Rural-focused fintech startup Jai Kisan has secured INR 26.47 Cr (approximately $3 Mn) in a fresh funding round led by its existing investors Mirae Asset, Unitary Fund, and Blume Ventures. The latest capital infusion reflects continued trust from backers in Jai Kisan’s mission to drive financial inclusion across India’s rural economy.
As per the company’s filings with the Ministry of Corporate Affairs (MCA), Jai Kisan allotted a total of 980 compulsory convertible cumulative preference shares (CCPS) under Series B6 to the investors at a…