Bihar - Misbah Ashraf, college dropout built Rs 2463 crore firm.
Credit to Google Img
By Nanda Srinivs
Misbah Ashraf was born into a middle-class family and brought up in Bihar. Father is teacher and mother is housewife.
Credit to Google Img
Credit to Google Img
To become an entrepreneur, Ashraf dropped out of college in the first year college.
Credit to Google Img
In May 2021 AShraf launched third venture called Jar main idea behind this startup is to save and invest.
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Jar ! After 18 months, it crossed 11 million users and the fintech firm raised 58 million dollars in funding.
Misbah Ashraf dropping out of college, worked at companies like Pulse.qa (YC), Pursuit, Toymail (YC), Spangle etc.
Credit to Google Img
Credit to Google Img
In over a year later, Ashraf's Jar raised 22.6 million dollars at valuation of 300 million dollars about Rs 2463 crore.
Credit to Google Img
when funding had slowed down,It is one of the few companies that had struck a multi-million dollar deal at a time .
Credit to Google Img
Nishchay AG is his co-founder and he is chief the product officer of the company and Jar is his third company.