Saurabh Jain is betting on the cautious Indian investor | Stable Money

In the very crowded fintech space, Stable Money is a startup standing out by focusing on a very basic and amazingly overlooked product - Fixed Deposits. 

The fact is that a lot more Indians use FDs to save than mutual funds or equity. It’s a product that does not need any consumer education or hard sell.

And there is a category of consumers who do active balancing of their FDs based on which bank is offering the best rate of interest. 

It is this unique insight that led Saurabh Jain to build a fintech platform for this type of customer, and within just one year of operation, they have already secured 10 million dollars of funding from some of the best VCs in India. 

In our conversation, Saurabh Jain shares how he figured out the whitespace, why he believes hiring a Chief of Staff early is crucial for founders and the key factors behind their rapid growth!

Other Ways to Listen:

Apple Podcast | Amazon Music | Google Podcast

Watch the entire conversation on YouTube

Additional readings:-

1.India’s first digital fixed-return investment platform Stable Money launched

2.How Stable Money is shining the spotlight on fixed deposits | Simply Save

3.Stable Money launches first fixed deposit marketplace

4.Digital fixed-return investment platform, Stable Money, unveiled

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Until the next founder's thesis📕,

Your host, AD