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Inc42
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Jar’s $50 Mn Funding Deal Falls Through Over Valuation Differences
- Fintech startup Jar's $50 Mn funding deal with investors, led by Prosus, collapsed over valuation differences.
- Jar sought a valuation of $300 Mn to $350 Mn, while investors pegged the company at $200 Mn to $250 Mn.
- Potential investors included Prosus, SIG, and Arkam Ventures.
- Jar is now focusing on IPO plans after the failed funding deal.
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