Jupiter Money raises ₹115 crore from Mirae Asset, Beenext, and 3one4 Capital

Fintech platform Jupiter Money has raised ₹115 crore in fresh funding round from existing investors Mirae Asset Venture Investments, BeeNext, and 3one4 Capital. Founder and CEO Jitendra Gupta also invested in the round personally.

However, the Bengaluru-based fintech startup did not disclose its latest valuation.

The company operates an NBFC platform, backed by direct investments from Peak XV, Z47, Tiger Global, BeeNext, and QED, to support its lending operations. Jupiter plans to scale this vertical into a comprehensive lending suite, including personal loans, SME loans, and secured lending products.

Through a single app, Jupiter offers credit cards, savings accounts, investments, loans, insurance, prepaid instruments, and other financial products. The platform is regulated by the RBI, SEBI, and IRDAI for its various offerings.

Jupiter has acquired over 3 million customers, with nearly 60% actively engaging on the platform across multiple products. More than 25% of active users use two or more products, underscoring the platform’s growing depth of engagement.

Its Account Aggregator (AA) service has also gained traction, with over 1 million active users, reinforcing Jupiter’s position as a preferred platform for money management.

On its co-branded card with CSB Bank, customers make an average of 24 transactions per month, with over 1.5 lakh cards issued so far.

Financially, Jupiter's revenues grew more than 2.2x in the last fiscal year, and the company is now focusing on sustainable growth. It aims to achieve operational breakeven within the next 24 months, while continuing to expand its user base and double it over the next 2-2.5 years, according to a company statement.

"We are building the go-to money app for India’s millennials — transparent, inclusive, and truly helpful in everyday life. This round gives us the boost to scale responsibly while keeping our promise of making money simpler for millions of Indians," said Jitendra Gupta, Founder & CEO, Jupiter Money.Read about our editorial guidelines and ethics policy