Fintech Junio Raises Additional Rs 5 Crore From HNI, VC, etc

▤ Summary

Pocket-money and kids-focused start-up Junio has raised an additional Rs 5 crore in funding from Family Offices, Venture Catalysts, and HNI investors. This round of additional funding was led by the Rajiv Dadlani Group. Junio will utilize this funding to strengthen its team, develop its products, and venture into customer acquisition.Founded by former Paytm employees, Junio crossed 50,000 users within a month of its launch in September 2020. They have some interesting product features lined up in the upcoming months and a full-fledged marketing launch. It also provides the feature of letting the guardians create application-based, incentivized tasks for their kids.

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