Rural fintech startup Jai Kisan has raised $30 million Series A funding led by Mirae Assets. Existing investors Blume Ventures, Arkam Ventures, NABVENTURES (NABARD), Prophetic Ventures, Better, other global investors, and prominent HNIs also participated in the round along with Syngenta Ventures. Blacksoil, Stride Ventures, and Trifecta Capital contributed the debt in the round.
The rural fintech startup said the funding will be used to hire talent and enhance engineering and data science capabilities, expand into new geographies, and start building an on-book portfolio.