🧔♂️ A friendly human may check it before it goes live. More news here
Mirae Asset leads $3m funding round in Indian fintech startup
Rural fintech startup Jai Kisan has secured 26.47 crore rupee (US$3 million) in funding from existing investors Mirae Asset, Unitary Fund, and Blume Ventures.
Mirae Asset invested 12.48 crore rupee (US$1.46 million), Unitary Fund put in 11.90 crore rupee (US$1.39 million), and Blume Ventures contributed 1.99 crore rupee (US$139,184).
Founded in 2020 by Arjun Ahluwalia and Adriel Maniego, Jai Kisan offers credit solutions for rural commerce.
In August 2024, it acquired an Non-Banking Financial Company (NBFC) license through a majority stake in Kushal Finnovation Capital. Jai Kisan operates in 11 states, serving 800,000 farmers and working with 100,000 rural businesses.
Its Bharat Khata digital lending platform has reached over 5 million customers.
In 2022, the startup raised 390 crore rupee (US$50 million) in equity and debt in its series B round, backed by investors like Arkam Ventures, DG Daiwa Ventures, and GMO Venture Partners.
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.




