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Rural Fintech Startup Jai Kisan Nets INR 26.5 Cr From Existing Investors

  • Rural fintech startup Jai Kisan has raised INR 26.47 Cr (around $3 Mn) from existing investors Mirae Asset, Unitary Fund, and Blume Ventures.
  • Jai Kisan is a rural India-focussed neo bank that offers credit solutions in online and offline rural commerce environments.
  • The startup obtained an NBFC license in 2020 and aims to offer customized credit products to farmers and business customers by partnering with leading financial institutions.
  • In the fintech sector, Jai Kisan raised a total of INR 390 Cr ($50 Mn) in equity and debt as part of its ongoing Series B funding round.

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