Legal Counsel

About Stable Money

Stable Money is India's leading fixed-income investment platform, on a mission to modernize how 230+ million Indians save and invest. Founded in 2022 and headquartered in Bengaluru, we've grown to over 30 lakh users who have collectively invested more than ₹5,000 crore across fixed deposits and other secure instruments, all in under three years.

Backed by $65 million in total institutional funding from marquee investors including Peak XV Partners, Z47, RTP Global, Fundamentum, and Lightspeed, we recently closed a $25 million Pre-Series C round to accelerate our next phase of growth. We're building the operating layer for how India saves — making fixed-income products transparent, accessible, and worthy of trust.

Our platform lets users book FDs without opening a savings account, access instant withdrawals, invest in short-term instruments (including 7-day FDs), and discover curated fixed-income portfolios through a digital experience designed around speed and clarity. We are deepening direct partnerships with banks and NBFCs, building on-ground presence in key cities, and expanding into adjacent savings products — all while maintaining the trust-first approach that has defined us since day one.

Our Founders

• Saurabh Jain is an IIT Bombay graduate who previously served as CEO of Navi Mutual Fund and led Swiggy's expansion into 500+ cities.
• Harish Reddy, also an IIT Bombay graduate, brings deep expertise in wealth product strategy, having led product strategy and tech implementation at Estee Advisors.
• Together, they bring extensive experience in wealth-tech businesses and complement each other in building a scalable, value-accretive business.

Role Purpose

To support the legal function by managing commercial contracting, legal documentation, legal research and selected product advisory work under the supervision of a senior legal counsel.

This role is intended to provide day-to-day legal execution support while developing expertise in financial services and regulatory legal matters.

Key Responsibilities

Commercial Contracting

Draft, review and negotiate commercial agreements including

• Vendor agreements
• Service agreements
• Non-disclosure agreements
• Technology and SaaS agreements
• Marketing agreements
• Partnership agreements
• Consultancy agreements
• Maintain contract trackers and obligation management systems.
• Monitor renewals, terminations and contractual commitments.

Product & Business Support

• Assist in legal review of product features, and workflows.
• Support preparation of legal notes and advisory memoranda.
• Conduct legal research on emerging regulatory and legal developments.

Documentation & Governance

• Maintain legal repositories and documentation records.
• Support policy drafting and periodic updates.
• Assist in preparation of board, committee and regulatory materials where required.

Regulatory Support

• Track regulatory developments affecting business operations.
• Prepare summaries of new laws, circulars and regulatory guidance.
• Support regulatory responses and information requests.

Experience & Qualifications

• 0–2 years of post-qualification experience.
• Freshers with strong internships in law firms, financial institutions or fintech companies may be considered.

Skills

• Strong drafting ability.
• Attention to detail.
• Good legal research capabilities.
• Ability to manage multiple stakeholders and deadlines.

Education

LL.B. from a recognised university.