VC Fund Investments
Fintech platform Jiraaf raises $7.5 M led by Accel, Mankekar Family Office, others
Bengaluru-based online investment platform Jiraaf has raised USD 7.5 million in a Series A round led by Accel India, Mankekar Family Office, and Aspire Family Office (Dr Bhaskar Shah). The round also saw participation from angel investors including Capital A, PharmEasy founders, Ramakant Sharma (Co-founder, Livspace), Founders of Zetwerk, Anuj Jhaveri (Director at Barclays, Hong Kong), and Shantanu Garg (Managing Director and Partner, Boston Consulting Group). The funds will be used to build a team to source opportunities, strengthen customer service, and enhance tech capabilities. Jiraaf claims to offer high-yield non-market linked investment opportunities with yields in the range of 8-20% and tenors between 30 days to three years. The platform aims to help individual investors earn better returns by participating in high-quality opportunities that go beyond equities, fixed deposits, real estate, and gold.
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