India’s Jetking Ramps Up Crypto Push with Fresh Funds

• Jetking raised ₹11.5 crore to expand its Bitcoin holdings and blockchain programs.

• The company issued 460,000 shares at ₹250 each to non-promoter investors.

• This follows an earlier ₹6.6 crore round and a 12-Bitcoin purchase in December 2024.

Jetking Infotrain Ltd. has approved a fresh equity raise of ₹11.5 crore (approximately $1.34 million) to support its growing Bitcoin treasury and blockchain education efforts. The funding marks the company’s most substantial move yet in its digital asset strategy.

Strategic Capital Injection to Boost Crypto Initiatives

On July 21, Jetking’s board approved the preferential allotment of 460,000 equity shares at ₹250 per share to select non-promoter investors. This funding round aligns with regulatory frameworks under the SEBI (ICDR) Regulations, 2018, and the Companies Act, 2013. The offer is subject to final regulatory and shareholder approvals.

According to CFO Siddarth Bharwani, proceeds from the equity issue will be allocated to expand Bitcoin holdings, fund operational costs, and scale up blockchain skill development programs. This marks the second fundraising activity this year, and the largest to date, focused on growing the company’s digital asset footprint.

April Round Paved the Way

Jetking raised ₹6.6 crore in April 2025 by issuing 428,622 shares at ₹154 each. That round helped the company make its initial steps into the Bitcoin ecosystem. Funds were directed toward acquiring digital assets and investing in training for blockchain technologies.

In December 2024, Jetking made headlines by acquiring 12 Bitcoins valued at around $1.2 million. The move positioned the company among the early Indian public firms to publicly allocate capital to Bitcoin. Management stated this was a part of a broader strategy to prepare the workforce for emerging tech sectors, including crypto and decentralized systems.

While the company’s executive leadership remains unchanged, the equity issue may adjust its shareholder composition depending on the final allocations.

Institutional Interest Grows as Bitcoin Surges

Jetking’s decision comes as Bitcoin crossed $118,000, renewing institutional momentum across global markets. The company’s continued investments in digital assets and education indicate a dual-track strategy to capture value in the crypto space and prepare India’s talent for blockchain innovation.

With this latest funding round, Jetking is reinforcing its position as a hybrid IT education provider and Bitcoin-focused corporate entity. The expansion reflects shifting priorities in India’s tech education landscape, driven by blockchain’s growing relevance in finance, gaming, and enterprise.