Funngro

Mumbai, India Founded: 2021 • Age: 5 yrs
Earning platform for youngsters is provided via project-based freelancing.
Annual revenue - Latest available
Total funding $195,062 2 rounds
Employees 1 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Funngro

Funngro is a company based in Mumbai (India) founded in 2021 by Payal Jain. Funngro has raised $195.06 thousand across 2 funding rounds from investors including GirnarSOFT, SucSEED Indovation and Amit Jain. The company has 1 employees as of April 03, 2024. Funngro offers products and services including Teenlancer and Shelancer. Funngro operates in a competitive market with competitors including Greenlight, Cosmofeed, FamApp, Agenda Boa and Junio, among others.

  • Headquarter Mumbai, India
  • Employees 1 as on 03 Apr, 2024
  • Founders Payal Jain
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wishbanc Technologies Private Limited
  • Date of Incorporation 29 May, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $195.06 K (USD)

    in 2 rounds

  • Latest Funding Round
    $162.27 K (USD), Seed

    Jun 07, 2023

  • Investors
    GirnarSOFT

    & 4 more

  • Employee Count
    1

    as on Apr 03, 2024

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Products & Services of Funngro

Funngro offers a comprehensive portfolio of products and services, including Teenlancer and Shelancer.

Product name locked
Category locked
Primary

Platform for teenagers to connect with companies for work opportunities.

Product name locked
Category locked
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Service enabling women to find and engage in job opportunities.

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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in early to growth-stage tech startups across various sectors.
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Provider of website, web & mobile application development, BI, and digital marketing services
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Amit Jain

CEO of CarDekho, prominent angel investor in Indian startups
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Investor details for Funngro

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Investments & Acquisitions by Funngro

Investments
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Investment portfolio details for Funngro

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Financial Statements - Funngro

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Detailed financials for Funngro

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Funngro Comparisons

Funngro Primary company
Description
Earning platform for youngsters is provided via project-base...
Location
Mumbai, India
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Funngro

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Competitors of Funngro

Funngro 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 Greenlight, Cosmofeed, FamApp, Agenda Boa and Junio, among others.

Company Name Domain Founded year HQ Location Description
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App-based investment platform for kids and teens is operated.
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Platform offering a suite of products for creators and soloprenuers to monetize digital content
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FamApp by Trio is focused on financial inclusion for the next generation through UPI and card payment solutions.
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Online platform for freelancers to manage their projects and business
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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
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Cloud-based freelancer platform for business management
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Detailed competitors of Funngro

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Latest news on Funngro

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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.

As of Apr 03, 2024, the latest employee count at Funngro is 1.

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's top competitors include FamApp, Greenlight and Cosmofeed.

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.

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