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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
Social
XFacebook
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
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
267 as on May 31, 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:lockFilter this list
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
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Jar's founders and board of directors

Founder? Claim Profile
Here are the details of Jar's key team members:

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

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:
Employee count trend for Jar
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Acorns
Acorns
2012, Irvine (United States), Series F
App-based platform for spare change investment
$588M
78/100
2nd
Logo for Jar
Jar
2021, Bengaluru (India), Series B
Provider of a digital financial platform for automated gold savings and investment
$66.3M
77/100
3rd
Logo for Grifin
Grifin
2016, Tampa (United States), Series A
Provider of an investment platform that enables stock purchases through everyday spending
$22M
52/100
4th
Logo for Plinqit
Plinqit
2015, Ann Arbor (United States), Series A
Automated micro-savings app
$10M
51/100
5th
Logo for Raiz Invest Australia
Raiz Invest Australia
2015, Sydney (Australia), Public
Online micro-investment platform
-
45/100
6th
Logo for Balance
Balance
2015, Bengaluru (India), Acqui-Hired
Micro-savings app
$233K
44/100
7th
Logo for Deciml
Deciml
2020, Pune (India), Seed
Provider of an application that invests spare change into mutual funds
$4.86M
43/100
8th
Logo for moneyhero.site
moneyhero.site
2018, Huelva (Spain), Unfunded
Goal-based savings management app
-
-
41/100
9th
Logo for Spenny
Spenny
2019, Bengaluru (India), Acquired
Provider of automated micro savings and digital investment management services
$400K
41/100
10th
Logo for Moka
Moka
2017, Montreal (Canada), Acquired
Micro-savings & investment platform
$14M
41/100
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Jar's Latest cap tables and shareholding

Founders (largest shareholder) own 43.65%, Funds own 34.75%, Enterprises own 2.31% and Angels own 11.21%. The net worth of Jar's founders is INR 1,320Cr as of Sep 10, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
43.65%
1,320Cr
6373957
7981745
3287838
5487632
9089730
6685560
4154993
7841076
6688431
6680664
7858315
3237181
2081242
7428851
5248001
3385882
Fund
34.75%
1,050Cr
9504528
1723246
7393686
4342657
8811679
5686601
7788481
2496630
8897407
6741054
8978374
4022556
3326283
9641888
9799670
9819112
29
42
16
73
84
55
89
80
33
30
72
58
0
0
0
0
0
0
Enterprise
2.31%
69.7Cr
80
10
18
92
Angel
11.21%
339Cr
3545571
1826019
7946805
3282269
Other People
0.55%
16.8Cr
0
0
0
0
ESOP Pool
7.37%
223Cr
7563422
7118961
1716648
8285985
Total
99.84%
3,020Cr
3961829
4992128
7109059
7570508
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Jar's Shareholding

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

lockFilter this list
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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FAQs about Jar

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