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Employee Benefit Startup Jify Raises $10 Million In Funding From Accel, Nexus Venture Partners

Aug 03, 2022almost 3 years ago

Amount Raised

$10 Million

IndiaLendingFintechFinanceFinancial Services

Description

Employee financial benefits startup Jify said on Wednesday it has raised $10 million in funding from Accel and Nexus Venture Partners.

Company Information

Company

Jify

Location

India

About

The startup will utilise the fund to strengthen its fintech product offering, ramp up customer acquisition and drive adoption among the workforce. The startup claims this prevents employees from falling prey to predatory payday loans, which charge high-interest rates. Employee financial benefits startup Jify said on Wednesday it has raised $10 million in funding from Accel and Nexus Venture Partners. “This funding will provide Jify with the capabilities to scale within the Indian market.

Funding Insights

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