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Indian fintech Jar has changed the flow of money, the head of the Tiger Global-backed startup confirmed on Wednesday, as it plans to expand its offerings.
The the beginning of three yearswhich gives users the opportunity to start their journey of saving money and money, achieved its potential while growing more than 10 times last year, according to TechCrunch’s investor note analysis.
The push for profitability comes as many of India’s fast-growing economies are streamlining their finances and cutting back on spending at. be ready for an IPO.
Jar has expanded its offerings over the past year and a half, adding online jewelry rentals and sales to its business. Her jewelry business, called Nek, is doing about $13 million a year in sales, according to an investor filing.
The new offering comes at a time when the launch of the Bengaluru headquarters is under discussion a total of $50 million in the new financial sector, according to the Indian Economic Times. Jar declined to comment on the fundraising news.
