# Jar: Financial services, Bengaluru, India

> 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.

Source: https://millionrounds.com/startup/jar (Millionrounds; every figure on the page links to its filing or article)

India · [Financial services startup](https://millionrounds.com/companies)

# 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 reported Last round: Series B

Financial services Bengaluru, India

Company summary

- **Founded:** 2021 5 years old
- **Team:** 550 201 to 1,000 people
- **Funding reported:** 111.7M as listed, currency not stated
- **Last round:** Series B Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Jar has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **111.7M** in the source's currency

Rounds **5**

Last round **Series B**

Last round size **3.9M**

Last round date **Aug 2022**

Investors listed **38**

## Founders and team

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

**Misbah Ashraf** Co-founder & Chief Product Officer

- **Akashdeep Singal** VP, Marketing
- **Ankit Dhawan** Director, Product

## On 10 portfolio pages

Investors who name them

- [Third Prime](https://millionrounds.com/fund/third-prime)
- [Emphasis Ventures (EMVC)](https://millionrounds.com/fund/emphasis-ventures-emvc)
- [Rainfall Ventures](https://millionrounds.com/fund/rainfall-ventures)
- [SGH CAPITAL](https://millionrounds.com/fund/sgh-capital)
- [Lets Venture](https://millionrounds.com/fund/lets-venture)
- [Upsparks](https://millionrounds.com/fund/upsparks-capital)
- [MSA Novo](https://millionrounds.com/fund/novo-capital)
- [WEH Ventures](https://millionrounds.com/fund/weh-ventures)
- [Eximius Ventures](https://millionrounds.com/fund/eximius-ventures)
- [K2 Capital](https://millionrounds.com/fund/k2-capital-2)

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 experience consumers investment accessibility paytm consumer goods & retail wealth building savings calculator bharat financial fitness gold price check gold savings in google play cultural investment gold rate calculator gold in vaults gold savings in mobile accessible financial products personalfinance

Built with from their website

Google Maps Docker Amazon SES Google Tag Manager Amazon CloudFront Google Sheets WordPress.org HREF Lang AWS Trusted Advisor Atlassian

+8 more

Google Cloud Apache Meta Audience Network YouTube Google Workspace Neogov HRMS CloudFlare Viewport 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](https://millionrounds.com/directory/jar)

## Financial services in India

Startups like it

- [**KreditBee** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/kreditbee)
- [**CoinDCX** Mumbai · founded 2018 *Raised*](https://millionrounds.com/company/coindcx)
- [**Navi** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/navi)
- [**Scapia** Bengaluru · founded 2022 *Raised*](https://millionrounds.com/company/scapia)
- [**Khatabook** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/khatabook)
- [**KredX** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/kredx)
- [**Turtlemint** Mumbai · founded 2015 *Raised*](https://millionrounds.com/company/turtlemint)
- [**Upstox** Mumbai · founded 2009 *Raised*](https://millionrounds.com/company/upstox)

## Is this your company?

Add your raise, your deck and your story, and put Jar in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)
