Jai Kisan
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News Discussion
By · Journalist
Jai Kisan Secures NBFC License to Expand Rural Credit Offerings
- Jai Kisan has acquired an NBFC license through its strategic acquisition of Kushal Finnovation Capital Private Limited.
- The license will enable Jai Kisan to design and distribute more customized credit products to farmers and business customers.
- The firm plans to co-lend with leading financial institutions, including public sector banks in India.
- Founded in 2017, Jai Kisan offers credit for rural commerce transactions and partners with various stakeholders in the agriculture value chain.
- Jai Kisan has facilitated disbursals of over Rs 6,000 crore since inception, with Rs 3,000 crore in FY24 alone.
Source: [Entrackr](https://entrackr.com/2024/08/jai-kisan-acquires-majority-stake-in-kushal-finnovation-gets-nbfc-license/)
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Indian Startups
By · Product Manager
Thoughts on Jai Kisan?
Have been researching on startups/firms working on unique problems. Jai Kisan seens to be in a very tough segment. Anyone here can give some insights on the company and how's it doing etc?
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