Jupiter Money raises $15M to fuel growth & AI innovation

Jupiter Money raised $15 million from Mirae Asset, BeeNext, and founder Jitendra Gupta to enhance product growth, lending, and AI tools. Valued at $710M in 2021, it offers credit cards, loans, and investments to 3M+ users, issuing 150K+ CSB Bank cards. Its NBFC will scale lending. FY24 revenue hit Rs 51.2 crore, losses fell 23%, targeting breakeven in 24 months.