Rahul Chandra and Bala Srinivasa are setting out to raise $180 million for the second fund at Arkam Ventures to back their next set of founders tackling middle India’s biggest problem
The Indian startup story has not just gone global, it’s going deep into the hinterlands too. And it’s the high networth individual (HNIs) investors in tier 2 towns of industrial belts who are driving this rush of investments in new-age companies.
Rural fintech startup Jai Kisan on Friday said it has raised $50 million ( ₹398.5 crore) in a mix of equity and debt in the first close of its ongoing Series B funding round.
