Jupiter raises $86M Series C at $711M valuation
Jupiter raised $86M Series C led by QED Investors, Sequoia Growth Fund, Matrix Partners, Tiger Global Management, BEENEXT, 3one4 Capital on December 29, 2021.
- Primary
- Jupiter
- Counterparty
- QED Investors, Sequoia Growth Fund, Matrix Partners, Tiger Global Management, BEENEXT, 3one4 Capital
- Amount
- $86M
- Structure
- Series C
- Date
- December 29, 2021
- Sub-sector
- Neobank
Jupiter's second major 2021 funding round demonstrates strong investor confidence in India's neobanking market, with valuation more than doubling from $300M in August.
Source: techstory.in