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# Indian fintech startup Jai Kisan secures $50 million in funding
- URL: https://www.techloy.com/indian-fintech-startup-jai-kisan-secures-50-million-in-funding/
- Published: 2022-07-29T11:27:32.000Z
- Updated: 2022-12-07T22:59:14.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in India

[Jai Kisan,](https://www.jai-kisan.com/) a financial technology startup that is widening access to financial services in rural communities in India, has raised $50 million in its new funding round, in a mixture of equity and debt financing.

- The fund will be used to scale its product suite and improve customer experience in its operations, the startup claims.
- Jai Kisan is a rural-focused neobank operating in India, with its app (Bharat Khata) offering solutions to rural businesses and individual financial needs using curated credit products.
- The startup aims to digitize savings, insurance, and payments for users and has recorded a 400% customer growth in three months.
- GMO Venture Partners, Yara Growth Ventures, DG Daiwa Ventures, Blume, Arkam Ventures, Mirae Asset, and Snow Leopard Ventures participated in the round.