The company aims to redefine traditional banking norms with innovative solutions targeting savings and current accounts.
The newly secured funding will be allocated to enhance Curie Money’s core team, accelerate product development, scale its technology infrastructure, establish strategic partnerships, and expand the platform’s market reach and user base.
Speaking to CNBC-TV18, Arindam Ghosh, Co-Founder of Curie Money stated, “With this fundraise, the idea is definitely to grow the current user base that we have. We have just launched in beta and also plan to grow into segments like current accounts, which have received tremendous support from the market. Current accounts currently provide 0% interest to all holders, and we believe we can make a significant impact by offering much higher yields than traditional bank accounts.”
Curie Money has positioned itself as India’s first money market account, transforming conventional savings accounts into dynamic financial tools. The platform integrates fixed-income mutual funds into users’ savings accounts, allowing them to earn higher returns while retaining the functionality of traditional banking services.
“What we have built essentially is a way in which people can gain more out of their savings accounts by keeping their funds invested in fixed income mutual funds instead of lying idle in their bank accounts. This approach allows users to enjoy all the benefits of their savings accounts while maximising their earnings,” Ghosh explained.
In a separate development, India Accelerator, a seed-stage startup accelerator, has unveiled the launch of its 2025 cohort, with plans to invest between $8 million and $10 million to support 30-35 startups across transformative sectors. The initiative aims to help early-stage businesses turn innovative ideas into scalable, market-ready ventures.
The accelerator’s focus is on nurturing groundbreaking startups in sectors such as robotics, autonomous drones, electric vehicles (EVs), artificial intelligence (AI), renewable energy, and more. These sectors, according to India Accelerator, are poised for significant growth in the coming years.
Deepak Sharma, Co-Founder of India Accelerator, highlighted the current boom in India’s startup landscape, positioning it as one of the most opportune times to be a startup founder or investor.
“If you look at the Indian startup ecosystem, this is the most prominent time to be a startup founder as well as a startup investor. We are the third largest startup ecosystem in the world, with more than 1,00,000 startups,” said Sharma.
He further pointed to the over $15 billion in startup funding over the past decade and the recent success of Indian unicorns. In 2024 alone, 13 unicorns took exits, raising close to $4 billion from public markets, reinforcing the dynamism of the ecosystem.
India Accelerator’s 2025 cohort is designed to capitalise on this momentum. Through a partnership with FinVol, India Accelerator will be able to invest across multiple stages of startup growth, from seed funding to potential IPOs. The accelerator’s focus will be on transformative sectors with immense growth potential. These sectors include robotics, unmanned aerial vehicles (UAVs), energy, mobility, connectivity, and AI applications.
Specifically, India Accelerator is eyeing startups that specialise in autonomous drones for defense reconnaissance, agricultural monitoring, and logistics operations. Other targeted sectors include EV infrastructure, smart grids, voice AI, enterprise SaaS, productivity efficiencies, and cloud operations.
Additionally, social entrepreneurs are gaining global recognition, with India leading the charge, boasting over two million social entrepreneurs, as per reports. India’s social sector grew 13% annually over the last five years, contributing 8.3% to the GDP in FY23 amounting to around $280 billion. CNBC-TV18’s Aishwarya Anand highlights three social entrepreneurs who are transforming the lives of marginalised communities through employment, poverty alleviation, and sustainability.
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