Investec advised Jai Kisan on its USD 50 million fundraise

About the deal

Investec acted as a Financial Advisor to Jai Kisan in its USD 50mn Series B fundraise from a consortium of tier-1 VC and Growth Funds. Utilizing a combination structure of equity and debt Jai Kisan, in its latest fundraise, reached a USD 200+ million valuation with participation from Yara Growth Ventures, GMO Venture Partners, Blume Ventures, amongst many others.

About Jai Kisan

Jai Kisan was formed to create digital fintech solutions to support the needs of rural individuals and businesses across India. Its app, Bharat Khata, digitizes transactions and captures relevant financial analytics to help its consumers. Currently, Bharat Khata services over 100,000 businesses across India. Jai Kisan has also implemented low-cost financing solutions to farmers, facilitating over USD 220 million in annualized loan disbursement.

What we did

Investec advised Jai Kisan throughout the fundraise process, with:

• leverage our experience and understanding of the Financial Services space, especially in the lending space, to position Jai Kisan appropriately to Investors. We reached out to multiple Financial buyers, showcasing our reach and access capabilities, in effect ensuring an efficient competitive process and maximization of value for our clients.
• co-ordinate with other advisors on the transaction to ensure smooth execution of the process.
  handle execution to deliver the transaction to the Shareholders and the Company and
• ensure seamless co-ordination between the Management, the existing investors and the Incoming Investors at every stage of the transaction.

“We are grateful for the faith that our investors, lenders, and other stakeholders have shown, and continue to show in our vision. We will continue to build on the back of this support and create impact in this underserved space, leveraging creative new age solutions and keeping customer experience at the core of our beliefs.”

Arjun Ahluwalia, Co-founder and CEO, Jai Kisan