Jar
Bengaluru-based fintech app that helps first-time Indian savers build a savings habit by automatically rounding up daily transactions/spare change and investing it in 24K digital gold, with daily savings starting from as little as ₹1-₹10.
Jar: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 10 Oct 2022 | Series B | $22.6 Mn | Tiger Global Management Eximius Ventures Folius Ventures Kube Capital Mauryan First Rocketship VC Staenberg Venture Partners Third Prime Unitary Fund | source |
| 3 Feb 2022 | Series A | $32 Mn | Tiger Global Management Arkam Ventures Byron Ling Force Ventures Jeremy Cai Joel John Rocketship VC Shamir Karkal Stonks Suleman Ali Third Prime Victor Jacobsson WEH Ventures | source |
| 1 Sep 2021 | Pre-Series A | $4.5 Mn | Arkam Ventures Tribe Capital WEH Ventures Ali Moiz Kunal Shah Manik Gupta Shaan Puri | source |
News on Jar
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Who founded Jar?
Jar was founded by Nishchay AG, Misbah Ashraf in 2021.
How much funding has Jar raised?
Jar has raised $59.1 Mn across 3 tracked funding round(s), most recently on 2022-10-10. Figures are compiled from cited public sources.
Who are the investors in Jar?
Investors in Jar include Tiger Global Management, Eximius Ventures, Folius Ventures, Kube Capital, Mauryan First, Rocketship VC, Staenberg Venture Partners, Third Prime.
What does Jar do?
Bengaluru-based fintech app that helps first-time Indian savers build a savings habit by automatically rounding up daily transactions/spare change and investing it in 24K digital gold, with daily savings starting from as little as ₹1-₹10.
Where is Jar headquartered?
Jar is headquartered in Bengaluru, Karnataka, India.
What is Jar's business model?
Jar's core value proposition centers on Start saving from ₹1, Automatic daily round-up saving, Rounds up spare change into gold.
How does Jar make money?
Jar's cited revenue streams include Commission on digital gold sales, Total revenue across gold, jewellery (Nek) and distribution partnerships.