India’s Jar raises $22.6 million

India-based Jar plans to use the new funding to expand its workforce and strengthen its technology stack

Jar has raised $22.6 million in a series B round that values the savings fintech at $300 million.

India-based Jar plans to use the new funding to expand its workforce and strengthen its technology stack, according to The Economic Times.

Tiger Global led the series B round, along with several other existing investors. There was also participation from new investors.

Jar previously raised $32 million in a round led by Tiger Global in February.

The fintech, headquartered in Bengaluru, aims to help consumers save while gaining access to investment opportunities, starting with gold.

Image: Jar

Mark Dugdale