Jiraaf is a technology company.
Jiraaf is an online platform that offers listed and secured bond investments, providing users with access to a variety of fixed-income securities to help grow their wealth.
Jiraaf has raised $16.0M across 2 funding rounds.
Jiraaf has raised $16.0M in total across 2 funding rounds.
Jiraaf has raised $16.0M in total across 2 funding rounds.
Jiraaf's investors include Accel, Bharat Innovation Fund.
Jiraaf is a Bengaluru-based fintech company founded in 2021 that operates an online platform for high-yield, fixed-income bond investments, enabling individual investors to access curated listed bonds, government securities, and other SEBI-regulated products starting from as low as ₹10,000.[1][2][3] It serves retail investors seeking risk-adjusted returns in the fixed-income space, solving the problem of limited access to the traditionally opaque and institution-dominated bond market by providing a digital, transparent interface with tools for smarter wealth growth.[1][2][3] With $16.2M raised across funding rounds, including an $8.7M Series B two years ago, Jiraaf demonstrates strong growth momentum, evidenced by its +80 Mosaic Score increase and fully subscribed offerings like Navi Finserv (up to 11.20% yield) and Muthoottu Mini Financiers (up to 10.40% yield).[1][2]
Jiraaf was co-founded in 2021 by Saurav Ghosh, an investment professional with expertise in corporate finance, and Vineet Agrawal, experienced in real estate.[1][3] The idea emerged from their recognition of the bond market's inaccessibility to individual investors, prompting them to build a digital platform that democratizes high-yield fixed-income opportunities under SEBI regulation.[1][3] Early traction came through curated, compliant products and a focus on transparency, quickly attracting users amid India's growing retail investment wave, with founders emphasizing how digital tools are transforming bond access.[1]
Jiraaf rides the fintech democratization trend in India, where digital platforms are expanding retail access to underserved asset classes like bonds amid rising financial literacy and post-pandemic investment surges.[1][3] Timing aligns with SEBI's push for regulated bond trading and India's bond market growth, fueled by economic expansion and demand for fixed-income alternatives to volatile equities.[1][2] Market forces like low interest rates on FDs and MFs favor its high-yield offerings, while it influences the ecosystem by lowering barriers for individuals, boosting liquidity in listed bonds, and competing with platforms like Tyke in fintech innovation.[1]
Jiraaf is poised for expansion by scaling its platform amid India's retail bond market boom, potentially adding more asset classes like SDIs or real estate-linked bonds while leveraging its Series B momentum for tech enhancements.[1][2] Trends like AI-driven analytics, regulatory easing, and rising HNIs will shape its path, evolving its influence from niche bond access to a broader wealth management leader.[2][3] As a 2021 entrant already hitting funding milestones, Jiraaf exemplifies how fintech is reshaping fixed-income for everyday investors, tying back to its core mission of smarter, democratized wealth creation.[3]
Jiraaf has raised $16.0M across 2 funding rounds. Most recently, it raised $9.0M Series B in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2023 | $9.0M Series B | Accel, Bharat Innovation Fund | |
| Jun 1, 2022 | $7.0M Series A | Accel, Bharat Innovation Fund |