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Walrus - About the company

Walrus is a seed company based in Oakland (United States), founded in 2019 by Bhagaban Behera, Sriharsha Setty and Nakul Kelkar. It operates as a Banking platform, UPI payments, and debit card for teenagers. Walrus has raised $395K in funding from investors like Y Combinator, Wellfound and Better Capital, 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 Junio.

Company Details

Banking platform, UPI payments, and debit card for teenagers. It provides a mobile and debit card-based solution that features pocket money management, quick UPI payments, debit cards for online purchases, transaction & spend analysis, offers & discounts, money transfer, and more. Teens can use their Walrus Card to spend, track expenses, and earn rewards. Its app is available for Android devices.
Social
X
Email ID
*****@walrus.club
Registered Address
NO: 49, 12TH MAIN HSR SECTOR 6, Bangalore, BENGALURU, Karnataka, India, 560102
Key Metrics
Founded Year
2019
Location
Oakland, United States
Stage
Seed
Total Funding
$395K in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 02, 2021
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
10 as on Aug 31, 2026
Similar Companies
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Walrus's funding and investors

Walrus has raised a total funding of $395K over 3 rounds. Its first funding round was on Mar 07, 2020. Its latest funding round was a Seed round on Sep 02, 2021 for $*****. 1 investor participated in its latest round. Walrus has 12 institutional investors and 26 angel investors.

Here is the list of recent funding rounds of Walrus:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 02, 2021
7013741
Seed
4164235
2404902
3439295
9489177
Nov 02, 2020
2235060
Angel
9817490
1012130
5006998
7436757
Mar 07, 2020
6978021
Seed
5784426
5360454
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Walrus' founders and board of directors

Founder? Claim Profile
The founders of Walrus are Bhagaban Behera, Sriharsha Setty and Nakul Kelkar.
Here are the details of Walrus' key team members:

Walrus' Board of Directors

Walrus's board has 2 active members. Bhagaban Behera and Sriharsha Setty are part of team.
Here is the list of Walrus' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 3m
Team
-
Current
7y 3m

Walrus' employee count trend

Walrus has 10 employees as of Aug 26. Here is Walrus's employee count trend over the years:
Employee count trend for Walrus
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Walrus's Competitors and alternates

Top competitors of Walrus include FamApp, Greenlight and Junio. Here is the list of Top 10 competitors of Walrus, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for FamApp
FamApp
2019, Bengaluru (India), Series A
Provider of digital spending accounts with integrated payment card services
$43.7M
77/100
2nd
Logo for Greenlight
Greenlight
2014, Atlanta (United States), Series D
App-based investment platform for kids and teens
$556M
74/100
3rd
Logo for Junio
Junio
2020, Delhi (India), Seed
Provider of pocket money and payment application for students
$8.17M
57/100
4th
Logo for YPay Card
YPay Card
2017, Bareilly (India), Seed
Payment cards for teens
$768K
43/100
5th
Logo for Walrus
Walrus
2019, Oakland (United States), Seed
Banking platform, UPI payments, and debit card for teenagers
$395K
40/100
6th
Logo for Giverly
Giverly
2021, Gurugram (India), Seed
Charity cashback platform
$181K
39/100
7th
Logo for Slonkit
Slonkit
2015, Mumbai (India), Seed
Prepaid card and digital wallet for teenagers and students
$1.56M
34/100
8th
Logo for Pencilton
Pencilton
2017, Hyderabad (India), Deadpooled
App-based platform for prepaid cards
$330K
28/100
9th
Logo for Stoofers
Stoofers
2022, Delhi (India), Unfunded
Platform offering a multi-purpose student card
-
-
27/100
10th
Logo for Finteck
Finteck
2022, Bhubaneswar (India), Seed
Online money management platform for teens
-
20/100
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Walrus's Latest cap tables and shareholding

Founders (largest shareholder) own 85.42%, Funds own 7.97% and Angels own 6.62%. The net worth of Walrus's founders is INR 11.9Cr as of Nov 02, 2020.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
85.42%
11.9Cr
6056881
8477832
6530264
5673173
6107974
2939356
1900567
9170130
3556799
4012140
1466421
6571403
6095794
2343294
8288635
6625967
5680832
8334598
6761377
9322713
5766621
1399978
Fund
7.97%
1.11Cr
3900342
6801259
6740196
7565968
Angel
6.62%
92.3L
853592
479918
574446
466138
0
0
0
0
0
0
Total
100.00%
13.9Cr
5540421
6836858
3018513
2944523
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Walrus's Shareholding

Walrus's Investments and acquisitions

Walrus has made no investments or acquisitions yet.

Reports related to Walrus

Here is the latest report on Walrus's sector:

News related to Walrus

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FAQs about Walrus

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