Digital banking startup Jupiter has secured $2 million in a top-up funding round led by Hummingbird Ventures and Bedrock Capital at a valuation of $100 million. The new capital for the company comes five months after it had raised $24 million in a seed round from Sequoia Capital, 3one4 Capital, and Matrix Partners, among others.
Floated by former PayU India managing director Jitendra Gupta in August 2019, Jupiter is aiming to officially launch its flagship product in July which is a 50-member team mainly based out of Mumbai and Bengaluru. (Source)
