Rural fintech startup Jai Kisan acquires Kushal Finnovation Capital, inherits NBFC licence

Quick Summary:

Going forward, Jai Kisan will not only originate loans but also co-lend in partnership with leading financial institutions including public sector banks in India.

It last raised $50 million in a mix of equity and debt in a Series B funding round in July 2022.

It has further, facilitated disbursals of over Rs 6,000 cr since inception.

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Article Details

Author / Journalist: Trisha Medhi

Category: StartupsEconomyBusiness

Markets: India

Topics: Rural Financial Business Kisan Privacy Want Policy Startup Nbfc Loans Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 00:30:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 252 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 14 words per sentence (average)

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News ID: 22022765

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