Jupiter raises Rs 20 crore ($2.4 million) in Series A funding led by Peak XV Partners and joined by Matrix Partners and QED Fund
Jupiter raises Rs 20 crore ($2.4 million) in Series A funding led by Peak XV Partners and joined by Matrix Partners and QED Fund
06/20/24, 8:17 PM
Location
mumbaiMoney raised
$2.4 million
Industry
banking
Investors
Bairavan Amrish Rau, Mirae Asset Venture Investments, Greyhound Capital Partners, Tiger Global, Global Founders Capital, Bee Accelerate Fund (Beenext), Qed Fund, Matrix Partners, Peak Xv Partners
Jupiter, a neobanking platform, has secured strategic funding for its NBFC business through a maiden equity round for Amica Finance. The company issued 97,89,529 Series A compulsory convertible preferred shares to raise Rs 20 crore or $2.4 million.
Company Info
Location
mumbai, maharashtra, india
Additional Info
Jupiter is an all things money app with one simple aim – to deliver a financial experience that keeps pace with you. We help you cut through the jargons, offer smart insights based on your spending, and provide you with a range of new-age features to enable you to make sense of your finances.