# Jupiter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jupiter

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.jupiter.money/
- Total disclosed funding: $163M
- Latest round: Series C (Dec 30, 2021)
- Investors on record: 16

## About

Founded in 2019 by its CEO Jitendra Gupta and based in Mumbai, India, Amica Financial Technologies Private Limited, doing business as Jupiter, is a provider of digital banking services such as savings accounts, investments, and lending services for salary-earning customers. In October 2025, Jupiter raised USD 15 million in venture funding from Mirae Asset Venture Investments, BeeNext, and 3one4 Capital. The transaction valued the company at approximately USD 600 million post money.

Jupiter offers zero-balance savings accounts with no hidden fees, allowing users to manage their money without meeting minimum balance requirements. The platform provides fixed and recurring deposit options. Additionally, the company promotes co-branded credit and debit cards, offering various benefits and rewards for users. The firm also offers a range of mutual fund investments, digital gold products, health insurance products, pre-paid gift card products, and more.

The company plans to use the funding primarily to reach a break-even point for the business.

## Funding rounds

- Series C, Dec 30, 2021, $87M — Hong Shan, MUFG Bank, Tiger Global Management, QED Investors, Rocket Internet SE, Global Founders Capital, Nu Pagamentos S.A., Mirae Asset Venture Investment, BEENEXT, 3one4Capital Advisors, Z47
- Series B, Aug 20, 2021, $50M — Hong Shan, Hummingbird Ventures, Global Founders Capital, Nu Pagamentos S.A., Mirae Asset Venture Investment, BEENEXT, 3one4Capital Advisors, Greyhound Capital, Bedrock, Z47, Tanglin Venture Partners, Addition
- Series A, Feb 3, 2020, $2M — Hummingbird Ventures, Bedrock
- Series A, Oct 31, 2019, $23M — Hong Shan, Rocket Internet SE, BEENEXT, 3one4Capital Advisors, Greyhound Capital, Z47, Tanglin Venture Partners

## Investors

- Hong Shan — Series A, Series B, Series C
- Rocket Internet SE (https://capitalatlas.ai/funds/rocket-internet-se) — Series A, Series C
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A, Series B, Series C
- 3one4Capital Advisors (https://capitalatlas.ai/funds/3one4capital-advisors) — Series A, Series B, Series C
- Greyhound Capital (https://capitalatlas.ai/funds/greyhound-capital) — Series A, Series B
- Z47 (https://capitalatlas.ai/funds/z47) — Series A, Series B, Series C
- Tanglin Venture Partners (https://capitalatlas.ai/funds/tanglin-venture-partners) — Series A, Series B
- Hummingbird Ventures (https://capitalatlas.ai/funds/hummingbird-ventures) — Series A, Series B
- Bedrock (https://capitalatlas.ai/funds/bedrock) — Series A, Series B
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series B, Series C
- Nu Pagamentos S.A. — Series B, Series C
- Mirae Asset Venture Investment (https://capitalatlas.ai/funds/mirae-asset-venture-investment) — Series B, Series C
- Addition (https://capitalatlas.ai/funds/addition) — Series B
- MUFG Bank — Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series C