Jetking Approves ₹11.5 Cr Equity Raise to Expand Bitcoin Holdings

Jetking secured ₹11.5 crore in new equity funding to increase its Bitcoin holdings and expand blockchain-focused training programs.

The new issue follows a ₹6.6 crore round in April, emphasizing the firm’s sustained push into crypto and education investments.

With Bitcoin trading over $119,000, Jetking aims to position itself among Indian companies actively integrating crypto into business models.

Jetking Infotrain Ltd. has approved an equity issue worth ₹11.5 crore to bolster its Bitcoin reserves and scale blockchain-related initiatives. This funding marks the company’s second equity raise this year and aligns with its increased focus on digital assets and skill development in blockchain technology.

On July 21, the board approved the issuance of 460,000 equity shares priced at ₹250 per share through preferential allotment. These shares will be allocated to select non-promoter investors, subject to shareholder and regulatory approvals under SEBI and the Companies Act regulations.

Funds allocated for Bitcoin, operations, and training programs

According to Chief Financial Officer Siddarth Bharwani, the funds will support multiple objectives. These include expanding the company’s Bitcoin holdings, meeting general operational expenses, and enhancing blockchain-focused education programs. This move reflects Jetking’s strategic push into the digital finance space.

The new issue follows an earlier ₹6.6 crore raise in April, where Jetking issued 428,622 shares at ₹154 each. That round also supported digital asset purchases and investments in blockchain skill development. The company has shown consistent intent to build its presence in the crypto segment.

In December 2024, Jetking acquired 12 Bitcoins valued at around $1.2 million. This early move into cryptocurrency established the company as one of the few Indian IT training firms to diversify into digital assets. The ongoing equity funding indicates a continued effort to maintain momentum in this area.

Shareholding to shift while management remains unchanged

While the internal management structure will not change, the shareholding pattern could see slight adjustments based on how the shares are distributed. The company expects this capital infusion to support long-term growth and its evolving digital strategy.

Bitcoin’s current market price exceeding $119,000 reflects growing institutional confidence in the digital asset. Jetking’s capital moves position the company to take advantage of this trend while reinforcing its blockchain education platform.

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