Tech

Jupiter Nets $15 Mn At A Flat $600 Mn Valuation

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SUMMARY

The strategic round saw participation from existing backers Mirae Asset Venture Investments, BEENEXT, 3one4 Capital, and founder Jitendra Gupta

Jupiter bagged the fresh funds at a flat valuation of $600 Mn, the same at which it was pegged during its last fundraise in 2021

Jupiter slashed its net losses by 16% YoY to INR 275.94 Cr in FY24, while operating revenue soared 404% YoY to INR 35.85 Cr during the fiscal under review

Fintech startup Jupiter has reportedly raised…

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