As a total figure, Jar has raised $111.7 million in its funding rounds.

Aviral Srivastava, a 25-year-old medical professional in Lucknow, is taking an unconventional financial approach to purchase a pair of branded shoes. Instead of the traditional buy now, pay later option, he is embracing a “save now, buy later” plan to acquire the 18,000 rupee (US$216) footwear. The idea was thanks to Multipl, a lifestyle investment management app founded in 2020.Multipl app / Photo credit: Multipl“Since January, I invested 6,500 rupees (US$78) through Multipl, and it is now valued at 7,200 (US$87) rupees,” Srivastava says. Not only did his investment yield an 11% return in just eight months, Srivastava can also get discounts or vouchers from popular brands once he finally buys the pair of shoes he’s been eyeing. Meanwhile, GB Deenesh, a finance professional from Pondicherry, opted for a more aggressive investment strategy. Instead of settling for a regular fixed deposit with a 6% to 7% interest, he ventured into the bond market through Indian investment app Wint Wealth

Retailtech startup Daalchini raises $4M in Series A round. Daalchini Technologies on Wednesday said it has raised $4 million in a Series A funding round led by Unicorn India Ventures