India · Financial services startup

Jar

Jar is India's leading digital gold savings app, providing a secure platform for users to save small amounts of money into 24K digital gold.

Funding reportedLast round: Series B

Financial servicesBengaluru, India

About Jar

Jar is India's leading digital gold savings app, providing a secure platform for users to save small amounts of money into 24K digital gold.

The app allows users to automatically invest their spare change from online spending, rounding off transactions to the nearest ₹10 or ₹5. This innovative approach helps users build a habit of saving while investing in 99.9% pure digital gold, which is stored in secure vaults and insured by top Indian banks. Founded in 2021 and operated by Changejar Technologies Private Limited and Jar Gold Retail Private Limited, Jar aims to make saving accessible and straightforward. Users can set up an account in just 45 seconds and start investing with a minimum of ₹10. The app is designed for daily online spenders, micro-investors, and anyone with a bank account in a SEBI-approved bank, making it a convenient tool for millennials and Gen Z who appreciate automation and simplicity in their savings journey.

What company datasets say Jar raised

Funding, as reported

Reported in all111.7Min the source's currency
Rounds5
Last roundSeries B
Last round size3.9M
Last round dateAug 2022
Investors listed38

Founders and team

From Jar's own website: 1 founder, 2 on the team.

Misbah AshrafCo-founder & Chief Product Officer
  • Akashdeep SingalVP, Marketing
  • Ankit DhawanDirector, Product

On 10 portfolio pages

Investors who name them

Each firm lists Jar on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

user experienceconsumersinvestment accessibilitypaytmconsumer goods & retailwealth buildingsavings calculatorbharat financial fitnessgold price checkgold savings in google playcultural investmentgold rate calculatorgold in vaultsgold savings in mobileaccessible financial productspersonalfinance

Built with from their website

Google MapsDockerAmazon SESGoogle Tag ManagerAmazon CloudFrontGoogle SheetsWordPress.orgHREF LangAWS Trusted AdvisorAtlassian

+8 more

Google CloudApacheMeta Audience NetworkYouTubeGoogle WorkspaceNeogov HRMSCloudFlareViewport Meta

Sector
Financial services
Industry code
NAICS 5231, 52394, SIC 6799
Region
Karnataka
Revenue
278M a year, as listed
Full record
Every detail in the company directory

Financial services in India

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