Blostem raises seed round led by AC Ventures to enhance its FD offerings and expand into banking products.
Blostem raises seed round led by AC Ventures to enhance its FD offerings and expand into banking products.
06/30/25, 9:39 AM
Location
new delhiMoney raised
₹40 million
Industry
blockchain
fintech
saas
Round Type
seed
Investors
Kapil Bharti, Mobikwik, Ac Ventures
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 Info
Location
new delhi, delhi, india
Additional Info
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.