Aspero
Aspero is a SEBI-registered online bond platform that enables retail and HNI investors to buy corporate, government, municipal, and sovereign gold bonds, plus fixed deposits, through a zero-fee, fully digital marketplace with mobile and partner-advisor channels.
- Company typePrivate
- Founded2021
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Aspero does
Aspero (formerly Credavenue Securities Private Limited) is a Chennai-headquartered, SEBI-registered Online Bond Platform Provider that facilitates direct retail and HNI investment in Indian fixed-income instruments. The platform aggregates corporate bonds, government securities, municipal bonds, sovereign gold bonds, tax-free bonds, and fixed deposits — over 30 live instruments at last disclosure — and has facilitated more than ₹17,000 crores in cumulative bond sales since inception. It operates under a stacked licence set including Stock Broker, Depository Participant, Merchant Banker, and Research Analyst, and connects to exchange RFQ systems (NSE/BSE) for price discovery and execution.
The business model is anchored on a zero-fee retail proposition, monetising instead through issuer-side placement economics, secondary-market spreads, and value-added services to its Wealth Partners (IFAs, RIAs, family offices). Onboarding is fully digital with paperless KYC, and distribution is delivered through a web platform, iOS and Android mobile applications, and a partner channel that extends reach into the advisor-served HNI segment. The product breadth — spanning primary issuance, secondary trading, and adjacent fixed-income products — positions Aspero as a full-stack retail bond marketplace rather than a single-purpose broker.
Aspero is backed by a high-quality investor syndicate (Peak XV, Lightspeed, Insight Partners, Dragoneer, Lightrock, TVS Capital) and operates with a 51–100 employee base, indicating an early-scale organisation using venture capital to subsidise user acquisition while building licenced infrastructure that competitors cannot easily replicate.
Aspero firmographics
Firmographics- Name
- Aspero
- Legal name
- Aspero Markets Private Limited
- Website
- https://aspero.in
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Aspero is a SEBI-registered online bond platform that enables retail and HNI investors to buy corporate, government, municipal, and sovereign gold bonds, plus fixed deposits, through a zero-fee, fully digital marketplace with mobile and partner-advisor channels.
- Ownership category
- akta.pro rank
Aspero industry classification
Industry- Product category
- Retail Fixed Income Investment Services
- NAICS
- Investment Banking and Securities Intermediation (52315), Securities and Commodity Contracts Intermediation and Brokerage (5231), Portfolio Management and Investment Advice (523940)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Emerging Markets Debt (Hard & Local Currency) (FSACABAJ)
Keywords
Where Aspero is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Aspero business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Bond Transaction Facilitation: Platform facilitates buying and selling of corporate bonds and fixed income securities. No transaction fees or commissions charged to investors — the platform likely earns from listing fees charged to bond issuers or through integration/arrangement fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Retail Investor Tier - Basic Access |
| Freemium | Pay-as-you-go | Fixed Deposits alongside bonds |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Aspero product offering
Product offeringCore offering
Aspero operates a SEBI-registered Online Bond Platform Provider (OBPP) that enables retail investors in India to discover, evaluate, and invest in corporate, government, municipal, sovereign gold, and other fixed income securities. The digital platform offers curated bond listings across AAA to BBB ratings with tenures from 6 months to 6 years, zero commissions, and minimum investments starting from ₹300. The service is delivered through web and mobile applications with integrated NSE/BSE RFQ connectivity for secondary market trading.
