---
title: 'GM - Growth & Retention at Stable Money'
canonical: 'https://feeny.ai/job/gm-growth-retention-stable-money-bengaluru-qrsd4chm57nc'
type: 'job'
last_seen: '2026-09-11'
---

# GM - Growth & Retention at Stable Money

- **Company:** Stable Money
- **Location:** Bengaluru, India
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-08-19
- **Last confirmed live:** 2026-09-11
- **Apply:** https://jobs.lever.co/stable-money1/2516d9d2-0e26-4387-9736-d7f0aa977cbe

## Job description

## About Stable Money

Stable Money is India’s leading fixed investment platform. It is a marketplace which helps customers discover and invest in high-quality fixed-income products such as Fixed Deposits (FDs), RD, Bonds, Credit Cards, Mutual Funds from trusted institutions. Stable Money has 30 lac+ trusted investors, 2000cr+ bookings since inception and is backed by marquee investors such as Z47, Lightspeed, Fundamentum, Matrix Partners, RTP Global to name a few

Role: Growth & Retention: General Manager

Job Description:

Candidate has 2 mandates: Monthly Transacting users (MTU): Break and drive each part of the funnel: New user conversion, Repeat user retention, Dormant user reactivation. LTV: Improving the LTV of every user acquired on the platform: frequency building and Cross-sell Roles & Expectations: MTU:Planning & governance of the metric – Breakup of the metric (Cohort, Traffic, Conversion), Inputs which influence the metric and Daily/Weekly trendsSolutioning on Product nudges in discovery behaviours across the entire journey on the appAnalytical framework to understand Traffic breaking by multiple user-segmentsEnd to end ownership: Do what it takes to move the metric by working with stakeholders across Marketing, Comms, Merchandising, Product and Category to move the metricPlan for backup plans if metric is not on Track LTV: Define the LTV across multiple categories Break problem statement into sub-problems and drive it by working with owners of each sub-metric Cohort-wise tracking and solutioning to improve the metric

Preferred Candidate: 3-4 years of post-MBA or 5-6 years of post UG work experience across Management Consulting (or) Consumer strategy / Consumer facing Product in Consumer tech companies First-principled thinking: building hypotheses of factors influencing target metric, learnings from past successful/ failed experiments and designing new solutions. Consumer thinking to design consumer-backward offerings/ purpose-built journeys Data-first thinking to interpret trends and conclude insights post bias-removal. Should have a P&L thought process, trade-offs that need to be made and impact of various decision Strong execution rigour - bias for action while also being comfortable in ambiguous environments Ability to effectively communicate across stakeholders across functions and positions Has worked in a cross functional environment having managed stakeholders including peers, seniors, juniors on whom there is high dependency to deliver one’s own goals

## About Stable Money

## Company Overview
- **One-liner**: Stable Money is an Indian fixed-income investment platform that lets users discover, compare, and book digital fixed deposits, bonds, and other low-volatility wealth products from a single app.
- **Entity Type**: Private (Series C, venture-backed)
- **Headquarters**: Bangalore, Karnataka, India (with a registered presence in the United States)
- **Founded**: 2022
- **Founders**: Saurabh Jain (Co-Founder & CEO), Harish Reddy (Co-Founder), Lokesh Pawar (Co-Founder)

## Core Business
- **Primary industry**: Fintech / Financial Services — specifically fixed-income and wealth management (digital FDs, bonds, secured credit cards, gold & silver mutual funds).
- **Target customers**: B2C retail investors in India — salaried individuals and first-time investors seeking predictable, low-risk returns; also B2B partnerships with banks and NBFCs distributing deposits.
- **Mission statement**: "Make fixed-income investing accessible, transparent, and stress-free — offering predictable returns so you can plan life with confidence." The company's stated philosophy: "Wealth isn't built through hype—it's built through habit."

## Products & Services
- **Stable Money App (stablemoney.in)**: Core platform for comparing and booking fixed deposits across multiple banks and NBFCs, with a digital end-to-end booking experience. Also offers secured credit cards and gold/silver mutual funds.
- **Stable Bonds (stablebonds.in)**: SEBI-regulated bond marketplace offering fixed-return bonds for investors who prefer predictable income over market volatility.
- **Wealth management / advisory services**: In-person "Stable Wealth Manager" roles and relationship management suggest a hybrid digital + human advisory model being rolled out across Indian cities.

## Market Standing
- **Valuation**: Not publicly disclosed (Tracxn lists a redacted valuation figure).
- **Key Metric — Total Funding**: $65.1M–$79.8M (conflicting reports; see below).
- **Annual Revenue**: Conflicting reports — $4.8M per one database, vs ₹100–₹500 Cr (approx. $12–$60M) per Tracxn for FY2025.
- **Funding history** (per search data):
  - Seed (Feb 2023): $5.0M — 12 investors, led by Lightspeed India Partners, Z47
  - Seed (Jul 2024): $14.8M — 3 investors, led by RTP Global, Z47
  - Series B (Jun 2025): $20.3M — 6 investors, led by Fundamentum
  - Series C (Feb 2026): $25.0M — 4 investors, led by Peak XV Partners
  - Tracxn additionally reports a Series C round on Aug 4, 2026, bringing total to $79.8M across 5 rounds — this conflicts with the $65.1M total above and should be treated as a **conflicting report**.
- **Notable Investors/Partners**: Lightspeed India Partners, Z47, RTP Global, Peak XV Partners, Fundamentum; 14 institutional investors and 9 angel investors total.
- **Growth Signals**:
  - Expanding to new cities across India with local market-building hires (Aug 2026 LinkedIn post).
  - Headcount growth of ~1.2% monthly; 140 employees (per primary data) with technical staff at ~16% of workforce.
  - Strong talent inflow from BYJU'S, Navi, Groww, Bandhan Bank, Amazon, Games24x7 — signals experienced fintech/consumer hiring.
  - Founders' net worth reported at INR 505 Cr as of Feb 2026 (Tracxn).
- **Risk signal**: AMFI suspended Stable Money's mutual fund distribution business for 6 months in June 2026 (Entrackr via Tracxn) — a regulatory flag worth monitoring for prospective hires.

