Blostem raises seed round led by AC Ventures to enhance its FD offerings and expand into banking products.

Jun 30, 2025•6 months ago

Amount Raised

₹40 Million

Round Type

Seed

New DelhiFinanceFintechSaas

Investors

Kapil BhartiMobikwikAc Ventures

Description

Blostem has secured fresh seed funding from AC Ventures, raising a total of Rs 4 crore. The funds will be used to strengthen its fixed deposit offering and scale up transaction volumes. Co-founded in 2021, Blostem simplifies fixed deposit distribution for digital platforms. The Delhi-based startup aims to make fixed deposits accessible across various digital channels.

Company Information

Company

Blostem

Location

New Delhi, Delhi, India

About

Blostem builds the infrastructure & experience layer for fixed deposit distribution in India. Its plug-and-play infrastructure enables digital platforms — including brokers, payment apps, and wealth-tech players — to offer fully digital FDs from multiple banks & NBFCs through a single integration. The startup says that its platform is already being used by leading players like Mobikwik, Upstox and centricity wealth.

Related People

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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