Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

July 30, 2025

Enhancing Automation: AI in Finance Awards 2025

July 30, 2025

Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.

July 30, 2025

Google remains silent on whether the UK secretly asked for a compromised door to access user data.

July 30, 2025
Facebook X (Twitter) Instagram
Trending
  • London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.
  • Enhancing Automation: AI in Finance Awards 2025
  • Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.
  • Google remains silent on whether the UK secretly asked for a compromised door to access user data.
  • Kuvi.ai introduces the private beta release of its agency financing system.
  • File downloads, live video searches, and additional features
  • A Driver of Financial Control Centered on AI
  • Exploring the Challenges of a Unsuccessful Proposal in a Turbulent Fintech Environment
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    The Journey of Sofi: Transitioning from Student Loans to Fintech Dominance

    July 25, 2025

    This Week in Fintech: Biweekly News Summary for June 24

    July 19, 2025

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025
  • AI

    Enhancing Automation: AI in Finance Awards 2025

    July 30, 2025

    Kuvi.ai introduces the private beta release of its agency financing system.

    July 30, 2025

    A Driver of Financial Control Centered on AI

    July 30, 2025

    Confidence emerges as the primary barrier to the integration of AI agents in finance and accounting, despite positive attitudes toward the technology.

    July 29, 2025

    AIIA Finance collaborates with Spheron to revolutionize AI-driven infrastructure in DeFi.

    July 29, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Exploring the Challenges of a Unsuccessful Proposal in a Turbulent Fintech Environment

    July 29, 2025

    European fintech company Tractial boosts its Bitcoin holdings to 25.03 BTC, highlighting trends in institutional cryptocurrency adoption.

    July 24, 2025

    Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

    July 24, 2025

    Trends in Fintech and Key Safety Considerations

    July 22, 2025

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025
  • Insights

    Co-founder of Wise claims £10 billion fintech misled investors

    July 29, 2025

    Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

    July 23, 2025

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025
  • Rumors

    Hang Seng Electronic denies claims of partnership with anti-establishment groups as stock exchange declines by 0.17%

    July 29, 2025

    Kakaopay Stock Halted Amid Concerns Over Stablecoins

    July 26, 2025

    JPMorgan’s new fintech fees are provoking a response from the industry.

    July 26, 2025

    Bitcoin Surged 2.00% in 24 Hours Amid Trump’s Cryptographic Market Rumors

    July 26, 2025

    A rapidly expanding fintech amid high valuations and future profits

    July 25, 2025
  • Startups

    London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

    July 30, 2025

    Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.

    July 30, 2025

    Google remains silent on whether the UK secretly asked for a compromised door to access user data.

    July 30, 2025

    File downloads, live video searches, and additional features

    July 30, 2025

    Zaggle purchases the fintech startup Rio.Money for Rs 22 crore.

    July 29, 2025
  • finjobsly
fintechbits
Home » Mumbai-based fintech startup Jai Kisan secures 26.5 crore in funding, according to reports.
Startup News

Mumbai-based fintech startup Jai Kisan secures 26.5 crore in funding, according to reports.

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Gob78pngvdazy3aijlz0.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Jai Kisan Secures ₹26.5 Crores in Extended Series B Funding Round

Jai Kisan, a Mumbai-based fintech startup specializing in rural financial solutions, has successfully raised ₹26.5 crores (approximately $3 million) in an extended Series B funding round. This funding round saw the participation of existing investors, including Mirae Asset Venture Investments and Blume Ventures, further solidifying Jai Kisan’s mission to transform financial access in India’s rural sectors.

The company’s Board of Directors passed a special resolution to issue 980 compulsory cumulative preference shares (CCPs) at an issue price of ₹2,713 per share, as reported by Entrackr, citing regulatory filings from the Registrar of Companies (ROC). The new capital injection is expected to bolster Jai Kisan’s ongoing initiatives in delivering innovative financial services tailored for underserved communities.

Investment Breakdown

The funding round was predominantly led by Mirae Asset, which contributed ₹12.5 crores. This was closely followed by another investment of ₹12 crores from the existing unit fund, while Blume Ventures participated with a ₹2 crore investment. This influx of capital aims to enhance Jai Kisan’s capabilities in providing digital credit and financing solutions to individuals and small businesses in the rural economy.

Understanding Jai Kisan’s Mission

Founded in 2017 by Arjun Ahluwalia and Adriel Maniego, Jai Kisan operates at the confluence of financial services and rural commerce. The startup focuses on delivering crucial financial products to individuals and small enterprises engaged in agriculture and rural activities. These sectors often lack adequate access to traditional banking services, and Jai Kisan aims to bridge this gap through its digital platform.

The startup’s platform facilitates both online and offline credit transactions and tailors its financial services to meet the unique needs of local communities where formal banking options are scarce. By leveraging technology, Jai Kisan is enabling rural populations to gain better access to necessary financial resources.

Financial Performance and Growth Trajectory

For the fiscal year ending March 2024, Jai Kisan has projected an operating income of ₹39 crores. However, the company anticipates a loss of ₹51 crores during the same period. Despite facing challenges, Jai Kisan’s strategic focus on rural financing continues to attract investors, signaling confidence in its long-term growth potential.

Future Prospects and Market Impact

As Jai Kisan continues to grow, it aims to expand its reach and further innovate in the fintech space. The infusion of funds from the latest funding round will be instrumental in scaling operations, enhancing technology, and increasing its market presence in rural India. With a commitment to improving financial literacy and access, Jai Kisan is poised to make a significant impact on the rural economy.

In conclusion, Jai Kisan’s recent funding success reflects the increasing investment interest in fintech solutions that cater to underserved markets. With its mission to bring transformative financial services to rural India, Jai Kisan is paving the way for greater financial inclusion and economic growth within these communities.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

July 30, 2025

Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.

July 30, 2025

Google remains silent on whether the UK secretly asked for a compromised door to access user data.

July 30, 2025
Leave A Reply Cancel Reply

Latest news

London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

July 30, 2025

Enhancing Automation: AI in Finance Awards 2025

July 30, 2025

Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.

July 30, 2025
News
  • AI in Finance (1,411)
  • Breaking News (159)
  • Corporate Acquisitions (65)
  • Industry Trends (182)
  • Jobs Market News (297)
  • Market Insights (193)
  • Market Rumors (258)
  • Regulatory Updates (154)
  • Startup News (948)
  • Technology Innovations (156)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,411)
  • Breaking News (159)
  • Corporate Acquisitions (65)
  • Industry Trends (182)
  • Jobs Market News (297)
  • Market Insights (193)
  • Market Rumors (258)
  • Regulatory Updates (154)
  • Startup News (948)
  • Technology Innovations (156)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.