Team Startupcity

• Jetking plans to raise Rs. 6.6 crore via equity share sale to increase its Bitcoin investment.
• It was the first publicly listed Indian company to adopt a pro-Bitcoin treasury policy in December 2024.
• The move highlights Jetking’s strategic focus on leveraging digital assets for long-term financial growth.

Mumbai-based IT training firm Jetking is gearing up to expand its Bitcoin holdings, signaling a bold move to harness the cryptocurrency’s long-term financial potential. The company plans to raise approximately Rs. 6.6 crore (around $800,000 USD) through the sale of 428,622 equity shares in compliance with SEBI regulations.

This follows Jetking’s pioneering step in December 2024 when it became the first publicly listed Indian company to adopt a pro-Bitcoin treasury policy, marking a significant milestone in India’s corporate adoption of digital assets. CFO Siddharth Bharwani affirmed the firm’s commitment to growing its Bitcoin portfolio, highlighting the company’s confidence in the cryptocurrency as a strategic asset to enhance overall financial value.

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Jetking’s approach reflects a growing trend among Indian firms exploring cryptocurrency not just as an investment but as a core component of corporate financial strategy. The company aims to balance regulatory compliance with innovation, positioning itself at the forefront of digital asset integration in India’s corporate sector. Bharwani further elaborated on Jetking’s vision and roadmap through social media channels, emphasizing transparency and forward-thinking management.

As digital currencies gain traction worldwide, Jetking’s initiative could inspire more Indian companies to consider cryptocurrencies as viable treasury options, reshaping the future of corporate finance in the country.