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.