About Slonkit
Slonkit is a company based in Mumbai (India) founded in 2015. Slonkit has raised $1.56 million across 2 funding rounds from investors including IDFC First Bank, Capital First and SVJ Capital. The company has 17 employees as of April 06, 2024. Slonkit operates in a competitive market with competitors including Greenlight, FamApp, Junio, YPay Card and Funngro, among others.
- Headquarter Mumbai, India
- Employees 17 as on 06 Apr, 2024
- Stage Minicorn
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Sienna Systems Resources Private Limited
- Date of Incorporation 17 Jun, 2010
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$879.99 K (USD)-17.75as on Mar 31, 2017
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Net Profit
-$553.34 K (USD)-49.24as on Mar 31, 2017
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EBITDA
-$357.86 K (USD)-108.58as on Mar 31, 2017
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Total Equity Funding
$1.56 M (USD)
in 2 rounds
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Latest Funding Round
$836.66 K (USD), Seed
Apr 27, 2018
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Investors
IDFC First Bank
& 2 more
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Employee Count
17
as on Apr 06, 2024
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Funding Insights of Slonkit
Slonkit has successfully raised a total of $1.56M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $836.66 thousand completed in April 2018. 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 Slonkit
Slonkit has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include IDFC First Bank, Capital First and SVJ Capital.
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Specialized financing for real estate infrastructure is provided in India.
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Commercial bank
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Investor details for Slonkit
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Investments & Acquisitions by Slonkit
Investment portfolio details for Slonkit
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Financial Statements - Slonkit
Detailed financials for Slonkit
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Slonkit Comparisons
Peer comparison for Slonkit
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Competitors of Slonkit
Slonkit 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, Junio, YPay Card and Funngro, 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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FamApp by Trio is focused on financial inclusion for the next generation through UPI and card payment solutions.
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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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Payment cards for teens are issued to manage personal spending.
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Earning platform for youngsters is provided via project-based freelancing.
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An app-based platform offering prepaid card services for users.
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Detailed competitors of Slonkit
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Latest news on Slonkit
Complete news archive for Slonkit
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Frequently Asked Questions about Slonkit
Slonkit was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Slonkit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Slonkit is a funded company, having raised a total of $1.56M across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Slonkit is 17.
Annual revenue of Slonkit is $879.99K as on Mar 31, 2017.
Slonkit was founded in 2015 in Mumbai, India, operating in the fintech sector. A bank-issued prepaid card and mobile wallet are offered to help teenagers and students aged 10 and older manage expenditures. Features such as money transfers and loyalty programs are included. Parents are allowed to register up to four children on a single account. The service focuses on financial tracking and control within the Indian market.
Slonkit's top competitors include FamApp, Greenlight and Junio.
Slonkit has 3 investors. Key investors include IDFC First Bank, Capital First, and SVJ Capital.
The valuation of Slonkit is $9.93M as of Apr 2017.