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Jai Kisan, Fintech for Rural India Raises 30 Mn Dollar

Updated: Jun 3, 2021

Jai Kisan , Which has its headquarters in Mumbai has raised 30 Mn Dollar from Mirae Asset, Syngenta Ventures, and existing investors Blume, Arkam Ventures, NABVENTURES, Prophetic Ventures and Better Capital.

Jai Kisan has a product called Bharat Khata which gives loans to farmers in rural India

Jai Kisan will use the funding for growth of Bharat Khata and increase the penetration in Rural India

Founded by Arjun Alhuwalia in 2017 Jai Kisan is tapping the sector which is very underpenetrated by the banks, Arjun Alhuwalia who has completed his management eductation USA was working The Abraaj Group as Analyst

Jai Kisan doesn't have any direct competitors but Bankit a fintech startup providing financial services to rural india can be touted as a competitior