About Fello
Fello is a company based in Bengaluru (India) founded in 2020 by Shourya Alala and Manish Maryada.. Fello has raised $5.18 million across 4 funding rounds from investors including Angel List, Wellfound and LetsVenture. Fello offers products and services including Fello App and Investment Opportunities. Fello operates in a competitive market with competitors including Blast, Coink, Long Game, EverUp and Flux, among others.
- Headquarter Bengaluru, India
- Founders Shourya Alala, Manish Maryada
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Transactree Enterprises Private Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$2.48 K (USD)0as on Mar 31, 2023
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Net Profit
$-135.43 K (USD)0as on Mar 31, 2023
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EBITDA
$-78.15 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$5.18 M (USD)
in 4 rounds
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Latest Funding Round
$4 M (USD), Series A
Dec 06, 2022
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Investors
Angel List
& 33 more
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Employee Count
Employee Count
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Products & Services of Fello
Fello offers a comprehensive portfolio of products and services, including Fello App and Investment Opportunities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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Funding Insights of Fello
Fello has successfully raised a total of $5.18M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $4.0M
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First Round
First Round
(22 Apr 2021)
- Investors Count 34
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Fello | Valuation | Courtside Ventures | |
| Jun, 2022 | Amount | Seed - Fello | Valuation | Y Combinator |
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| Nov, 2021 | Amount | Seed - Fello | Valuation | Entrepreneur First |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fello
Fello has secured backing from 34 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and LetsVenture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of a program turning individuals into funded technology company founders
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Micro venture capital fund focused on tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fello
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fello
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fello Comparisons
Competitors of Fello
Fello operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blast, Coink, Long Game, EverUp and Flux, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Gamification company
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| domain | founded_year | HQ Location |
App-based savings platform for individuals
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| domain | founded_year | HQ Location |
Prize-linked manual savings account
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| domain | founded_year | HQ Location |
Savings for individuals are enabled via interactive games and raffles.
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| domain | founded_year | HQ Location |
Flux Robotics is focused on AI-powered surgical robotic solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fello
Frequently Asked Questions about Fello
When was Fello founded?
Fello was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Fello located?
Fello is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Fello?
Manish Maryada is the current CEO of Fello. They have also founded this company.
Is Fello a funded company?
Fello is a funded company, having raised a total of $5.18M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Apr 22, 2021.
What is the annual revenue of Fello?
Annual revenue of Fello is $2.48K as on Mar 31, 2023.
What does Fello do?
Founded in 2020 in Bengaluru, India, Fello operates as a fintech platform focused on personal savings and investments. Services are delivered through an Android app, where game-based features enable users to save, grow funds, and earn rewards via in-house games and raffles. Participation in these activities is facilitated by game tickets, supporting individual financial engagement in the Indian market.
What products or services does Fello offer?
Fello offers Fello App and Investment Opportunities.
Who are Fello's investors?
Fello has 34 investors. Key investors include Angel List, Wellfound, LetsVenture, Upsparks Capital, and Entrepreneur First.
What is Fello's valuation?
The valuation of Fello is $4.53M as of Nov 2021.
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