Jupiter bags $15 million from existing investors at flat valuation of $600 million

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Bengaluru-based fintech startup Jupiter Money has raised $15 million (Rs 115 crore) in a fresh round of funding from existing investors Mirae Asset Venture Investments, BeeNext, and 3one4 Capital. Jupiter’s founder, Jitendra Gupta, also participated in his personal capacity in this round.

While the company did not disclose the valuation at which the new round took place, people in the know said that the deal was done at a flat valuation, as in its previous round.

The last fund infusion into Jupiter Money was back in 2021, when the company raised $85…



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Jupiter bags $15 million from existing investors at flat valuation of $600 million



Bengaluru-based fintech startup Jupiter Money has raised $15 million (Rs 115 crore) in a fresh round of funding from existing investors Mirae Asset Venture Investments, BeeNext, and 3one4 Capital. Jupiter’s founder, Jitendra Gupta, also participated in his personal capacity in this round.

While the company did not disclose the valuation at which the new round took place, people in the know said that the deal was done at a flat valuation, as in its previous round.

The last fund infusion into Jupiter Money was back in 2021, when the company raised $85…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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