About Jar
Jar is a company based in Bengaluru (India) founded in 2021 by Manal Khalek. It operates as a FinTech and Direct-to-Consumer (D2C). Jar has raised $63.3 million across 5 funding rounds from investors including Angel List, BlackSoil and Wellfound. The company has 283 employees as of January 14, 2025. Jar offers products and services including Digital Gold Savings and Nek Jewellery. Jar operates in a competitive market with competitors including GoldMoney, SafeGold, Augmont, Plusgold and Acre, among others.
- Headquarter Bengaluru, India
- Employees 283 as on 14 Jan, 2025
- Founders Manal Khalek
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Changejar Technologies Pvt. Ltd.
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$4.48 M (USD)160.49as on Mar 31, 2024
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Net Profit
-$11.04 M (USD)23.05as on Mar 31, 2024
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EBITDA
-$12.59 M (USD)14.7as on Mar 31, 2024
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Total Equity Funding
$63.3 M (USD)
in 5 rounds
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Latest Funding Round
$1.72 M (USD), Series B
Dec 14, 2024
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Investors
Angel List
& 119 more
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Employee Count
283
as on Jan 14, 2025
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Products & Services of Jar
Jar offers a comprehensive portfolio of products and services, including Digital Gold Savings and Nek Jewellery.
Digital gold savings are offered for daily investments.
Gold and silver jewellery are sold through Nek.
People of Jar
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Funding Insights of Jar
Jar has successfully raised a total of $63.3M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $1.72 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Jar
Jar has secured backing from 120 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, BlackSoil and Wellfound.
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Provision of seed capital and support to early-stage founders solving India-centric problems.
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Venture and private equity investments are managed with global diversification.
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Investor details for Jar
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Jar
Investment portfolio details for Jar
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Financial Statements - Jar
Detailed financials for Jar
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Jar Comparisons
Peer comparison for Jar
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Competitors of Jar
Jar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoldMoney, SafeGold, Augmont, Plusgold and Acre, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Bullion trading and vaulting company
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Provider of a digital platform for buying, selling, and storing 24K gold
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Alternative investments in digital gold and silver are facilitated.
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Digital gold investment app allowing users to purchase and redeem gold as jewelry at partner jeweler stores
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Blockchain is applied to mortgage and insurance application processes.
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Detailed competitors of Jar
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Latest news on Jar
Complete news archive for Jar
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Frequently Asked Questions about Jar
Jar was founded in 2021.
Jar is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jar is a funded company, having raised a total of $63.3M across 5 funding rounds to date.
As of Jan 14, 2025, the latest employee count at Jar is 283.
Annual revenue of Jar is $4.48M as on Mar 31, 2024.
Jar is operated as a digital savings platform focused on enabling Indians to invest in 24K gold through daily, weekly, or monthly savings plans. Accessibility is provided for small investments starting at 10. The platform is utilized in the fintech sector to simplify gold investment and build savings habits. Additionally, retail solutions are offered through Nek Jewellery for purchasing gold and silver products. Trust and security are emphasized with over 20 million users relying on the app for their financial growth.
Jar offers Digital Gold Savings and Nek Jewellery.
Jar has 120 investors. Key investors include Angel List, BlackSoil, Wellfound, Tribe Capital, and LetsVenture.
The valuation of Jar is $249.29M as of Dec 2024.