## Competitive Advantages
- **Category focus on "boring" fixed income**: Positioned against hype-driven investing; owns a clear niche in FDs, bonds, and secured credit — a segment with less competition than equity/wealth-tech.
- **Multi-product fixed-income suite**: Aggregates FDs across banks/NBFCs, offers SEBI-regulated bonds, and adds gold/silver mutual funds — creating a one-stop shop for conservative retail investors.
- **Strong investor backing**: Peak XV, Lightspeed, RTP Global, and Fundamentum provide both capital and credibility.
- **Founder-led with significant skin in the game**: Founders own ~31.5% of the company; ESOP pool of ~5.2% signals employee ownership upside.
- **Regulatory infrastructure**: Operates through multiple regulated entities (Stable Finserv, Stable Broking, Stable-Alpha Technologies), suggesting serious compliance architecture for a startup.

## Strategic Focus
- **Geographic expansion**: Actively hiring general managers and market leads to enter new Indian cities (0→1 market building).
- **Distribution build-out**: Adding in-person relationship/wealth management roles alongside the digital app — a hybrid model to win trust with conservative investors.
- **Product breadth**: Deepening the fixed-income catalog (bonds, secured credit, gold/silver funds) rather than expanding into volatile asset classes.
- **Growth & retention**: Dedicated GM-level role for growth and retention signals a push on lifecycle management and repeat investment behavior.

## Why Work Here
- **Mission-driven culture**: The company explicitly brands itself as anti-hype and pro-compounding — a values-led environment for people who care about financial inclusion and sensible investing.
- **Early-stage ownership**: Series C with a 5.15% ESOP pool and a founder-led team means meaningful equity upside for early joiners.
- **Fast-moving, expanding scope**: Hiring across product, legal, compliance, content, growth, and city leadership — an opportunity to define processes from 0→1 in new markets.
- **Work environment**: On-site/in-office culture in Bengaluru (HSR Layout area) — Built In lists "OnSite Workspace" with employees working from physical offices. Several current openings are Bengaluru-based; new roles are also opening in Delhi and other Indian cities.
- **Talent density**: Team draws from top Indian consumer internet and fintech companies (BYJU'S, Navi, Groww, Amazon, Bandhan Bank), and alumni go on to Amazon, Oracle, Meesho, slice — indicating strong career trajectory either way.
- **AI-assisted hiring**: The company uses AI tools to support resume screening and application review, but states final hiring decisions are made by humans — transparency worth noting for candidates.
- **Notable perks/context**: No public details on remote flexibility or traditional perks; the emphasis is on growth, ownership, and in-person collaboration.

## Sources
1. [Tracxn — Stable Money Company Profile](https://tracxn.com/d/companies/stable-money/__IvrD7ydWUCjwXIiFe9Te8zYZdvARnOtz9SK3Z3b_9S0)
2. [Built In — Stable Money Careers, Perks + Culture](https://builtin.com/company/stable-money)
3. [LinkedIn — Stable Money](https://linkedin.com/company/stable-money)
4. [Lever — Stable Money Careers](https://jobs.lever.co/stable-money1)
5. [Datanyze — Stable Money Company Profile](https://www.datanyze.com/companies/stable-money/566157893)

## Other roles at Stable Money

- [Cluster Head - Delhi](https://feeny.ai/job/cluster-head-delhi-stable-money-bengaluru-ys7tdmjqx620) — Bengaluru, India
- [Relationship Manager](https://feeny.ai/job/relationship-manager-stable-money-bengaluru-d121xyh6ejm1) — Bengaluru, India
- [Cluster Head - Patna](https://feeny.ai/job/cluster-head-patna-stable-money-patna-nxpv9d3nha6m) — Patna, India
- [Cluster Head - Rest of UP](https://feeny.ai/job/cluster-head-rest-of-up-stable-money-uttar-pradesh-gr5d5p30xa18) — Uttar Pradesh
- [Cluster Head - Rest of Karnataka](https://feeny.ai/job/cluster-head-rest-of-karnataka-stable-money-bengaluru-c489kxn8yg9k) — Bengaluru, India
- [Cluster Head - Dehradun](https://feeny.ai/job/cluster-head-dehradun-stable-money-dehradun-smjznggsstw0) — Dehradun, India
- [New User Acquisition & Growth](https://feeny.ai/job/new-user-acquisition-growth-stable-money-bengaluru-dhz46rmpm6yf) — Bengaluru, India
- [GM - Merchandising](https://feeny.ai/job/gm-merchandising-stable-money-bengaluru-r13tj3jsd9g1) — Bengaluru, India
- [Market Research Intern](https://feeny.ai/job/market-research-intern-stable-money-bengaluru-kcf83g33d60y) — Bengaluru, India
- [Program Manager](https://feeny.ai/job/program-manager-stable-money-bengaluru-xn2bzpc8tppd) — Bengaluru, India