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Outlet profile

INDmoney

Indian fintech platform (commercial; not a political news outlet)

Owned byPrivately held by its founders and venture investors. It operates through INDmoney Private Limited, based in Gurugram, India. Ashish Kashyap (founder of Ibibo Group and PayU India) and Nikhil Behl founded it in 2018. Investors include Tiger Global, Steadview Capital, Dragoneer, and Sixteenth Street Capital, plus angels such as Peyush Bansal and Ankur Warikoo.
FundingVenture capital: about $158 million raised over 4 rounds from about 24 investors. The last round was a $75 million Series D in January 2022, co-led by Tiger Global, Steadview and Dragoneer. Revenue comes from its financial products: commissions and distribution fees on mutual funds, stocks and other products, and fees on US-stock investing. Its educational and market content serves this business.
On the administrationmostly neutral

Background

INDmoney was founded in 2018 by Ashish Kashyap and Nikhil Behl, and it began as a tool for tracking all of a person's finances in one place. It later added investing in mutual funds, fixed deposits, Indian stocks and bonds, and US stocks, and it now calls itself a 'super money app'. US stock investing is offered under Indian remittance rules (the Liberalised Remittance Scheme), through a GIFT City entity regulated by India's IFSCA. In its Indian business it holds SEBI registrations, including as a stockbroker, a mutual fund distributor and a registered investment adviser. It raised $75 million in a Series D in January 2022 at a valuation reported at several hundred million dollars, bringing total funding to roughly $158 million. Its published content, such as guides on US-stock taxes and fees, is commercially motivated and written to attract users. Independent reviews have questioned whether free tools mainly serve as a way to sell products, so readers should treat its content as promotional rather than independent journalism. It has not been notable for partisan editorial positions. I could not verify any recent ownership changes or funding after 2022 from the sources I consulted.

Sources

  1. INDmoney raises $75M for its super finance app in India (TechCrunch)
  2. INDmoney lands funding for 'super money app' (FinTech Global)
  3. INDMoney - Company Profile, Funding & Investors (Tracxn)
  4. INDmoney Review 2026: Free Wealth App or Lead-Gen Funnel? (Foliyo)
  5. How to Invest in US Stocks from India (INDmoney)

Profile compiled 2026-10-19; refreshed when ownership, funding, or the administration changes.

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