Jai Kisan raises $50mn in Series B round; claims to fuel rural growth

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Summary

"Jai Kisan aims to use the proceeds of the fundraise to expand product suite and enhance customer journey. The funding will also help accelerate the phenomenal growth of existing products, strengthen talent, and boost data science and engineering capabilities," the startup said. "Arjun Ahluwalia, Co-founder and CEO, Jai Kisan said, "We are proud to have come thus far in this journey of revolutionising financial services for rural India. It is due to the strong support of our network of customers and partners, and our extremely resilient team that we have been able to launch and scale such ground-breaking solutions. We will continue to build on the back of this support and create impact in this underserved space, leveraging creative new age solutions and keeping customer experience at the core of our beliefs."

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