When was Fello founded?

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

Where is Fello located?

Fello is headquartered in Bengaluru, India. It is registered at HANTO WORKSPACE TECHNOLOGIES PVT LTD, KAVERI BUILDING,14TH MAIN,HSR LAYOUT, SECTOR 7, Bangalore, BANGALORE, Karnataka, India, 560102.

Who is the current CEO of Fello?

Manish Maryada of Fello. They have also founded 1 company.

Which legal entities is Fello associated with?

Fello is associated with 91GAMEFI PRIVATE LIMITED and 1 other.

How many employees does Fello have?

As of Jul 01, 2024, the latest employee count at Fello is 15.

Is Fello a funded company?

Fello is a funded company, having raised a total of $5.56M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 22, 2021.

How much is Fello worth?

The latest valuation of Fello is ₹***** as of Dec 26, 2022.

When was the latest funding round of Fello?

Fello's latest funding was a $***** Series A round on Dec 06, 2022, with participation from 13 investors. Its primary sector is Investment Tech. In India, the Investment Tech sector has seen $49.4M in funding in 2026 to date.

What is the annual revenue of Fello?

Annual revenue of Fello is ₹1.3Cr as on Mar 31, 2024.

Where does Fello rank among its competitors?

Fello ranks 2nd amongst 15 active competitors, of which 5 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Nova, which secured $285K in Mar, 2023.

Who are the top competitors of Fello?

Fello's top competitors include Blast, Coink and Long Game. Among them, Nova secured the most recent funding round in March, 2023.

Fello - 2026 Company Profile, Team, Funding, Competitors & Financials

Fello is a series A company based in Bengaluru (India), founded in 2020 by Shourya Lala and Manish Maryada. It operates as an App-based saving and investment platform for individuals. Fello has raised $5.56M in funding from investors like Entrepreneur First, Y Combinator and Courtside Ventures, with a current valuation of ₹*****. The company has 15 active competitors, including 5 that are funded. Its top competitors include companies like Blast, Coink and Long Game.

Company Details

App-based saving and investment platform for individuals. It offers game-based savings and investment platform for users to save, grow and earn. It offers users earn game tickets to participate in in-house games and raffles earn rewards. The app is available for the android devices.

Website: fello.in
Social
Email ID: *****@fello.in
Registered Address: HANTO WORKSPACE TECHNOLOGIES PVT LTD, KAVERI BUILDING,14TH MAIN,HSR LAYOUT, SECTOR 7, Bangalore, BANGALORE, Karnataka, India, 560102

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Series A

Total Funding

$5.56M in 4 rounds

Latest Funding Round

Series A, Dec 06, 2022, $*****

Post Money Valuation

₹***** as on Dec 26, 2022

Investors

Entrepreneur First & 37 more

Ranked

2^nd among 15 active competitors

Annual Revenue

₹1.3Cr as on Mar 31, 2024

Employee Count

15 as on Jul 01, 2024

Similar Companies

Blast & 24 more

View Fello's full profile

Fello is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
91GAMEFI PRIVATE LIMITED CIN: U72900KA2022PTC158907 , India, Under liquidation	Mar 15, 2022	$157K (As on Mar 31, 2024)	-
FELLO TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2021PTC142997 , India, Active	Jan 09, 2021	$67 (As on Mar 31, 2024)	-

Fello has raised a total funding of $5.56M over 4 rounds. Its first funding round was on Apr 22, 2021. Its latest funding round was a Series A round on Dec 06, 2022 for $*****. 13 investors participated in its latest round. Fello has 23 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of Fello:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 06, 2022	3717696	Series A	9241731	8406609	3558820	1235272
Mar 2022	1663177	Seed	4709991	8760720	7635597	2667287
Nov 03, 2021	7543044	Seed	7351030	9699412	Entrepreneur First	Acequia Capital & 23 more

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View details of Fello's funding rounds and investors

The founders of Fello are Shourya Lala and Manish Maryada. Manish Maryada is the CEO of Fello.

Here are the details of Fello's key team members:

Shourya Lala: Former Co-Founder of Fello and founder of 2 other companies, Third Chair and CRYB. They serve on the board of 1 company.
Manish Maryada: Co-Founder & CEO of Fello. They serve on the board of 1 company.

Fello's Board of Directors

Fello's board has 3 active members. Shourya Lala and Manish Maryada are part of team and Umarani Maryada is independent board member.

Here is the list of Fello's board of directors:

Name	Type	Representing	Status	Duration
Shourya Lala	Team	-	Current	5y 3m
Manish Maryada	Team	-	Current	5y 3m
Umarani Maryada	Independent board member	-	Current	2y 3m

View details of Fello's Founder profiles and Board Members

Fello's employee count trend

Fello has 15 employees as of Jul 24. Here is Fello's employee count trend over the years:

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Top competitors of Fello include Blast, Coink and Long Game. Here is the list of Top 10 competitors of Fello, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Blast 2018, Newport Beach (United States), Seed	Gamification company	$12M	Core Innovation Capital, Wilson Sonsini Goodrich & Rosati ... & 11 others	55/100
2nd	Fello 2020, Bengaluru (India), Series A	App-based saving and investment platform for individuals	$5.56M	Flucas Ventures, Kube VC & 36 others	52/100
3rd	Coink 2015, Bogota (Colombia), Funding Raised	App-based savings platform for individuals	-	Inclusive Fintech 50	45/100
4th	Long Game 2015, San Francisco (United States), Acqui-Hired	Prize-linked manual savings account	$20M	Thrive Capital, Collab Fund & 16 others	39/100
5th	Envie 2021, Arkadelphia (United States), Unfunded	Provider of a game-based saving app	-	-	33/100
6th	Flux 2020, Balaclava (Australia), Seed	App-based platform for credit score check	$875K	Startmate, Skalata & 3 others	32/100
7th	Nova 2018, London (United Kingdom), Seed	App-based financial management and savings platform	$586K	Crowdcube, Rockstart & 1 others	29/100
8th	Payprev 2017, Rio de Janeiro (Brazil), Deadpooled	App and game-based platform for money management and savings	-	-	29/100
9th	Prize Rush 2021, New York City (United States), Deadpooled	Provider of an application for gamers to earn rewards	-	-	28/100
10th	EverUp 2020, London (United Kingdom), Seed	Game-based savings platform for individuals	-	Aevus Venture Partners	27/100

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Founders own 0.10%, Funds own 1.96% and Parent Entities (largest shareholder) own 97.94%. The net worth of Fello's founders is INR 4.25L as of Dec 26, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	0.10%	4.25L	0	0	0	0
Shourya Lala	0	0	0	0	0	0
Fund	1.96%	85L	4	4	3	8
Parent Entity	97.94%	42.5Cr	4810482	3154188	3489008	1881068
Total	100.00%	43.4Cr	5800639	2157025	1384582	3074664