The startup plans to use the funds to build its team for sourcing high-quality opportunities and strengthening its customer service. The company addresses a large market gap by offering diversified fixed-income products that can form a meaningful part of every investor’s portfolio over the next decade, especially in the current and forecasted macroeconomic scenario, Subramanian added. Founded in 2021 by finance professionals Saurav Ghosh and Vineet Agarwal, Jiraaf is a platform for high-yield alternative investment opportunities.