June 2

Rural Fintech Startup Jai Kisan Raises $30 Million in Series A Funding

Rural fintech startup Jai Kisan on Monday said it has raised $30 million (approximately Rs217 crore), in a combination of equity and debt, as a part of its Series A round of funding led by Mirae Asset.

New investor Syngenta Ventures, along with existing investors Blume, Arkam Ventures, NAB Ventures (NABARD), Prophetic Ventures and Better, also participated in the round. The debt capital was raised from Blacksoil, Stride Ventures and Trifecta Capital.

Source: Live Mint (link opens in a new window)

Agriculture, Investing
fintech, impact investing, rural development, startups