Jupiter

Jupiter is a digital banking app that aims to deliver a banking experience that keeps pace with you.

Jupiter helps you cut through the banking jargon, offer smart insights based on your spending, and provide you with a range of new-age features to enable you to make sense of your finances.

Jupiter was founded in 2019 by Jitendra Gupta. The company is headquartered in Mumbai, Maharashtra, India.

 

Jupiter’s first offerings is a savings account bundled with features that aim to simplify money management.

 

Jupiter offers a 100 percent digital savings bank account with in-built money management features like real-time spend insights, tracking liquid assets across bank accounts, personalised savings goals, and sending/receiving funds via UPI.

 

Jupiter, which has a non-banking financial company (NBFC) license of its own, is planning to lend from its own book to provide a credit line to individuals and also personal loans. The company currently has close to half a million users.

 

Jupiter is backed by Tiger Global, QED Investors, Sequoia Capital, Matrix Partners, Hummingbird Ventures, Mirae Assets Venture, Nubank Global Founders Capital, BEENEXT, and others. The company raised $86M as part of its Series C round on Dec 27, 2021. This brings Jupiter's total funding to $157M to date. The latest round valued Jupiter at $710M post-money.

 

 

  • Year founded: 2019
  • Funding Info: $157M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $710M as of Dec 27, 2021
  • City/Town: Mumbai
  • State: Maharashtra
  • Country: India
Related businesses