Junio

Delhi, India Founded: 2020 • Age: 6 yrs
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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About Junio

Junio is a company based in Delhi (India) founded in 2020 by Shankar Nath and Ankit Gera.. Junio has raised $8.17 million across 4 funding rounds from investors including Angel List, Hathway Cable & Datacom and Wellfound. Junio operates in a competitive market with competitors including Greenlight, FamApp, YPay Card, Funngro and Pencilton, among others.

  • Headquarter Delhi, India
  • Founders Shankar Nath, Ankit Gera
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $879.17 K (USD)
    128
    as on Mar 31, 2024
  • Net Profit
    $-370.26 K (USD)
    4
    as on Mar 31, 2024
  • EBITDA
    $-479.81 K (USD)
    37
    as on Mar 31, 2024
  • Total Equity Funding
    $8.17 M (USD)

    in 4 rounds

  • Latest Funding Round
    $6 M (USD), Seed

    Mar 04, 2022

  • Investors
    Angel List

    & 90 more

  • Employee Count
    Employee Count
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People of Junio
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Megha Singh
Product Marketing Manager
People
Nirbhay Gupta
Engineering Lead
People
Saleem Khan
Design Lead
People
Ankit Gera
Co-Founder

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Funding Insights of Junio

Junio has successfully raised a total of $8.17M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in March 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 Rounds 4
  • Last Round Seed — $6.0M
  • First Round

    (25 Jan 2021)

  • Investors Count 91
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Seed - Junio Valuation Nava Limited
Jul, 2021 Amount Angel Round - Junio Valuation Kavit Sutariya
Apr, 2021 Amount Seed - Junio Valuation Venture Catalysts , Z Nation Lab
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Junio

Junio has secured backing from 91 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Hathway Cable & Datacom and Wellfound. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Series A investments are managed by this venture capital firm.
Founded Year Domain Location
Seed-stage investments are targeted by Kayenne Ventures.
Founded Year Domain Location
Investments are directed toward healthcare, logistics, education, and multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Junio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Junio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Junio Comparisons

Employees
+
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Competitors of Junio

Junio 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, FamApp, YPay Card, Funngro and Pencilton, 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
App-based investment platform for kids and teens is operated.
domain founded_year HQ Location
FamApp by Trio is focused on financial inclusion for the next generation through UPI and card payment solutions.
domain founded_year HQ Location
Payment cards for teens are issued to manage personal spending.
domain founded_year HQ Location
Earning platform for youngsters is provided via project-based freelancing.
domain founded_year HQ Location
An app-based platform offering prepaid card services for users.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Junio

Frequently Asked Questions about Junio

When was Junio founded?

Junio was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Junio located?

Junio is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Is Junio a funded company?

Junio is a funded company, having raised a total of $8.17M across 4 funding rounds to date. The company's 1st funding round was a Seed of $803.09K, raised on Jan 25, 2021.

What is the annual revenue of Junio?

Annual revenue of Junio is $879.17K as on Mar 31, 2024.

What does Junio do?

Junio was established in 2020 in Delhi, India, within the fintech sector. A prepaid RuPay-powered smartcard is offered through its digital payment platform, enabling students to handle online and offline transactions for daily expenses. Spending is tracked and monitored, while rewards are earned on purchases. The solution supports financial responsibility by providing tools for expense oversight in an accessible format.

Who are the top competitors of Junio?

Junio's top competitors include FamApp, Greenlight and YPay Card.

Who are Junio's investors?

Junio has 91 investors. Key investors include Angel List, Hathway Cable & Datacom, Wellfound, Venture Catalysts, and LetsVenture.

What is Junio's valuation?

The valuation of Junio is $39.2M as of Mar 2022.

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