Jai Kisan has raised Rs 26.5 crore (approximately $3 million) in its extended Series B round. The funding was backed by existing investors including Unitary Fund, Mirae Asset, and Blume Ventures.
Jai Kisan has raised Rs 26.5 crore (approximately $3 million) in its extended Series B round. The funding was backed by existing investors including Unitary Fund, Mirae Asset, and Blume Ventures.
04/04/25, 8:39 AM
Location
mumbaiMoney raised
$3 million
Industry
fintech
finance
Round Type
series b
Investors
Blume Ventures, Mirae Asset, Unitary Fund
Rural fintech startup Jai Kisan has raised Rs 26.5 crore (approximately $3 million) in its extended Series B round from existing investors: Unitary Fund, Mirae Asset, and Blume Ventures. The investment comes as the company aims to enhance its offerings in providing credit for rural commerce. With a valuation of around $180 million post-allotment, Jai Kisan continues to support individuals and rural businesses in their financial needs. The company reported an operating revenue of Rs 39 crore for the fiscal year ended March FY24.
Company Info
Location
mumbai, maharashtra, india
Additional Info
Jai Kisan's platform is built to empower the growth of rural individuals and businesses. We provide low cost and timely financing to meet working capital requirements and for the purchase of agricultural equipment and other rural yield generational assets that is more flexible and transparent than any other credit option available today.