Product overview
Aspero is a single unified investment platform serving as India's premiere fixed income investment platform. The core offering is the Aspero Investment Platform, which enables retail investors to discover, evaluate, and invest in bonds and fixed income securities. The platform features a Bond Investment Service with 30+ bonds across categories, complemented by a Fixed Income Academy for educational content. Additional tools include a Bond Price Calculator. The platform also offers Fixed Deposits alongside bonds. The product portfolio includes multiple bond types: Corporate Bonds, Government Bonds, Sovereign Gold Bonds, Tax-Free Bonds, Capital Gain Bonds (54EC), Zero Coupon Bonds, Municipal Bonds, PSU Bonds, Convertible Bonds, Deep Discount Bonds, Perpetual Bonds, Covered Bonds, Secured Bonds, RBI Bonds, AAA Rated Bonds, and 54EC Capital Gain Bonds. Users can access the platform via web or mobile app (iOS/Android). The platform is regulated by SEBI as a registered OBPP (Online Bond Platform Provider), Stock Broker, Depositary Participant, Merchant Banker, and Research Analyst.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Facilitated bond sales worth over ₹17,000 crores
- +2 more outcomes
Companies that use Aspero
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles2 records
Aspero technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Aspero partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
Aspero competitors and assessment
Company assessmentDirect peers
- Wint Wealth: Indian retail bond platform offering curated fixed income products (corporate bonds, government securities, FDs) to retail investors with similar zero/low-fee model and min ticket size. Most directly comparable competitor in the OBPP category.
- GoldenPi: SEBI-registered Online Bond Platform Provider offering retail investors access to corporate bonds, NCDs, and government securities. Competes with Aspero for both retail users and bond issuer listings.
- INDmoney: Indian multi-product investment super-app offering mutual funds, stocks, fixed deposits, US stocks, and bonds. Competes with Aspero's retail fixed income offering while providing broader portfolio context.
- Grip Invest: Indian SEBI-registered platform offering curated fixed income and alternative investment products (bond Yields, asset leasing, startup equity) to retail investors. Comparable in product philosophy (low ticket size, curated yield-bearing instruments).
Broad incumbents
- Groww: India's largest retail investment platform by users, offering mutual funds, stocks, FDs, and US stocks. Adding bonds to its product set represents a competitive threat to standalone bond platforms like Aspero.
- Zerodha: India's largest discount broker with ~6M+ active clients and deep retail investor footprint. Recently expanded into bonds and other fixed income — competes with Aspero as a broader incumbent adding bonds rather than a bond specialist.
- Kuvera: Indian direct mutual fund and fixed income investment platform serving retail investors with research-led content and goal-based planning. Overlaps with Aspero on fixed income and retail investment advisory.
- Upstox: Major Indian discount broker with mobile-first retail positioning similar to Aspero. Has been expanding product breadth into fixed income and other categories adjacent to equity trading.
- Paytm Money: Investment platform from Paytm offering mutual funds, stocks, NPS, and bonds. Leverages Paytm's massive distribution base to serve retail investors across multiple asset classes including fixed income.
Others
- Fixed Income (by Yubi/Trust Fintech): Corporate-facing debt capital markets and fixed income infrastructure platform (parent/sibling ecosystem of Aspero given prior Credavenue relationship). Provides adjacent enabling infrastructure for bond issuance and distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Aspero social profiles
Digital presenceAspero financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aspero leadership team
Management profileNumber of profiles
Profiles2 records
Aspero funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aspero M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aspero
What does Aspero do?
Aspero operates a SEBI-registered Online Bond Platform Provider (OBPP) that enables retail investors in India to discover, evaluate, and invest in corporate, government, municipal, sovereign gold, and other fixed income securities. The digital platform offers curated bond listings across AAA to BBB ratings with tenures from 6 months to 6 years, zero commissions, and minimum investments starting from ₹300. The service is delivered through web and mobile applications with integrated NSE/BSE RFQ connectivity for secondary market trading.
Is Aspero a public or private company?
Aspero is a private company. It is classified as venture growth investor backed and is currently operating.
When was Aspero founded?
Aspero was founded in 2021. It employs 11 to 50 people.
Where is Aspero based?
Aspero is headquartered in Mumbai, India, in the Asia region.
How does Aspero make money?
One revenue line is on record: bond Transaction Facilitation.
Who are Aspero's main competitors?
Direct peers on record are Wint Wealth, GoldenPi, INDmoney and Grip Invest. Broad incumbents are Groww, Zerodha, Kuvera, Upstox and Paytm Money. Fixed Income (by Yubi/Trust Fintech) is listed as an others.
Does Aspero have an API?
No public API is recorded for Aspero.
What industry is Aspero in?
Aspero's product category is Retail Fixed Income Investment Services. Its primary akta.pro industry code is FSACABAJ, Emerging Markets Debt (Hard & Local Currency). Its NAICS code is 52315 and its SIC code is 6211.