Funngro - About the company
Funngro is a seed company based in Mumbai (India), founded in 2021 by Payal Jain and Anik Jain. It operates as a Provider of earning platform for youngsters. Funngro has raised $195K in funding from SucSEED Indovation, with a current valuation of ₹*****. The company has 133 active competitors, including 20 funded and 1 that has exited. Its top competitors include companies like HoneyBook, Contra and Bonsai.
Company Details
Provider of earning platform for youngsters. It is a platform connecting teens with companies for paid project-based freelancing. It enables individuals to complete real-world assignments such as content creation, social media management, app development, surveys, testing, and data tasks and earn income while gaining experience and certificates. Companies access cost-effective, motivated young talent through a curated marketplace that matches project needs with teen freelancers. The platform includes digital task management, age-appropriate compliance measures, and optional learning programs, facilitating structured experiential learning and financial empowerment for youth.
- Website
- www.funngro.com/
- Social
- Email ID
- *****@funngro.com, *****@funngro.com
- Registered Address
- 2105 Wing F, Fantacy Land, CTS No 1, J V Link Road, Opp Majas Depot,Jogeshwari(E), Mumbai City, Mumbai, Maharashtra, India, 400060
Legal entities associated with Funngro
Funngro is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WISHBANC TECHNOLOGIES PRIVATE LIMITED CIN: U72900MH2021PTC361215 , India, Active | May 29, 2021 | $326K (As on Mar 31, 2025) | - |
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Funngro's funding and investors
Funngro has raised a total funding of $195K over 2 rounds. Its first funding round was on Mar 25, 2023. Its latest funding round was a Seed round on Jun 07, 2023 for $*****. 4 investors participated in its latest round. Funngro has 3 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Funngro:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 07, 2023 | 3264385 | Seed | 4792304 | 1035378 | 4257791 | 5666854 |
Mar 25, 2023 | 2693358 | Angel | 1236157 | 3674386 | 7667260 | 8494141 |
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Funngro's founders and board of directors
Founder? Claim ProfileThe founders of Funngro are Payal Jain and Anik Jain.
Here are the details of Funngro's key team members:
- Payal Jain: Founder of Funngro. Contact Info: 1 email address and 1 phone number
- Anik Jain: Co-Founder of Funngro and founder of 1 other company.
View details of Funngro's Founder profiles and Board Members
Funngro's employee count trend
Funngro has 2 employees as of Jul 24. Here is Funngro's employee count trend over the years:
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Funngro's Competitors and alternates
Top competitors of Funngro include HoneyBook, Contra and Bonsai. Here is the list of Top 10 competitors of Funngro, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  HoneyBook 2013, San Francisco (United States), Series E | Client workflow process automation software | $479M | 75/100 | |
2nd |  Contra 2019, San Francisco (United States), Series B | Online freelance professionals networking platform | $45M | 60/100 | |
3rd | Bonsai 2015, San Francisco (United States), Seed | Cloud-based platform for freelance business management | $120K | 54/100 | |
4th | Agenda Boa 2016, Rio de Janeiro (Brazil), Seed | Online platform for freelancers to manage their projects and business | $597K | 51/100 | |
5th |  Wethos 2016, New York City (United States), Series B | Provider of software for proposal creation, invoicing, payments, and team collaboration | $16.4M | 47/100 | |
6th |  Worksuite 2014, San Francisco (United States), Seed | Cloud-based platform for contingent workforce management | $1.5M | 47/100 | |
7th | AllWork 2016, New York City (United States), Series A | Online business management solutions for freelancers | $4.9M | 39/100 | |
8th |  Jackalope 2020, Seattle (United States), Unfunded | Mobile-based application for freelancers | - | - | 38/100 |
9th |  Feedcoyote 2021, United States, Seed | Cloud-based business management and collaboration software for freelancer | $20K | 38/100 | |
10th |  Protonn 2020, San Jose (United States), Deadpooled | Platform offering software to create interactive videos | $9M | 38/100 | |
19th | Provider of earning platform for youngsters | $195K | 33/100 |
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Funngro's Latest cap tables and shareholding
Founders (largest shareholder) own 81.22%, Funds own 6.75%, Enterprises own 1.85% and Angels own 5.20%. The net worth of Funngro's founders is INR 11Cr as of Aug 17, 2023.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 81.22% | 11Cr | 6252828 | 4482266 | 5120750 | 9026701 |
Fund | 6.75% | 91.3L | 372545 | 714972 | 832281 | 241289 |
568 | 578 | 226 | 189 | 700 | 327 | |
Enterprise | 1.85% | 25L | 6 | 4 | 2 | 6 |
Angel | 5.20% | 70.1L | 69918 | 29963 | 40684 | 88024 |
0 | 0 | 0 | 0 | 0 | 0 | |
Other Investors | 4.99% | 67.4L | 7636 | 6135 | 6664 | 5027 |
Total | 100.00% | 13.5Cr | 9962379 | 8186269 | 7708469 | 5018684 |
To unlock detailed Cap Table of Funngro Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Funngro's Shareholding
Funngro's Investments and acquisitions
Funngro has made no investments or acquisitions yet.
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