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Jupiter Money raises ₹115 crore in fresh funding round from existing backers
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Jupiter Money raises ₹115 crore from existing investors to fuel growth in India’s fintech/neobank market.
Jupiter Money, a fintech money-management app in India, has secured ₹115 crore (≈US$15 million) in a new funding round led by its existing investors including Mirae Asset Venture Investments, BeeNEXT and 3one4 Capital, along with additional equity from its founder-CEO. The fresh capital will be used to scale its product and expand its user base across India’s digital-banking ecosystem. The company says the raise comes amid strong growth in its subscription revenues and increasing competition in the neobank segment.