India’s Jai Kisan Raises USD50m Equity and Debt Series B First Tranche

Source(s): Livemint

India-based rural fintech Jai Kisan raised USD50m in equity and debt in the first tranche of its Series B round at a reported USD200-240m valuation. GMO Venture Partners, Yara Growth Ventures and DG Daiwa Ventures, as well as existing investors Blume Ventures, Arkam Ventures, Mirae Asset Capital and Snow Leopard Ventures invested equity. Northern Arc, Alteria and MAS Financial provided the debt funding.. Read more