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SUMMARY
Its shareholders passed a resolution on April 1 to allot CCPS worth INR 12.48 Cr to Mirae Asset, INR 11.90 Cr to Unitary Fund and INR 1.99 Cr to Blume Ventures
Jai Kisan has allotted a total of 980 compulsory convertible cumulative preference shares (CCPS) Series B6 to the aforementioned investors at a premium of INR 2,70,033
Founded in 2020 by Arjun Ahluwalia and Adriel Maniego, Jai Kisan is a rural India-focussed neo bank that offers credit solutions in online and offline rural commerce environments
Rural fintech…
