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Indian fintech startup Jar turns cash flow positive
Bengaluru-based fintech startup Jar has confirmed that it is now cash flow positive.
This milestone reflects the company’s continued growth in its savings and investment platform.
Founded three years ago and backed by Tiger Global, Jar reportedly grew over tenfold in the past year.
The startup has expanded its offerings by introducing lending services and an online jewelry segment named Nek, which is generating approximately US$13 million in annual sales.
Recent Jar developments
| Timeline |
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24-Dec-2024 📈 Indian wealthtech startup Jar cuts losses by 15%
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14-Mar-2024 🚗 Carsome appoints ex-Jardine exec to COO post as it eyes IPO
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24-Jan-2017 🤖 What can Mark Zuckerberg’s Jarvis do as home assistant?
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21-Mar-2016 📊 What the most common project management jargon actually mean (INFOGRAPHIC)
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22-Feb-2016 🗣️ What the most common startup jargon actually mean
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