When was Pencilton founded?

Pencilton was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Where is Pencilton located?

Pencilton is headquartered in Hyderabad, India. It is registered at Sy.No.145/2, P.No 3 & 4 Siddartha Nagar, Hyderabad, Hyderabad, Telangana, India, 500038.

Which legal entities is Pencilton associated with?

Pencilton is associated with ONARU VENTURES PRIVATE LIMITED.

How many employees does Pencilton have?

As of Apr 30, 2026, the latest employee count at Pencilton is 2.

Is Pencilton a funded company?

Pencilton is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 25, 2021.

How much is Pencilton worth?

The last known valuation of Pencilton was ₹***** as of Apr 09, 2021.

When was the latest funding round of Pencilton?

Pencilton's latest funding was a $***** Seed round on Feb 25, 2021, with participation from 11 investors. Its primary sector is K-12 EdTech. In India, the K-12 EdTech sector has seen $10.5M in funding in 2026 to date.

What is the annual revenue of Pencilton?

Annual revenue of Pencilton is less than ₹10 Cr as on Mar 31, 2025

Where does Pencilton rank among its competitors?

Pencilton ranks 8th amongst 18 active competitors, of which 8 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Giverly, which secured $50.5K in Apr, 2024.

Who are the top competitors of Pencilton?

Pencilton's top competitors include Greenlight, Junio and YPay Card. Among them, Giverly secured the most recent funding round in April, 2024.

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

Pencilton is a deadpooled company based in Hyderabad (India), founded in 2017 by Pallavi Tipparaju, Venkata Anupama Pureti, Vishwajit Pureti and Ashish Singh. It operates as an App-based platform for prepaid cards. Pencilton has raised $330K in funding from Jupiter, with last known valuation of ₹*****. The company has 18 active competitors, including 8 that are funded. Its top competitors include companies like Greenlight, Junio and YPay Card.

Company Details

App-based platform for prepaid cards. It offers prepaid cards for kids and teens. It features parental and expenditure controls, expenditure alerts, savings-based targets, and more. It can be used for services such as online and offline purchases, bill payments, and more. It offers an app-based platform that is available on iOS and android platforms.

Website: pencilton.com
Registered Address: Sy.No.145/2, P.No 3 & 4 Siddartha Nagar, Hyderabad, Hyderabad, Telangana, India, 500038

Key Metrics

Founded Year

2017

Location

Hyderabad, India

Stage

Deadpooled

Total Funding

$330K in 1 round

Latest Funding Round

Seed, Feb 25, 2021, $*****

Last Known Valuation

₹***** as on Apr 09, 2021

Investors

Jupiter & 12 more

Ranked

8^th among 18 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

2 as on Apr 30, 2026

Similar Companies

Greenlight & 112 more

View Pencilton's full profile

Pencilton is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ONARU VENTURES PRIVATE LIMITED CIN: U80102TG2017PTC119629 , India, Active	Sep 19, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	-

Pencilton has raised a total funding of $330K over 1 round. Its latest funding round was a Seed round on Feb 25, 2021 for $*****. 11 investors participated in its latest round. Pencilton has 4 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Pencilton:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 25, 2021	5633912	Seed	6337327	4354083	6012926	6640830

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View details of Pencilton's funding rounds and investors

The founders of Pencilton are Pallavi Tipparaju, Venkata Anupama Pureti, Vishwajit Pureti and Ashish Singh.

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

Pallavi Tipparaju: Former Co-Founder of Pencilton. They serve on the board of 1 company.
Contact Info: 1 email address
Venkata Anupama Pureti: Co-Founder of Pencilton. They serve on the board of 1 company.
Vishwajit Pureti: Former Co-Founder of Pencilton. They serve on the board of 1 company.
Contact Info: 1 email address
Ashish Singh: Co-Founder of Pencilton.

Pencilton's Board of Directors

Pencilton's board has 4 active members. Pallavi Tipparaju, Venkata Anupama Pureti and Vishwajit Pureti are part of team and Ashish Singh is independent board member.

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

Name	Type	Representing	Status	Duration
Venkata Anupama Pureti	Team	-	Current	8y 10m
Vishwajit Pureti	Team	-	Current	8y 10m
nocixbs	Team	-	Past	1y 2m
bkvdsvm	Independent board member	-	Past	1y 2m

View details of Pencilton's Founder profiles and Board Members

Pencilton's employee count trend

Pencilton has 2 employees as of Apr 26. Here is Pencilton's employee count trend over the years:

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Top competitors of Pencilton include Greenlight, Junio and YPay Card. Here is the list of Top 10 competitors of Pencilton, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Greenlight 2014, Atlanta (United States), Series D	App-based investment platform for kids and teens	$556M	TTV Capital, Canapi Ventures & 36 others	74/100
2nd	Junio 2020, Delhi (India), Seed	Provider of pocket money and payment application for students	$8.17M	Venture Catalysts, Z Nation Lab & 86 others	57/100
3rd	YPay Card 2017, Bareilly (India), Seed	Payment cards for teens	$768K	Venture Catalysts, We Founder Circle & 9 others	43/100
4th	Walrus 2019, Oakland (United States), Seed	Banking platform, UPI payments, and debit card for teenagers	$395K	Wellfound, Y Combinator & 36 others	40/100
5th	Giverly 2021, Gurugram (India), Seed	Charity cashback platform	$181K	Indian Angel Network, Axle Ventures & 32 others	39/100
6th	Good Good Piggy 2021, Delhi (India), Seed	App-based saving and investment platform for children	$138K	Favcy, Favcy Portfolio & 4 others	37/100
7th	Slonkit 2015, Mumbai (India), Seed	Prepaid card and digital wallet for teenagers and students	$1.56M	IDFC First Bank, Capital First & 3 others	34/100
8th	Pencilton 2017, Hyderabad (India), Deadpooled	App-based platform for prepaid cards	$330K	IIT Mandi Catalyst, Imediablitz Solutions ... & 11 others	28/100
9th	Stoofers 2022, Delhi (India), Unfunded	Platform offering a multi-purpose student card	-	-	27/100
10th	Pickney Bank 2022, Delhi (India), Unfunded	Provider of behavioral fintech platform that shapes financial acumen before adulthood	-	-	24/100

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Founders (largest shareholder) own 82.98%, Enterprises own 8.05% and Angels own 8.97%. The net worth of Pencilton's founders is INR 11.3Cr as of Apr 09, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	82.98%	11.3Cr	4212342	5369264	3158517	6755788
Vishwajit Pureti	8448979	7584332	1059515	1817766	1661027	3763054
Pallavi Tipparaju	8286598	1564063	4892158	5263858	3703010	5346406
Enterprise	8.05%	1.1Cr	6260802	8313790	8205667	5488621
Angel	8.97%	1.23Cr	7305896	5396153	9663577	7465125
Nilesh Patel	74	24	66	41	11	91
Total	100.00%	13.7Cr	6149002	1735187	9310479	7812929