About Junio
Junio is a Financial Services company based in Delhi (India) founded in 2020 by Shankar Nath and Ankit Gera. 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. Junio has raised $8.17 million across 5 funding rounds from investors including Angel List, Hathway Cable & Datacom and Wellfound. Junio was last valued at $39.2 million in March 2022. Its website junio.in draws about 16 thousand monthly visits. Its Indian entity Junio Payments Private Limited reported revenue of ₹33.4 Lakh. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include FamApp, YPay Card and Funngro; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Delhi, India
- Founders Shankar Nath, Ankit Gera
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website junio.in
- Social LinkedIn X
- Legal Name Junio Payments Private Limited
- Date of Incorporation 12 Aug, 2024
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹33.4 Lakh
FY 2025
- Net Loss-₹38.4 Lakh
FY 2025 · -115% margin
- EBITDA-₹34.2 Lakh
FY 2025 · -102% margin
- Total Equity Funding$8.17M (USD)
in 5 rounds
- Latest Funding Round$6M (USD), Seed
Mar 2022
- InvestorsAngel List
& 90 more
Associated legal entities of Junio
Junio is associated with 2 registered companies on The Company Check; the primary company is Junio Payments Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Junio Payments Private Limited CIN U66190DL2024PTC435383 | Active | 12 Aug 2024 | New Delhi, Delhi | ₹0.3 Cr | 4 | View details | |
| Firstpay Technologies Private Limited CIN U72900DL2020PTC369181 | Active | 03 Sep 2020 | New Delhi, Delhi | ₹19.5 Cr | 2 | View details |
Funding Insights of Junio
Junio has successfully raised a total of $8.17M across 5 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 $8.17M
- Total Rounds 5
- Last Round Seed — $6M
- Investors Count 91
All 5 funding rounds of Junio 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 |
|---|---|---|---|---|---|
| Mar 2022 | $6M | Seed | $39.2M | Nava Limited | |
| Jul 2021 | Angel Round | – | Kavit Sutariya | – | |
| Apr 2021 | $803,090 | Seed | $19.89M | Venture Catalysts, Z Nation Lab | |
| Jan 2021 | $1.37M | Seed | $••••• | Wellfound, Angel List | |
| Jan 2021 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $39.2M | •••••••• |
| Apr 2021 | $19.89M | •••••••• |
| Jan 2021 | $••••• | •••••••• |
Full valuation and stage history of Junio
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $39.2M (Mar 2022). 91 investors in total: 21 institutional and 70 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Series A investments are managed by this venture capital firm. | rajivdadlanigroup.tcc.mode | |||
Seed-stage investments are targeted by Kayenne Ventures. | kayenneventures.tcc.mode | Singapore, Singapore | ||
Investments are directed toward healthcare, logistics, education, and multiple sectors. | nbventuresme.com | Dubai, United Arab Emirates | ||
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Long-term investments in venture capital and public markets are pursued. | guavacapital.com | |||
Venture capital funding is provided to innovative startups in India. | qedinnovationlabs.tcc.mode | Mumbai, India | ||
Early-stage venture capital fund and accelerator and incubator | otp.vc | Delhi, India | ||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
A distributor specializing in gelatin capsules for pharmaceutical applications. | 1961 | associatedcapsules.com | Mumbai, India |
Investor details for Junio
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Board of directors of Junio Payments Private Limited (Junio)
Junio Payments Private Limited is the primary company behind Junio. The boards of the 2 registered companies of Junio currently have 4 directors; the longest-serving is Ankit Gera, appointed in 2020. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Gera DIN 08862074 | Director | 03 Sep 2020 | 6 yrs 1 mo | Firstpay Technologies Private Limited, Junio Payments Private Limited |
| Shankar Nath DIN 01849402 | Director | 03 Sep 2020 | 6 yrs 1 mo | Firstpay Technologies Private Limited, Junio Payments Private Limited |
| Nirbhay Gupta DIN 10740028 | Director | 12 Aug 2024 | 2 yrs 2 mo | Junio Payments Private Limited |
| Siba Narayan Panda DIN 09831293 | Director | 01 May 2025 | 1 yr 5 mo | Junio Payments Private Limited |
People of Junio
7 people are tracked at Junio (2 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Megha Singh | Product Marketing Manager | Team |
| Engineering Lead | Team | |
Saleem Khan | Design Lead | Team |
Prakhar Mishra | Engineering Team | Team |
Rashmi Sahu | Software Engineer | Team |
Complete people profiles for Junio
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Financials of Junio
Figures of Junio Payments Private Limited, the primary company behind Junio, for FY 2025. Revenue was ₹33.4 Lakh. Net loss was -₹38.4 Lakh (-115% margin). EBITDA was -₹34.2 Lakh (-102% margin).
- ₹33.4 LakhRevenue · FY 2025
- -₹38.4 LakhNet loss · -115% margin
- -₹34.2 LakhEBITDA · -102% margin
- ₹6.50 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Junio Payments Private Limited are on its company page.
Detailed financial statements for Junio
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Junio
4 dated milestones of Junio across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Junio is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $6.0M.
Competitors of Junio
Junio has 3 listed competitors in our database, 3 of them funded. They include FamApp, YPay Card and Funngro.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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. | |
| ypaycard.com | 2017 | Bareilly, India | $666,667 | 54 | Payment cards for teens are issued to manage personal spending. | |
| funngro.com | 2021 | Mumbai, India | $195,062 | Earning platform for youngsters is provided via project-based freelancing. |
Detailed competitors of Junio
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Junio
The website of Junio (junio.in) receives about 15.7K visits a month.
- Monthly visits15.7K
▼ 10.8% vs previous month
Websites whose visitors overlap most with Junio. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rupay.co.in | 100% | 795.6K | #99,539 | View details |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Junio (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Junio
Complete news archive for Junio
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Frequently Asked Questions about Junio
Junio was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Junio is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Junio is a funded company, having raised a total of $8.17M across 5 funding rounds to date.
The primary company behind Junio, Junio Payments Private Limited, reported revenue of ₹33.4 Lakh for FY 2025.
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.
Junio has 91 investors. Key investors include Angel List, Hathway Cable & Datacom, Wellfound, Venture Catalysts, and LetsVenture.
The valuation of Junio is $39.2M as of Mar 2022.
Junio is associated with 2 legal entities: Junio Payments Private Limited, Firstpay Technologies Private Limited.
The legal entities of Junio currently have 4 directors, including Ankit Gera, Shankar Nath, Nirbhay Gupta and others.