About Funngro
Funngro is a Technology company based in Mumbai (India) founded in 2021 by Payal Jain. Earning platform for youngsters is provided via project-based freelancing. Funngro has raised $195.06 thousand across 2 funding rounds from investors including GirnarSOFT, SucSEED Indovation and Amit Jain. The company has 1 employees. Funngro was last valued at $1.51 million in June 2023. Its website funngro.com draws about 304 thousand monthly visits. Its Indian entity Wishbanc Technologies Private Limited reported revenue of ₹2.76 Cr. Funngro offers products and services including Teenlancer and Shelancer. Its focus areas include Gig Economy, Freelancer IT and Business Management. Its competitors include Cosmofeed, FamApp and Junio; 3 of its 3 listed competitors have raised funding.
Company details
Funngro was founded in 2021 in Mumbai, India, as a platform linking teenagers with companies for paid freelancing projects. Assignments in content creation, social media management, app development, surveys, testing, and data tasks are facilitated. Income, experience, and certificates are earned by participants. A curated marketplace matches projects with teen talent, while digital task management, age compliance, and optional learning programs are incorporated for structured operations.
- Headquarters Mumbai, India
- Employees 1
- Founders Payal Jain
- Stage Minicorn
- SectorsTechnology
- Website category Gambling · Sports Betting
- Email••••••••
- Website funngro.com
- Social LinkedIn X Facebook
- Legal Name Wishbanc Technologies Private Limited
- Date of Incorporation 29 May, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2.76 Cr
FY 2025 · +156% YoY
- Net Profit₹1.4 Lakh
FY 2025 · 0% margin
- EBITDA₹17.2 Lakh
FY 2025 · 6% margin
- Total Equity Funding$195.06K (USD)
in 2 rounds
- Latest Funding Round$162.27K (USD), Seed
Jun 2023
- InvestorsGirnarSOFT
& 4 more
- Employee Count1
Associated legal entities of Funngro
Funngro operates through Wishbanc Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wishbanc Technologies Private Limited CIN U72900MH2021PTC361215 | Active | 29 May 2021 | Mumbai, Maharashtra | ₹2.8 Cr | 2 | View details |
Products & Services of Funngro
Funngro offers a comprehensive portfolio of products and services, including Teenlancer and Shelancer.
Platform for teenagers to connect with companies for work opportunities.
Service enabling women to find and engage in job opportunities.
Apps and channels of Funngro
Funngro publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of Funngro
Funngro has successfully raised a total of $195.06K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $162.27 thousand completed in June 2023. 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 $195,062
- Total Rounds 2
- Last Round Seed — $162,273
- First Round $32,790
(Mar 2023)
- Investors Count 5
All 2 funding rounds of Funngro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $162,273 | Seed | $1.51M | SucSEED Indovation | |
| Mar 2023 | $32,790 | Angel Round | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2023 | $1.51M | •••••••• |
Last known valuation $1.51M (Jun 2023). 5 investors in total: 2 institutional and 3 angel.
Investors in Funngro
Funngro has secured backing from 5 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include GirnarSOFT, SucSEED Indovation and Amit Jain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in early to growth-stage tech startups across various sectors. | 2016 | sucseed-indovation.com | Hyderabad, India | |
Provider of website, web & mobile application development, BI, and digital marketing services | 2007 | girnarsoft.com | Jaipur, India | |
AJ Amit Jain | CEO of CarDekho, prominent angel investor in Indian startups | unknown_8a2b996314f545258 | ||
NT Namita Thapar | Executive Director at Emcure Pharmaceuticals, angel investor, Shark Tank India judge | unknown_08829efe0abc4c248 | ||
PR Priti Rathi Gupta | unknown_589ce26309b64b349 |
Investor details for Funngro
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Wishbanc Technologies Private Limited (Funngro)
Wishbanc Technologies Private Limited is the primary company behind Funngro. The board of Wishbanc Technologies Private Limited currently have 2 directors; the longest-serving is Payal Jain, appointed in 2021. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Payal Jain DIN 09187581 | Director | 29 May 2021 | 5 yrs 4 mo | Wishbanc Technologies Private Limited |
| Anik Jain DIN 08140770 | Director | 03 Mar 2023 | 3 yrs 7 mo | Wishbanc Technologies Private Limited |
People of Funngro
1 people are tracked at Funngro (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Funngro
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Funngro
Figures of Wishbanc Technologies Private Limited, the primary company behind Funngro, for FY 2025. Revenue was ₹2.76 Cr (+156% year on year). Net profit was ₹1.4 Lakh (0% margin). EBITDA was ₹17.2 Lakh (6% margin). Revenue has grown at a compounded annual rate of +965% over three years.
