Harvesting Hope: Arjun Ahluwalia, Co-Founder and CEO, Jai Kisan Picture this, in bustling metro cities, securing a loan for a gadget is as simple as a few swipes on an app. But just a few hundred kilometers away, farmers struggle to get credit for essentials like seeds and fertilizers. For Arjun Ahluwalia, this stark disparity was the spark that ignited the creation of Jai Kisan.

It's not every day that you hear about a first-generation entrepreneur taking on the daunting task of revolutionizing rural finance in India. Yet, this is precisely the journey of Arjun Ahluwalia, co-founders & CEO of Jai Kisan. Armed with grit and a clear vision with a deep understanding of the gaps in India's financial systems, Ahluwalia is addressing one of the most critical and underserved markets in the country.

Picture this, in bustling metro cities, securing a loan for a gadget is as simple as a few swipes on an app. But just a few hundred kilometers away, farmers struggle to get credit for essentials like seeds and fertilizers. This stark disparity was the spark that ignited the creation of Jai Kisan.

"We were struck by how different financial accessibility was between urban and rural India," says Arjun, a seasoned professional with stints in venture capital and private equity across global financial hubs like Palo Alto, Dubai, and Mexico City. His co-founder, Adriel, shared this vision, and together they set out to bridge the gap.

However, no trailblazing venture comes without its share of obstacles. In the early days, Jai Kisan grappled with the lack of public data and testing frameworks for tech-based solutions. The founders also encountered barriers in forming priority sector lending partnerships—a critical piece for scaling financial solutions in rural India.

But perhaps the most complex challenge was winning the trust of India's farmers and traders, many of whom are new to formal financial systems. "Financial literacy in India is a real challenge," Arjun admits, but it's one they are determined to overcome.

Despite these challenges, Jai Kisan has grown leaps and bounds. The company has crafted a "full-stack financial services experience," offering loans and credit solutions tailored to the unique needs of rural communities. By leveraging cutting-edge technology and forging partnerships with India's top banks and NBFCs, Jai Kisan is delivering financial products where they're needed most—when, where, and how the rural population wants them.

The year 2024 marked a milestone for Jai Kisan as the company secured regulatory approval to acquire a majority stake in an NBFC entity. "This move unlocks a plethora of opportunities," Arjun says, hinting at a future where Jai Kisan becomes a one-stop shop for rural financial needs.

The company has already achieved operational profitability—a rare feat in the fintech space—and is on track to achieve full profitability within the next few quarters. With meticulous planning and execution, Jai Kisan is not just thriving but also laying a sustainable foundation for future growth.

And the ambition doesn't stop at India's borders. Jai Kisan has started operations in Southeast Asia, with plans to expand its innovative financial solutions to other emerging markets.

For those dreaming of carving their niche in the business world, Arjun offers timeless advice, "Challenge the status quo". He channels the words of Theodore Roosevelt, emphasizing the importance of being "the man in the arena" who dares greatly, regardless of failure or success. "There's no effort without error and shortcoming," he notes, urging aspiring entrepreneurs to embrace the grind.

In a world where financial inclusion often feels like a buzzword, Jai Kisan is proving that it can be much more—a transformative force capable of bridging the gap between India and Bharat, one loan at a time.

Factsheet:

Name and Designation: Arjun Ahluwalia

Age as on February 1, 2025: 32

No. of co-founders: 2 (Arjun Ahluwalia and Adriel Maniego)

Number of employees: 150+

Year of inception of the company: 2017

External Investors: Mirae Asset Ventures, British International Investments, Blume Ventures,

Arkam Ventures, GMO VenturePartners, DG Daiwa Ventures, NABVentures, Yara Growth Ventures,

family offices and HNI investors