Jar - About the company
Jar is a series B company based in Bengaluru (India), founded in 2021 by Nishchay Babu Arkalgud Gowrishankar and Misbah Ashraf. It operates as a Provider of a digital financial platform for automated gold savings and investment. Jar has raised $66.3M in funding from investors like Arkam Ventures, Tiger Global Management and WEH Ventures, with a current valuation of ₹*****. The company has 71 active competitors, including 21 funded and 5 that have exited. Its top competitors include companies like Acorns, Grifin and Plinqit.
Company Details
Provider of a digital financial platform for automated gold savings and investment. This service enables users to save fixed amounts in digital gold on a daily, weekly, or monthly basis. The platform allows for the accumulation of gold assets, which can be held, sold, or converted into physical gold products. By integrating with digital payment systems, the application facilitates consistent saving habits and provides access to gold-based financial tools for personal wealth management. PF = Yes
- Website
- myjar.app
- Email ID
- *****@changejar.in
- Phone Number
- +91 **********
- Registered Address
- 752, 18th Main Road, 6th Block, Koramangala, Bangalore, Bangalore, Karnataka, India, 560095
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Series B
Total Funding
$66.3M in 6 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 10, 2026
Investors
Ranked
2nd among 71 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
267 as on May 31, 2026
Legal entities associated with Jar
Jar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CHANGEJAR TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2021PTC143459 , India, Active | Jan 23, 2021 | ₹1,000+ Cr (As on Mar 31, 2025) | 267 (As on May 01, 2026) |
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Jar's funding and investors
Jar has raised a total funding of $66.3M over 6 rounds. Its first funding round was on Apr 08, 2021. Its latest funding round was a Series B round on Sep 10, 2026 for $*****. 1 investor participated in its latest round. Jar has 78 institutional investors and 55 angel investors.
Here is the list of recent funding rounds of Jar:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 10, 2026 | 4145092 | Series B | 5923851 | 1827193 | 1592159 | 8898960 |
Dec 14, 2024 | 3044703 | Series B | 5448361 | 7653117 | 6361317 | |
Aug 18, 2022 | 1101902 | Series B | 4688078 | 7066470 |
View details of Jar's funding rounds and investors
Jar's founders and board of directors
Founder? Claim ProfileThe founders of Jar are Nishchay Babu Arkalgud Gowrishankar and Misbah Ashraf. Nishchay Arkalgud Gowrishankar is the CEO of Jar.
Here are the details of Jar's key team members:
- Nishchay Babu Arkalgud Gowrishankar: Co-Founder & CEO of Jar. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Misbah Ashraf: Co-Founder of Jar and founder of 3 other companies, Marsplay, Cibola and Marsplay. They are also an angel investor in 1 startup and serve on the boards of 3 companies.Contact Info: 1 email address and 1 phone number
- David Bea: Co-CEO of Jar.
Jar's Board of Directors
Jar's board has 3 active members. Rahul Chandra, Nishchay Babu Arkalgud Gowrishankar and Misbah Ashraf are part of team.Here is the list of Jar's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 7m | |
Team | - | Current | 5y 7m | |
Investor | Arkam Ventures | Current | 4y 6m |
View details of Jar's Founder profiles and Board Members
Jar's employee count trend
Jar has 267 employees as of May 26. The total employee count is 6.0% more than what it was in May 25. Here is Jar's employee count trend over the years:
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Jar's Competitors and alternates
Top competitors of Jar include Acorns, Grifin and Plinqit. Here is the list of Top 10 competitors of Jar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Acorns 2012, Irvine (United States), Series F | App-based platform for spare change investment | $588M | 78/100 | |
2nd | Provider of a digital financial platform for automated gold savings and investment | $66.3M | 77/100 | ||
3rd | Grifin 2016, Tampa (United States), Series A | Provider of an investment platform that enables stock purchases through everyday spending | $22M | 52/100 | |
4th | Plinqit 2015, Ann Arbor (United States), Series A | Automated micro-savings app | $10M | 51/100 | |
5th | Raiz Invest Australia 2015, Sydney (Australia), Public | Online micro-investment platform | - | 45/100 | |
6th | Micro-savings app | $233K | 44/100 | ||
7th | Provider of an application that invests spare change into mutual funds | $4.86M | 43/100 | ||
8th | moneyhero.site 2018, Huelva (Spain), Unfunded | Goal-based savings management app | - | - | 41/100 |
9th | Provider of automated micro savings and digital investment management services | $400K | 41/100 | ||
10th | Micro-savings & investment platform | $14M | 41/100 |
Looking for more details on Jar's competitors? Click here to see the top ones
Jar's Investments and acquisitions
Jar has made no investments or acquisitions yet.
Reports related to Jar
Here is the latest report on Jar's sector:
News related to Jar
Media has covered Jar for a total of 6 events in the last 1 year, 2 of them have been about company updates.
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Jar posts Rs 2,448 cr revenue after accounting change, narrows losses by 69% in FY25Moneycontrol•Sep 19, 2025•Jar
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Jar enters UPI payments through BharatPe and Unity BankEntrackr•May 29, 2025•Jar, BharatPe, Unity Small Finance Bank
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Digital gold savings startup Jar searched by Karnataka CID over potential violationsMoneycontrol•Feb 25, 2025•Jar
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