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UPI

India's mandated payment rails behind the fintech boom

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Jar's average user saves $300 in 2-3 months at a $12M valuation

Shaan put $150K into Jar at a $12M valuation with a 20% discount; they were raising ~$1M. The average user had saved $300 (USD) within about two to three months via micro-deposits.

$12M
Valuation (Jar seed round) · USD
So I put in $150K and it's got a $12 million valuation and a 20% discount. And so, so, so I put in $150K. They're raising about a million bucks.
EP 195 · 14:43 · SHAAN
Read at 14:43
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