Razorpay accounted for 535 million US dollar funding in the neo-banking sector, as of 2021. Jupiter, a Bangalore based start-up followed with around 130 million US dollar funding. The neo-bank sector in India raised around 900 million US dollars in 2021, a more than 800 percent growth from previous year.
Funding for neo-banking across India as of 2021, by select company
(in million U.S. dollars)
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Redseer. (April 30, 2022). Funding for neo-banking across India as of 2021, by select company (in million U.S. dollars) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1180393/india-neobanking-funding-startups/
Redseer. "Funding for neo-banking across India as of 2021, by select company (in million U.S. dollars)." Chart. April 30, 2022. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1180393/india-neobanking-funding-startups/
Redseer. (2022). Funding for neo-banking across India as of 2021, by select company (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1180393/india-neobanking-funding-startups/
Redseer. "Funding for Neo-banking across India as of 2021, by Select Company (in Million U.S. Dollars)." Statista, Statista Inc., 30 Apr 2022, https://www.statista.com/statistics/1180393/india-neobanking-funding-startups/
Redseer, Funding for neo-banking across India as of 2021, by select company (in million U.S. dollars) Statista, https://www.statista.com/statistics/1180393/india-neobanking-funding-startups/ (last visited November 26, 2024)
Funding for neo-banking across India as of 2021, by select company (in million U.S. dollars) [Graph], Redseer, April 30, 2022. [Online]. Available: https://www.statista.com/statistics/1180393/india-neobanking-funding-startups/
