<ul data-eligibleForWebStory="true">Online bond investment platform IndiaBonds raises Rs 32.5 crore ($3.77 million) in its first external funding round from individual investors.The funds will be utilized to enhance the digital platform and promote fixed-income investing in India.The company founders plan to utilize the capital for scaling up and seek institutional funding next year.IndiaBonds, founded by Vishal Goenka and Aditi Mittal in 2021, is registered with SEBI as an online bond platform provider.The platform allows retail and institutional investors to invest in various fixed-income products.The investment comes at a time of rising interest in bonds, with several fintech platforms like Stable Money and Groww focusing on bond investments.IndiaBonds introduced a bond yield calculator in 2022 to assist investors in pricing and yield calculations.