June 17

Rural Fintech Startup Jai Kisan Raises USD$3.9 million From Nabard-Back Fund, Others

By Arjun Ahluwalia and Adriel Maniego

Jai Kisan, a Mumbai-based fintech platform, on Tuesday said it has raised Rs 30 crore funding from Arkam Ventures with participation of a fund backed by NABARD.

Founded by Arjun Ahluwalia and Adriel Maniego, graduates of Texas A&M University – who quit their jobs in private equity and restructuring firm, respectively, to move to India, Jai Kisan is a fintech platform for rural emerging markets that facilitates a suite of financial products to rural customers.

Photo courtesy of Martin Jernberg.

Source: ETRise (link opens in a new window)

Finance, Technology
fintech, rural development, startups