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Funngro - About the company

Funngro is a seed company based in Mumbai (India), founded in 2021 by Payal 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 10 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Sidegig, Betterlance and Weavve.

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.
Social
XFacebook
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
Key Metrics
Founded Year
2021
Location
Mumbai, India
Stage
Seed
Total Funding
$195K in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Aug 17, 2023
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
173 as on Sep 30, 2026
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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
6767072
Seed
2897847
8935001
7681128
2931167
Mar 25, 2023
5470456
Angel
2243667
6206854
2219385
5494684
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Funngro's founders and board of directors

Founder? Claim Profile
The founders of Funngro is Payal Jain.
Here are the details of Funngro's key team members:

Funngro's employee count trend

Funngro has 173 employees as of Sep 26. Here is Funngro's employee count trend over the years:
Employee count trend for Funngro
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Funngro's Competitors and alternates

Top competitors of Funngro include Sidegig, Betterlance and Weavve. Here is the list of Top 10 competitors of Funngro, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Funngro
Funngro
2021, Mumbai (India), Seed
Provider of earning platform for youngsters
$195K
55/100
2nd
Logo for Sidegig
Sidegig
2019, Lagos (Nigeria), Unfunded
Online lead generation platform for freelancers
-
-
31/100
3rd
Logo for Betterlance
Betterlance
2019, Sacramento (United States), Acquired
Sales tool for freelancers
-
-
27/100
4th
Logo for Weavve
Weavve
2020, Belgium, Deadpooled
Online lead generation solution for freelancers
-
-
26/100
5th
Logo for Scopify
Scopify
2020, Toronto (Canada), Deadpooled
AI-based lead generation for freelancers
-
24/100
6th
Logo for Gigpalooza
Gigpalooza
2023, Yakima (United States), Unfunded
Application platform that offers services for freelancers and businesses
-
-
24/100
7th
Logo for Simple Lead Tracker
Simple Lead Tracker
2017, Wheaton (United States), Unfunded
Online lead generation and tracking platform for freelancers
-
-
24/100
8th
Logo for introu
introu
2020, London (United Kingdom), Deadpooled
Online provider of lead generation solutions for freelancers
$212K
23/100
9th
Logo for Loyo
Loyo
2020, Turkey, Deadpooled
Cloud-based CRM solution for freelancers
-
-
20/100
10th
Logo for IYouWork
IYouWork
2019, London (United Kingdom), Unfunded
Cloud-based platform for lead generation
-
-
18/100
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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. The cap table displayed below is for WISHBANC TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Funngro.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
81.22%
11Cr
6559712
7019309
4606105
9059932
Fund
6.75%
91.3L
773770
126243
124873
568247
977
668
196
187
138
760
Enterprise
1.85%
25L
2
1
7
8
Angel
5.20%
70.1L
34991
99501
51113
28090
0
0
0
0
0
0
Other Investors
4.99%
67.4L
6053
3210
4500
1209
Total
100.00%
13.5Cr
2093577
5064616
1617767
1050622
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Funngro's Investments and acquisitions

Funngro has made no investments or acquisitions yet.

Reports related to Funngro

Here is the latest report on Funngro's sector:

News related to Funngro

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