms with their hard earned savings. As the Indian GDP explodes and the middle-income segment prospers, there is a need for tech-first wealth platforms but many will start with products that are familiar to them. Stable Money is enabling these retail investors to access a range of wealth products starting with stable fixed-income products like FDs ensuring a seamless experience. We believe we are at an inflexion point in India's wealth story and are excited to partner with Harish, Saurabh, the Stable Money team, as they build a truly world-class fintech organization!”

Shuvi Shrivastava, Partner, Lightspeed- “We are excited to partner with the mission driven Stable Money team as they work to pave the way for a more responsible and secure financial future for millions of Indian households. The experience of the founding team, and their drive for innovation and impact in a segment largely dominated by short-term trends, is energizing. Stable Money's approach will redefine the way people manage their hard earned money and grow their investments with trust, transparency and technology.”

While initially offering Fixed Deposits, the platform is planning to expand its services to include Mutual Fund products and Bonds in the near future.

About Stable Money:

Stable Money is a cutting-edge marketplace that specializes in providing individuals with reliable fixed-income investment opportunities. The platform explores FD interest rates from over 200+ esteemed banks, allowing customers to effortlessly manage and track their FDs using intuitive digital tools. With a strong emphasis on financial stability and user-friendly technology, Stable Money aims to empower investors and assist them in achieving their unique financial goals.

With an initial focus on fixed deposits, Stable Money aims to expand its offerings to include a diverse range of investment avenues in the future. By combining financial stability with user-friendly technology, Stable Money aims to create a trustworthy environment where customers can explore various investment opportunities.

Stable Money recognizes the criticality of effective FD management and monitoring, which is why it provides investors with user-friendly digital tools that empower them to oversee their investments with ease. These tools enable hassle-free transactions across various banks, ensuring utmost convenience for clients. Moreover, the company places great emphasis on maintaining high levels of security and transparency, offering customers a sense of reassurance and peace of mind as they engage in their investment activities on the platform.
Website link: https://stablemoney.in/
LinkedIn: https://www.linkedin.com/company/stable-money/


‍About Matrix Partners India:

Founded in 2006, Matrix Partners India invests in companies targeting the Indian consumer and enterprise market and has invested in several category-leading companies such as Razorpay(Payments), Five Star Business Finance (SME Lending), OneCard (Mobile-first credit card), Ola(Mobility), Ola Electric (Electric Vehicles), Dailyhunt (Local language platform), OfBusiness (B2B commerce, fintech), Oxyzo (Tech-enabled smart financing), Captain Fresh (B2B seafood marketplace), Country Delight (D2C dairy & fresh foods brand), GoKwik (E-commerce enablement platform), Jupiter (Neobank), MoEngage (Customer engagement platform), Mswipe(Mobile POS), Stanza Living (Tech-enabled student housing platform) and Zupee (Skill-based gaming) among others. Matrix Partners India has advisory offices in Bangalore, Delhi and Mumbai. Further information is available at www.matrixpartners.in. To know more about our investment philosophy & ideologies, check out the #MatrixMoments podcast series.

About Lightspeed:

Lightspeed is a global multi-stage venture capital firm focused on accelerating disruptive innovations and trends across sectors. Over the last two decades, Lightspeed has backed entrepreneurs and helped build companies of tomorrow including Snap, Hasura, OYO, Affirm, AppDynamics, Nutanix, Supabase, Darwinbox, Razorpay, Udaan, and more. Lightspeed’s global teams currently manage more than $18 Billion in investments across the global platform, with investment professionals and advisors in India, Silicon Valley, Israel, China, Southeast Asia, and Europe. Lightspeed has a long-standing and deep presence in India with offices and advisory teams based in Bengaluru, Mumbai, New Delhi and Singapore.
Website Link: https://lsvp.com/

Univest and Harbhajan Singh Collaborate for India’s 1st Investment Platform Enabling Right Investments With Timely Exits

Investing gets a ‘Turbo’ boost with Univest and Harbhajan Singh’s collaboration: India’s first investment platform enabling right investments with timely exits

Univest is a pioneering investment platform that is transforming the way investors engage with their portfolios. The fintech startup has partnered with Harbhajan Singh, former Indian cricketer renowned for his off-spin bowling and popularly known as the 'Turbanator'. Univest focuses on user engagement and leverages cutting-edge artificial intelligence (AI) technology to empower individuals to make informed investment decisions and achieve their financial goals. Within just a few months of launching its app, Univest has already gained over 500,000 users.

Univest recognizes that every investor is unique and understands the importance of catering to individual needs, not only in terms of making the right investments but also in timely exits from underperforming assets. Hence, our campaign focuses on highlighting our personalized investment management platform, which offers a diverse range of investment options tailored to your specific requirements. Moreover, we emphasize how individual investors can achieve higher returns by making timely exits from underperforming investments. Whether you're a beginner or an experienced professional looking to optimize your portfolio, Univest provides a seamless and intuitive platform that empowers you to achieve your investment goals.

Univest distinguishes itself from other platforms by recognizing the importance of strategic investments in promising opportunities and timely exits from underperforming assets. By utilising its AI-powered 'Buy-Sell-Hold' insights, users can achieve enhanced returns.

Additionally, Univest Pro empowers users to attain a ‘Pro’ level in stock market investing by equipping investors with valuable trade ideas from SEBI registered advisors irrespective of their trading style. The research team behind these trade ideas boasts over 75 years of trading experience. Pro users can also unlock perks like premium breakout screeners, quarterly portfolio review and a lot more perks. Another great offering, Univest Elite, offers a reliable avenue for investors to earn fixed and stable returns of up to 12% p.a., irrespective of market fluctuations with a track record of 100% timely payouts. Univest also eliminates the need for extensive research, as users can rely on the expertise of a personal investment app that guides them through every step of the investment process.

Pranit Arora, Avneet Dhamija, and Vikash Agrawal, the brilliant minds behind Univest, commented,”The narrative of the campaign effectively conveys the core elements of our platform in a concise yet impactful manner. We firmly believe that it will strike a chord with our intended audience, as we strive to address their investment woes and empower them to reach their financial goals through a single, comprehensive platform”

Sharing his experience as a regular Univest app user, Harbajan Singh conveyed his excitement about the platform's impact on his investment journey. “From timely exit signals for non-performing stocks in my portfolio to reliable trade ideas from SEBI registered advisors, Univest has become an essential tool in my investment journey. Not only this I am able to invest in high-income products which provide me with stable and higher returns of up to 12%. Impressed by the multitude of features provided, collaborating with Univest was an obvious choice for me, knowing it to be a valuable asset for investors seeking to maximise their returns.”

About Univest

Univest specialises in identifying lucrative investment opportunities and providing tailored investment ideas to match your investment style. With their remarkable growth and increasing popularity, Univest has emerged as a prominent player in the industry. Notably, their user retention rates rank among the highest in wealth management, acknowledged by the prestigious Global MMP standard and Appsflyer. Their latest campaign emphasises Univest's comprehensive platform, catering to all types of investors aiming to optimise their investment returns. The team's expertise, unwavering commitment, and support from influential angel investors have significantly contributed to the platform's success. They eagerly anticipate making a positive impact on the journeys of even more investors through this partnership.