Jar raises Rs 29 crore from existing investor Unitary Fund at a 23% valuation premium for its Series B2 round.
Amount Raised
₹290 Million
Round Type
Series B
BengaluruFinancial ServicesSoftwareInvestors
Description
Jar, a Bengaluru-based gold savings platform, has secured Rs 29 crore in fresh funding from existing backer Unitary Fund. The round values the company at Rs 3,155 crore, representing a 23% increase from its previous valuation. The funding will be used for working capital requirements and general corporate purposes. This capital infusion comes as the company faces regulatory scrutiny and discussions with other investors like WestBridge appear to have stalled.
Who to call at Jar, and when
A new round usually means Jar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Jar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Jar, from your own LinkedIn network
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Funding Insights
What this usually meansJar raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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