Fixed income platform Jiraaf is set to raise nearly Rs 44 crore (approximately $4.7 million) in an extended Series B funding round from a mix of existing and new investors. This significant fundraise comes for the five-year-old startup after two and a half years.
According to its regulatory filing, the company will allot a total of 47,576 Series B5 compulsorily convertible preference shares (CCPS) with a face value of Rs 8,022 each, aggregating to Rs 38.16 crore.
Aspire Financial will infuse nearly Rs 20 crore, while Accel will invest Rs 18 crore in…

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