Friday, 24 March, 2023

Fintech start-up Jar eyes $50 M investment

<p>Jar, which runs an app with the same name, is assisting millions of Indians in starting investments and saving for adventures. The Bengaluru-based fintech is in talks with a number of investors to raise $50M at a $350M value. In Feb of this year, it completed a $32M fundraising round. Jar is addressing this by using a financial item that most Indians are comfortable with: gold. Users&#39; digital gold deposits are backed by an equal quantity of genuine gold.</p>