# Janalakshmi funding: rounds and investors > Janalakshmi has raised $246M across 3 rounds since 2013. Investors include TPG, Morgan Stanley Investment Management and IFMR Capital. Source: https://millionrounds.com/company/janalakshmi (Millionrounds; every figure on the page links to its filing or article) India · [Funded startup](https://millionrounds.com/companies) # Who invested in *Janalakshmi* 3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Funding summary Updated 26 Oct 2026 **$246M** raised across 3 rounds since 2013, from 3 sources **$57M** Series D **$28M** Debt **$161M** Round - **Latest round:** Round, $161M Sept 2017 - **Led by:** TPG - **Step-up i:** 5.8× - **Investors:** 7 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2014 2015 2016 2017 **$57M** Series D **$28M** Debt **$161M** Round - **First round:** Series D, $57M - **Biggest round:** $161M - **Usual gap between rounds:** 2.1 years ## The rounds - **Sept 2017** Round **$161M** *5 new* [TPG](https://millionrounds.com/fund/tpg) Lead QRG TPG/ Bajaj Treeline Vallabh Bhansali Reported by VCCircle - **Aug 2015** Debt **$28M** *1 new* IFMR Capital From a historical funding record - **Aug 2013** Series D **$57M** *1 new* [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Reported by vccircle.com ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series D** 2013 **Debt** 2015 **Round** 2017 [TPG](https://millionrounds.com/fund/tpg) L [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) IFMR Capital QRG TPG/ Bajaj Treeline Vallabh Bhansali ## Everyone who backed them [TPG](https://millionrounds.com/fund/tpg) Private equity **1** round, led 1 [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round IFMR Capital no record of our own yet **1** round QRG no record of our own yet **1** round TPG/ Bajaj no record of our own yet **1** round Treeline no record of our own yet **1** round Vallabh Bhansali no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=janalakshmi). ## Also claim to have backed them This firm lists Janalakshmi as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Caspian](https://millionrounds.com/fund/caspian) VC firm Per its own site ## Quick answers about Janalakshmi ### Who invested in Janalakshmi? Janalakshmi's investors include TPG, Morgan Stanley Investment Management, IFMR Capital, QRG and TPG/ Bajaj, and 2 more on record. TPG led its latest round. ### How much has Janalakshmi raised? Janalakshmi has raised $246M across 3 rounds since 2013. ### When did Janalakshmi last raise? Janalakshmi's most recent round was an Undisclosed round of $161M in Sept 2017, led by TPG. ### What was Janalakshmi's biggest round? Its most recent round, $161M in Sept 2017, is also its largest on record. ### Who backed Janalakshmi first? Janalakshmi's first round on record, in Aug 2013, was backed by Morgan Stanley Investment Management. ### What stage is Janalakshmi at? Janalakshmi's latest named round is an Undisclosed round, in Sept 2017. ### Where is Janalakshmi based? Janalakshmi is based in India. ### Who led Janalakshmi's rounds? TPG led the Undisclosed round in 2017. ## Companies like Janalakshmi In the same sector, and raised in the last eighteen months. [**RocketPay** $1.1M · Oct 2026](https://millionrounds.com/company/rocketpay)[**NeoGrowth** $99M · Oct 2026](https://millionrounds.com/company/neogrowth)[**StockGro** $28M · Oct 2026](https://millionrounds.com/company/stockgro)[**Jeeves** $210M · Sept 2026](https://millionrounds.com/company/jeeves)[**Kissht** $97M · Sept 2026](https://millionrounds.com/company/kissht)[**Navi** $100M · Aug 2026](https://millionrounds.com/company/navi) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app