Digifinn (formerly BondsIndia) review

Is Digifinn the same company as BondsIndia?

Yes. BondsIndia was renamed Digifinn on 17th Sep 2026 and the legal entity, Launchpad Fintech Pvt Ltd, and its SEBI number INZ000296636 are unchanged (Digifinn, rebrand release). On 17th Oct 2026 bondsindia.com redirected to digifinn.com.

The exchange files have not caught up. NSE's list dated 14th Oct 2026 and BSE's file dated 24th Sep 2026 both still show the website as bondsindia.com, and BSE still prints a New Delhi address while NSE and the company show Churchgate, Mumbai. Even the start date varies: BSE says 15th Feb 2023, NSE says 5th Jun 2023, and Digifinn's own complaints register treats 25th Apr 2023 as its enablement date (NSE list, BSE list, complaints register). Our OBPP registry tracks both files.

What do you actually pay on Digifinn?

Digifinn says it charges zero brokerage and inserts no commissions into pricing, but it publishes no fee schedule and no per bond spread (FAQ, about). It does not say whether it sells from its own inventory. Its terms tell you to read the order receipt to see who the counterparty is, and they state that Launchpad Fintech or its group companies may have commercial interests in securities listed on the platform (terms).

The practical check is to compare the yield on the same ISIN across two platforms on the same day. Our FAQ on why the same bond shows a different yield explains how. For contrast, BondScanner states outright that it earns through spreads.

Where do your bonds sit, and can you sell before maturity?

Bonds bought on Digifinn go to your own demat with whichever DP you already use; its terms describe that account being used for pay-in and pay-out through the clearing corporation (terms). Trades settle through ICCL, BSE's clearing corporation, and the company says it set up with NSDL in 2021 (about). Whether Launchpad Fintech itself runs a DP is not confirmed.

There is no buyback or one tap sell feature on the pages we checked. Testimonials on the site describe buying and selling with named relationship managers, so an early exit means asking your RM to find a buyer (Digifinn). See can I sell a bond before maturity for how that works on the exchange.

What can you buy on Digifinn, and how much do you need?

The shelf covers PSU, corporate, tax-free, government, zero coupon, perpetual and green bonds, SDLs, SGBs, NCDs and NCD IPOs, plus market linked debentures and debt mutual funds (Digifinn, MLD page). The rebrand release adds 54EC bonds (release). We found no FDs or T-bills.

The minimum is unclear. The FAQ says investing typically starts at ₹1,000, the about page shows ₹10,000, and the site adds that minimums depend on the issuer and market lot (Digifinn, about).

How big is Digifinn, and do its numbers agree?

They do not. All figures below are self-reported, read on 17th Oct 2026:

The gap between ₹9,496 crore and ₹14,000 crore is not explained.

Who runs Digifinn, and has it been penalised?

Founder Ankit Gupta, a chartered accountant, started BondsIndia in March 2020; Bobby Singh is a director (about). The rebrand release names the Eshiruss Group as an institutional and technology partner and sets a plan for 50+ cities over 5 years, with a Tier III and IV focus (release).

We found no SEBI or exchange action against Launchpad Fintech. Its complaints register shows 5 complaints in 2023 to 2024, 3 in 2024 to 2025, 16 in 2025 to 2026 and 1 so far in 2026 to 2027, all resolved (complaints register).

BondsIndia was named by a blog among the platforms that sold TruCap Finance NCDs before CARE cut them to D on 18th Jul 2025; the issuer repaid with penal interest by 23rd Sep 2025 (Basunivesh, CARE, trustee report). The platform list rests on that secondary source.