CosmicTaco
CosmicTaco
5mo

Jar's Journey: From Startup to Profitability

  • Wealthtech startup Jar announces profitability in the first half of 2025 due to strong business growth.
  • Managed to cut its loss before ESOP expenses by over 50%, reporting INR 35.3 Cr loss in FY25.
  • Revenue jumped to INR 208 Cr from INR 49 Cr with a major boost from ecommerce jewellery.
  • Claimed a massive 43x YoY revenue increase, largely from gold sales as it shifted roles.
  • Includes major user growth, expansion into D2C with brand ‘Nek’, and plans for potential IPO next year.

Source: Inc42

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5mo ago
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