Neobank Jupiter raises INR 100 Cr in venture debt funding
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Mumbai and Bengaluru-based neobanking major Jupiter has raised INR 100 Cr ($12.12 Mn) in venture debt funding from Alteria Capital, according to a press statement shared by the startup. Jupiter plans to use the funding towards further building and scaling up its lending products. The venture debt funding comes more than a year after the fintech startup raised $87 Mn from Tiger Global, QED Investors, Sequoia India and Matrix Partners.