Key Metrics
  • No. of Employees129
  • Founded Year 2021
  • Company StagePrivate Limited Company
  • Total Funding₹455.3 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Jar
Jar is a daily gold savings app that lets you save money by taking spare change from your online transactions and investing it in digital gold automatically. Jar is the first Made in India app to come up with an innovative solution to save money daily and invest automatically in digital gold for the best gold rate. asy, Simple and the fastest way to Save Money and Invest With Jar, you can save money and grow your wealth with 24K gold. Buy & sell digital gold, at the best gold rate, starting at just ₹1. Jar helps you create a habit of daily savings by auto investing small amounts as investments in Digital gold, which can be redeemed or withdrawn whenever you want to your Phonepe, Paytm or Googlepay account.
Business Model

Jar allows users to invest as low as Re 1 in digital gold and investors on the platform can convert their digital gold to physical gold anytime in the form of coins or jewellery with the help of the company’s partners. It allows withdrawals after 24 hours of investment and there is no minimum lock-in period.

Top Competitors
SP
Spare8U72900MH2020PTC351655
SA
SayfU74999KA2021PTC148629
GU
GullakU72900KA2022PTC165489
GO
GoldpeU72900GJ2021PTC124600
Jar Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹455.3 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Tiger Global, Unitary Fund
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Jar Financial Details
Financial Highlights
FY 2023-24 Revenue₹38.36 Cr
FY 2023-24 Expenses₹132.88 Cr
FY 2023-24 Profit/Loss-₹94.52 Cr
Net Cash Flow From Operations-₹92.92 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Jar Key People
People Metrics
Current Core Team2
Board Members/Directors3

Core Team

NB
Nishchay Babu Arkalgud GowrishankarCo-Founder & CEO
MA
Misbah AshrafCo-Founder

Board Members/Directors

RC
Rahul ChandraDirector
MA
Misbah AshrafDirector
NB
Nishchay Babu AGDirector
Jar Documents

AY - 2021-22

Profit and Loss statement - Jar - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Jar for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Jar - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Jar for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Jar - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Jar for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Jar - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Jar for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Jar - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Jar for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Jar - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Jar for FY 2023-24
₹249.00 ₹498.00

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