Jai Kisan achieved a successful funding round of ₹26.5 crore through a Series B extension that attracted investments from existing backers like Unitary Fund and Mirae Asset Venture and Blume Ventures. Board members accepted funding through a special resolution to distribute 980 compulsory cumulative preference shares (CCPS) at ₹2,70,133 per share issue price. The strategic funding gives vital financial resources to the company while demonstrating its dedication to rural financial services progress.

The documents submitted to the Registrar of Companies reveal that Mirae Asset Venture paid ₹12.5 crore and Unitary Fund channeled ₹12 crore while Blume Ventures provided ₹2 crore. After the funding allocation Jai Kisan expects its post-allotment market value to reach approximately $180 million. Jai Kisan was established by Arjun Ahluwalia and Adriel Maniego in 2017 to become a major neo banking force which delivers credit solutions for rural areas through both offline and online channels.

Through Jai Kisanthe company works to provide rural communities with specialized financial products that enhance transaction efficiency whereas traditional banking services are scarce in rural markets. Through modern technological innovation and regional market understanding the startup presents itself as a leader in financial inclusion efforts while driving rural economic progress all across India. The recent capital infusion will drive rapid product innovation while expanding markets and developing advanced technologies which will give more customers better access to credit services and enhance their overall dealings.

The fiscal year operating revenue for Dehaat reached ₹39 crore during March FY24 while the company incurred a loss of ₹51 crore at the same time. Kushal Finnovation Capital Private Limited became a part of the company through last year's acquisition which granted the business its NBFC license so it could enhance operations and extend its service range. Rural fintech sector continues to expand dynamically as both Jai Kisan and Dehaat grow to provide traditional financial values delivered through innovative digital solutions and strategic investments.

Series B funding for Jai Kisan and Dehaat's operational milestones create a fundamental change in rural financial operations. The companies continue to improve their offerings and expand their customer base to establish novel standards in rural financial access and economic capability in India.

The innovative business models together with strong investment support enable both startups to speed up their growth and advance technology while transforming financial systems across Indian villages.