Jiraaf Raises $7.5 Mn in a Series A round

Jiraaf, an investment platform, has raised $7.5 million in its Series A round led by Accel Partners, Mankekar Family Office, Aspire Family Office (Dr. Bhaskar Shah) and other angel investors.

The round also saw participation from multiple angel investors including Capital A, the Founders of PharmEasy, Ramakant Sharma (Co-founder Livspace), Founders of Zetwerk, Anuj Jhaveri (Director at Barclays, Hong Kong) and Shantanu Garg (Managing Director & Partner, BCG).

Founded in September 2021 by Saurav Ghosh and Vineet Agrawal, Jiraaf offers high yield non-market linked investment opportunities with yields in the range of 8% to 20% and tenors between 30 days to 3 years.

According to the Bengaluru-based startup, it aims to help individual investors earn better returns by participating in high-quality opportunities that go beyond equities, fixed deposits, real estate, and gold.