HomeFundingNeobank Jupiter's NBFC business raises Rs 20 crore from Peak XV, Matrix,...

Neobank Jupiter's NBFC business raises Rs 20 crore from Peak XV, Matrix, others

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Jupiter’s NBFC business, Amica Finance, raised Rs 20 crore in equity funding from Peak XV Partners, Matrix Partners, and others. The funding round included issuance of Series A CCPS at Rs 20.43 per share. Jupiter obtained an NBFC license from RBI and a prepaid payments instrument license.

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