Announced
Completed
Financials
Sources
Tags
Private
India
Banks
Cross Border
neobank
Venture Capital
Acquisition
Completed
Friendly
Private Equity
Single Bidder
Minority
Synopsis
Tiger Global and Sequoia Capital India led a $86m Series C funding round in Jupiter, a neobanking platform, with participation from QED Investors and Matrix Partners India. “We feel that we are in a very unique time wherein consumers are adopting technology faster than expected. Consumers are looking for a place where they can get better experience for their finances rather than just a plain vanilla banking app,” Jitendra Gupta, Jupiter Founder and CEO.
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