- ₹2.76 CrRevenue · FY 2025 · +156% YoY
- ₹1.4 LakhNet profit · 0% margin
- ₹17.2 LakhEBITDA · 6% margin
- ₹25,450Paid-up capital
- +965%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Wishbanc Technologies Private Limited are on its company page.
Detailed financial statements for Funngro
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Funngro
4 dated milestones of Funngro across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Funngro is founded.
- Funding First funding round of $33K.
- Funding Latest funding round, Seed, of $162K.
- Milestone Reaches Minicorn status.
Competitors of Funngro
Funngro has 3 listed competitors in our database, 3 of them funded. They include Cosmofeed, FamApp and Junio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cosmofeed.com | 2021 | Bengaluru, India | $2.32M | 82 | Platform offering a suite of products for creators and soloprenuers to monetize digital content | |
| famapp.in | 2019 | Bengaluru, India | $42.7M | 69 | FamApp by Trio is focused on financial inclusion for the next generation through UPI and card payment solutions. | |
| junio.in | 2020 | Delhi, India | $8.17M | Provider of a digital payment platform that offers a prepaid RuPay powered smartcard designed for students to manage their day-to-day online and offline expenses, track spending, and earn rewards |
Detailed competitors of Funngro
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Funngro
The website of Funngro (funngro.com) receives about 304.3K visits a month and ranks #149,182 among all websites worldwide, #3,224 in Sports Betting.
- Monthly visits304.3K
▼ 14.2% vs previous month
- Unique visitors104.2K
per month
- Global rank#149,182
among all websites
- Category rank#3,224
Gambling · Sports Betting
- Bounce rate45%
- Pages per visit2.5
- Average visit3 min 29 sec
- DevicesDesktop 2% · Mobile 98%
Websites whose visitors overlap most with Funngro. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| inboxpounds.co.uk | 100% | #147,222 | View details | ||
whtsgrouplinks.net | whtsgrouplinks.net | 100% | – | ||
chatgpt.com | chatgpt.com | 50% | #6 | – |
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Related news about Funngro
Complete news archive for Funngro
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Frequently Asked Questions about Funngro
Funngro was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Funngro is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Funngro is a funded company, having raised a total of $195.06K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $32.79K, raised on Mar 2023.
Funngro has 1 employees.
The primary company behind Funngro, Wishbanc Technologies Private Limited, reported revenue of ₹2.76 Cr for FY 2025, up 156% year on year.
Funngro was founded in 2021 in Mumbai, India, as a platform linking teenagers with companies for paid freelancing projects. Assignments in content creation, social media management, app development, surveys, testing, and data tasks are facilitated. Income, experience, and certificates are earned by participants. A curated marketplace matches projects with teen talent, while digital task management, age compliance, and optional learning programs are incorporated for structured operations.
Funngro offers Teenlancer and Shelancer.
Funngro has 5 investors. Key investors include GirnarSOFT, SucSEED Indovation, Amit Jain, Namita Thapar, and Priti Rathi Gupta.
The valuation of Funngro is $1.51M as of Jun 2023.
Funngro operates through Wishbanc Technologies Private Limited.
The legal entities of Funngro currently have 2 directors, including Payal Jain, Anik Jain.