Jar, an Indian fintech startup, is in discussion with various investors to raise roughly $50 million at a $350 million valuation to scale its services and expand its offering. In the Series B investment round, Tiger Global is positioned to lead with help from Folius Ventures and Paramark. The company has helped over 7.5 million Indian citizens begin their investing and savings journey. Each time a user conducts a transaction, Jar receives a small amount. Jar also helps users track daily expenditures and allocate monies for investment.
Indian fintech Jar eyes $50 million investment | TechCrunch