Essayer OR - Gratuit
Harmony Ventures, Accel lead Jiraaf's $8.7 mn Series B round
Mint Mumbai
|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.
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.
Cette histoire est tirée de l'édition October 13, 2023 de Mint Mumbai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Mumbai
Mint Mumbai
Meta takes a bite of Cred, Shah to steer WhatsApp
$900 mn investment for 20% stake; Shah to quit as CEO of Cred for global role.
3 mins
June 23, 2026
Mint Mumbai
IT's Big Five brace for FY27 pain from AI, weak demand
Just three months into the fiscal year, and analysts are already questioning whether Indian information technology's (IT) Big Five can meet the full-year guidance they had laid out in April after Accenture Plc fell short of expectations.
3 mins
June 23, 2026
Mint Mumbai
Retail F&O may have lost ₹1 tn despite Sebi curbs
Despite a slew of regulatory measures to curb unbridled retail speculation, losses incurred by individual traders in equity derivatives (largely options) are likely to have remained elevated in fiscal year 2026 (FY26), per two brokers who submitted client-level profit and loss ledgers to the Securities and Exchange Board of India (Sebi) this April.
3 mins
June 23, 2026
Mint Mumbai
Zombie unicorns are haunting Silicon Valley
FANTASTIC BEASTS roam Silicon Valley. Locals are familiar with the unicorn, a startup valued at more than $1bn, the centaur (worth $100m) and the decacorn ($10bn).
2 mins
June 23, 2026
Mint Mumbai
Retail investors iffy on municipal bonds
The market regulator's move to make municipal bonds more accessible is unlikely to trigger a meaningful surge in retail participation anytime soon, with market participants cautioning that low investor awareness, patchy liquidity (only select papers are liquid because not all municipalities come out with bond issuances every year every time) and the challenge of assessing municipal credit quality remain significant hurdles.
2 mins
June 23, 2026
Mint Mumbai
Greenspan, Fed legend until 2008 crisis, no more
Alan Greenspan, the Federal Reserve chairman proclaimed a wizard for guiding a then-record US economic expansion, only to see his lustre dimmed by the financial crisis that erupted less than two years after he stepped down, has died. He was 100.
3 mins
June 23, 2026
Mint Mumbai
US FDA sends SOS to Indian firms for critical cancer drugs
The US Food and Drug Administration (US FDA) has reached out to Indian pharmaceutical manufacturers for a critical cancer medicine that is in short supply, according to two Indian government officials and a document reviewed by Mint.
3 mins
June 23, 2026
Mint Mumbai
Oil barrels on a roll
Although uncertainty prevails over whether the US will extend its sanctions waiver for India’s Russian oil imports, inward shipments are poised to hit their highest monthly level ever in June, according to Kpler data.
1 min
June 23, 2026
Mint Mumbai
Axis Bank brings in McKinsey veteran to lead AI initiatives
Axis Bank, India’s third-largest private lender, has hired Namrata Dubashi, a senior executive at McKinsey & Co, as its artificial intelligence (AI) officer to spearhead its AI initiatives.
2 mins
June 23, 2026
Mint Mumbai
India is importing steel to ship out pipes
The latest driver of India’s steel imports isn’t construction, automobiles or consumer appliances. It is an unlikely corner of the industrial economy: steel pipes.
2 mins
June 23, 2026
Translate
Change font size
