Junio - About the company
Junio is a seed company based in Delhi (India), founded in 2020 by Shankar Nath and Ankit Gera. It operates as a Provider of pocket money and payment application for students. Junio has raised $8.82M in funding from investors like Angel List, Venture Catalysts and Z Nation Lab, with a current valuation of ₹*****. The company has 10 active competitors, including 8 that are funded. Its top competitors include companies like FamApp, Greenlight and YPay Card.
Company Details
Provider of pocket money and payment application for students. The application facilitates financial transactions and management for student users. It offers features related to payments and pocket money handling.
- Website
- junio.in
- Email ID
- *****@junio.in
- Phone Number
- +91 **********
- Registered Address
- 5D, 5th Floor, Atma Ram House, 1 Tolstoy Marg, Barakhamba Road, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001
Key Metrics
Founded Year
2020
Location
Delhi, India
Stage
Seed
Total Funding
$8.82M in 5 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Aug 22, 2022
Investors
Ranked
3rd among 10 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
22 as on Sep 30, 2026
Legal entities associated with Junio
Junio is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
JUNIO PAYMENTS PRIVATE LIMITED CIN: U66190DL2024PTC435383 , India, Active | Aug 12, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
FIRSTPAY TECHNOLOGIES PRIVATE LIMITED CIN: U72900DL2020PTC369181 , India, Active | Sep 03, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
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Junio's funding and investors
Junio has raised a total funding of $8.82M over 5 rounds. Its first funding round was on Jan 25, 2021. Its latest funding round was a Seed round on Mar 04, 2022 for $*****. 38 investors participated in its latest round. Junio has 29 institutional investors and 60 angel investors.
Here is the list of recent funding rounds of Junio:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2022 | 9305000 | Seed | 2910181 | 4006565 | 2851518 | 5881005 |
Jul 07, 2021 | 2961209 | Angel | 9633949 | 4918425 | 8853420 | 9660260 |
2021 | 4221 | Seed | 6769 | 8599 | 9501 |
View details of Junio's funding rounds and investors
Junio's founders and board of directors
Founder? Claim ProfileThe founders of Junio are Shankar Nath and Ankit Gera.
Here are the details of Junio's key team members:
- Shankar Nath: Co-Founder of Junio. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Ankit Gera: Co-Founder of Junio. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Junio's Board of Directors
Junio's board has 2 active members. Shankar Nath and Ankit Gera are part of team.Here is the list of Junio's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 1m | |
Team | - | Current | 6y 1m |
View details of Junio's Founder profiles and Board Members
Junio's employee count trend
Junio has 22 employees as of Sep 26. Here is Junio's employee count trend over the years:
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Junio's Competitors and alternates
Top competitors of Junio include FamApp, Greenlight and YPay Card. Here is the list of Top 10 competitors of Junio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital spending accounts with integrated payment card services | $43.7M | 78/100 | ||
2nd | Greenlight 2014, Atlanta (United States), Series D | App-based investment platform for kids and teens | $556M | 74/100 | |
3rd | Provider of pocket money and payment application for students | $8.82M | 55/100 | ||
4th | Payment cards for teens | $796K | 45/100 | ||
5th | Walrus 2019, Oakland (United States), Seed | Banking platform, UPI payments, and debit card for teenagers | $395K | 39/100 | |
6th | Charity cashback platform | $197K | 35/100 | ||
7th | Prepaid card and digital wallet for teenagers and students | $1.56M | 34/100 | ||
8th | App-based platform for prepaid cards | $330K | 27/100 | ||
9th | Platform offering a multi-purpose student card | - | - | 27/100 | |
10th | Online money management platform for teens | - | 20/100 |
Looking for more details on Junio's competitors? Click here to see the top ones
Junio's Investments and acquisitions
Junio has made no investments or acquisitions yet.
Reports related to Junio
Here is the latest report on Junio's sector:
News related to Junio
Media has covered Junio for a total of 2 events in the last 1 year.
•
RBI approves UPI wallet for kids by Junio Payments, enabling payments without bank accountsMoneycontrol•Nov 10, 2025•Junio
•
Junio Payments Gains RBI Approval to Issue Prepaid Payment Instruments in IndiaElectronic Payments International•Nov 07, 2025•Junio
•
Junio raises $6 mn in pre-series A funding round led by NB VenturesBusiness Standard•Mar 04, 2022•Junio, Nava, Nbventures, NB Ventures
•
Fintech startup Junio aims to help children establish good saving habitsKrASIA•Jul 19, 2021•Junio, Sequoia Capital, Y Combinator, Better Capital
•
Junio raises additional ₹5 cr in seed fundingMint•Jun 15, 2021•Junio, Venture Catalysts, HNI Corporation
•
•
Former Paytm executives roll out Junio, pocket money app for childrenBusiness Standard•Mar 24, 2021•Junio
•
Ex-Paytm execs' digital payments startup Junio aims to make kids financially smartYourStory•Jan 27, 2021•Junio
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India’s digital pocket money app for kids Junio raises $3m seed fundingDeal Street Asia•Dec 03, 2020•Junio
•
Junio To Raise $3 Mn Seed Round To Build ‘Pocket Money’ Cards For Indian KidsInc42•Dec 03, 2020•Junio
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