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New Deal


Announced

Completed

Tiger Global led a $23m Series B funding round in Jar.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Venture Capital

Acquisition

Completed

Cross Border

Minority

Private Equity

Private

Friendly

Software

savings app

India

Synopsis

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Tiger Global led a $23m Series B funding round in Jar, an engagement platform for savings and investments, with participation from Arkam Ventures, Eximius Ventures, Force Ventures, LetsVenture, Rocketship Venture Capital, WEH Ventures, 1Finance, Capier Investments, Cloud Capital, Folius Ventures, Panthera Capital, Prophetic Ventures, Yes VC and Adam Nash. “We are seeing a 20% average growth in users’ savings from month to month and are excited to see them evolving into committed and confident investors. We will continue to expand our service offerings to suit them and help them achieve their goal of financial independence,” Nishchay AG, Jar. CEO and Co-Founder.

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