Tiger Global leads Jar's $22mm Series B round
EMVC portfolio company Jar raised $22mm in its series B round from investors including Tiger Global, Panthera Capital, Arkam Ventures and others.
Jar provides a digital gold investment platform for retail consumers in India and caters to over 9mm registered users and is growing at 20% per month.
On the fundraise Alex Cook, partner at Tiger Global,TechCrunch said:
“By starting with digital gold, a well-understood and well-loved asset class in India, Jar’s savings app has quickly gained trust and traction with young earners interested in developing a saving and investment strategy. We are impressed with the company’s rapid growth and are excited to double down as they expand into new asset classes.”