New Delhi, June 24 -- After mutual funds, individual stocks and popular fixed-income products such as fixed deposits, venture capital (VC) firms and India's wealthtech companies are clamouring to tap a new, relatively niche instrument that's been growing in popularity among investors of late - bonds.

Groww, Stable Money, Grip Invest and Wint Wealth are among companies that are riding the wave, looking to cash in on bond investments.

Grip Invest, a series A wealth-tech company, is in talks with Orios Venture Partners and existing investors to raise almost $8 million, two sources aware of the development told Mint. Wint Wealth is also exploring early conversations for its next round of funding with new backers, two sources said.

Also rea...