Jai Kisan has raised Rs 26.5 crore (approximately $3 million) in its extended Series B round. The funding was backed by existing investors including Unitary Fund, Mirae Asset, and Blume Ventures.
Apr 04, 2025•9 months ago
Amount Raised
$3 Million
Round Type
SERIES B
Investors
Blume VenturesMirae AssetUnitary Fund
Description
Rural fintech startup Jai Kisan has raised Rs 26.5 crore (approximately $3 million) in its extended Series B round from existing investors: Unitary Fund, Mirae Asset, and Blume Ventures. The investment comes as the company aims to enhance its offerings in providing credit for rural commerce. With a valuation of around $180 million post-allotment, Jai Kisan continues to support individuals and rural businesses in their financial needs. The company reported an operating revenue of Rs 39 crore for the fiscal year ended March FY24.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers