Friday, 24 March, 2023

Bangalore based startup Jupiter raises $86M in financing round

<p>Jupiter, an Indian Neobank, raised $86M in a financing round as it gears up to provide wealth management services. Tiger Global, QED, and Sequoia India led the financing round. The round valued the startup at $711M up from its $300M valuation in Aug. Japan&#39;s largest bank, MUFG bank also participated in the round. Industry Veteran Jitendra Gupta said that more than 65% of Jupiter&#39;s userbase actively transacts on the platform each month.<br /> &nbsp;</p>