Series B2 · Fintech
Jar raises ₹29 crore Series B2 from existing investor Unitary Fund
Unitary took the full new allotment as Jar’s reported valuation rose 23% from its previous round.
A returning investor funds the full allotment
Jar’s board approved 170,589 Series B2 compulsorily convertible preference shares at ₹1,700 each, reported as a ₹29 crore financing. Existing backer Unitary Fund took the entire allotment.
The round comes at a reported 23% valuation premium to the previous financing. Proceeds are intended for working capital and general corporate purposes across Jar’s savings and gold-related businesses.
Use of funds
Working capital
General corporate purposes
Funding history
Series B2 · This round~₹290M