Jar FY25 revenue up 50-fold to Rs 2,447 crore, net loss halves

01 Dec 2025, 11:28 AM

Jar's net loss narrowed significantly to Rs 50.5 crore in FY25 from Rs 104 crore in the previous fiscal.

Team Head&Tale

Wealthtech startup Jar reported a 50-fold jump in revenue from operations to Rs 2,447.8 crore in the fiscal ended March 31, 2025 from Rs 49 crore in the previous fiscal.

Jar's net loss narrowed significantly to Rs 50.5 crore in FY25 from Rs 104 crore in the previous fiscal, the Inc42 reported based on filings with the Registrar of Companies.
Total expenses of Jar grew to Rs 2,501.2 crore during the fiscal as compared to Rs 160.4 crore in FY24.
Employee cost grew to Rs 71.4 crore in FY25 from Rs 68.7 crore in the previous financial year.

The startup, founded in 2021 by Nishchay AG and Misbah Ashraf, had last raised $22 million in its Series B funding round led by Tiger Global and other investors at a post-money valuation of $300 million.

Jar entered into the ecommerce jewellery segment under the brand Nek in October 2024. The startup also claimed it achieved profitability in the first two quarters of 2025 (Q4 FY25 and Q1 FY26).

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