India-based investment platform Jiraaf raises $7.5 million in funding

India-based investment platform Jiraaf raises $7.5 million in funding
Photo by Jamie Street / Unsplash

Jiraaf, an India-based alternative investment platform for fixed income has raised $7.5 million in its new funding round led by Accel Partners, Mankekar Family Office based in Mumbai, and Aspire Family Office.

  • The funds will be used to develop its team, attract high-quality opportunities, and improve its customer service, it claims.
  • Founded in 2021, Jiraaf is a platform for high-return alternative investment opportunities.
  • The firm offers non-market linked investment opportunities between 8% and 20%, lasting within 30 days and three years.
  • Sidharth Shah, Ramakant Shamah, Anuj Jhaveri, and Shantanu Garg participated in the round as angel investors.