Indian fintech platform Jupiter Money secures $13m funding
- ByStartupStory | October 30, 2025
Indian fintech platform Jupiter Money has secured $13 million (approximately Rs 115 crore) in a fresh funding round from existing investors including Mirae Asset Venture Investments, BeeNext, and 3one4 Capital. The company’s founder and CEO, Jitendra Gupta, also participated in this funding round, signaling strong commitment and confidence in Jupiter’s growth trajectory.
Founded in 2019 and headquartered in Bengaluru, Jupiter Money offers a comprehensive neo-banking platform that integrates various financial products such as credit cards, savings accounts, loans, investments, insurance, and prepaid instruments—all managed through a single app. The platform boasts over three million customers, with around 60% actively using multiple products, reflecting robust user engagement.
The latest funding will support Jupiter’s efforts to accelerate product expansion, scale lending operations, increase customer adoption, and enhance its AI-driven financial tools aimed at delivering personalized, intelligent financial solutions. The company is focusing on achieving operational break-even within the next 24 months while targeting to double its user base over the next two to two-and-a-half years.
Jupiter recently reported a net loss of Rs 4.7 crore for the period April to December 2024, after reaching a net profit of about Rs 90 lakh in FY24. Despite current losses, Jupiter continues to grow at a fast pace, with revenue more than doubling in FY2025 to a run rate exceeding Rs 150 crore.
Customers on Jupiter’s co-branded credit card with CSB Bank demonstrate high engagement, with an average of 24 transactions per month and over 150,000 cards issued to date. The platform also highlights its Account Aggregator feature, which has crossed one million active users, enhancing integrated finance management.
Jupiter operates under regulatory approvals from the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), and Insurance Regulatory and Development Authority of India (IRDAI), ensuring compliance and customer trust across its financial services.
The company’s vision centers on simplifying money management for digitally savvy Indians by providing transparency, control, and a one-stop app ecosystem that empowers users to track spending, save efficiently, invest wisely, and access credit conveniently.
The $13 million infusion reaffirms investor confidence in Jupiter’s unique value proposition and its ability to tap into India’s rapidly evolving digital finance landscape. As competition intensifies among Indian neobanks and fintech firms, Jupiter’s continued innovation and focused growth strategy position it well for the next phase of expansion.
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