Neobank Jupiter picks up Rs 100 crore in venture debt funding from Alteria Capital

Fintech startup Jupiter said it has received a commitment of Rs 100 crore ($12 million) in tailored venture debt from Alteria Capital. The company said it will use the money to scale its bundle of lending products.

The Mumbai- and Bengaluru-based company was founded by Jitendra Gupta, as his second venture in the fintech space after selling Citrus Pay to Naspers-owned PayU in 2016.