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Jar, a fintech app for savings, has raised $22.6 million in its Series B round, led by existing investor Tiger Global.
The startup has been valued at $300 million following the funding round.
Existing investors Arkam Ventures, Eximius Ventures, Force Ventures, LetsVenture, Rocketship Venture Capital and WEH Ventures also participated in the funding.
A new set of funds like 1Finance, Capier Investments, Cloud Capital, Folius Ventures, Panthera Capital, Prophetic Ventures and others also joined the capital raising round.
The startup is in talks with other external investors to extend the current round, but those details aren’t finalised yet, a person briefed on the matter said. The company declined to comment.The Bengaluru-based startup had raised $32 million led by Tiger Global, a New York-based investment firm, in February after which it was valued at around $200 million.
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