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Harmony Ventures, Accel lead Jiraaf's $8.7 mn Series B round

Mint Mumbai

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October 13, 2023

AI Growth Pvt. Ltd, which operates the A fixed-income investment platform Jiraaf, on Thursday said it has secured $8.7 million (₹72.3 crore) in a Series B funding round co-led by Harmony Ventures and Accel as new and existing investors, respectively.

- K.Amoghavarsha

Harmony Ventures, Accel lead Jiraaf's $8.7 mn Series B round

The round also saw participation from early-stage VC firm Capital A and undisclosed angel investors.

The startup will use the capital to hire talent across teams and increase the number of products. It also aims to reach around 300,000 users and enable ₹10,000 crore in investment.

Founded in 2021 by Saurav Ghosh and Vineet Agrawal, Jiraaf curates and offers fixed-income investment opportunities through its digital platform.

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