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  1. Experience: Jupiter · Education: ICAI · Location: Mumbai · 500+ connections on LinkedIn. View Jitendra Guptas profile on LinkedIn, a professional community of 1 billion members.

    • 500+
    • 49K
    • ICAI
    • Jupiter
    • Why A Neobank?
    • What Building A Neobank in India Entails
    • Jupiter’s Present and Future

    Jitendra was convinced that “Indian customers were fatigued with their existing banks, their processes, experiences, mindsets, and behaviour”. So, any service that was simpler, quicker, and different would be welcomed. Also, Jitendra wanted to build a business that would go beyond a transactional relationship with customers. Jitendra explains, “Bot...

    India’s banking sector is so heavily regulated that building anything new is arduous. More so, if your long-term vision is to disrupt age-old banking systems. “It is impossible to disrupt an HDFC or an ICICI overnight.It will take ages to build that kind of trust. You have to constantly innovate to build that,” Jitendra says. Add to that the enormo...

    Neobanking has primarily two segments: consumers and SMEs. While the likes of Open, NiYo, Razorpay X, Yono by SBI, etc. are competing for SMEs, which have historically been underserved by banks, Jupiter is laser-focused on retail customers. Last November, it released a micro-lending (‘Buy Now Pay Later’) app Bullet, which offers consumers small-tic...

  2. Dec 13, 2023 · Jitendra Gupta started Jupiter Money to address this issue, raising $24 million in its seed round from Matrix Partners, Sequoia, Greyhound, 3one4 Capital, and others. As the startup emerged from stealth mode, it secured an additional $2 million in funding from British venture capital firm Hummingbird Ventures and US-based Bedrock Capital.

  3. Jun 21, 2021 · “A customer’s relationship is always with the entity where they park their savings deposit,” said Jitendra Gupta, a high-profile entrepreneur who has spent a decade in the fintech world ...

  4. Jitendra Gupta has 4 current jobs including CEO & Co-Founder at Jupiter, Founder at Digifin, and Investor at Cityfurnish. Additionally, Jitendra Gupta has had 1 past job as the Founder at Citrus Payment Solutions.

    • Male
    • Jupiter, Digifin, Cityfurnish, Lazypay
  5. May 5, 2022 · Jupiter, a digital banking startup founded by Jitendra Gupta, aims to launch credit lines, personal loans and mutual funds for its existing customers in 2022. The company wants to differentiate itself by offering these products to its one million users who have signed up with the platform and bank with them.

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  7. Aug 5, 2021 · Industry veteran Jitendra Gupta’s neobank for consumers in India — Jupiter — has raised $45 million in a new financing round as the Bangalore and Mumbai-based startup gears up for its...