Fundz

Teen Freelancing Startup Funngro Raises Funding From Shark Tank Judges Amit Jain, Namita Thapar

PRIVATEMar 03, 2023

Round Type

Funding Round

MumbaiEducationE CommerceMarketplace

Description

Funngro has raised an undisclosed amount in funding from Shark Tank judges, Amit Jain, CarDekho’s founder and Emcure Pharmaceutical’s Namita Thapar. Early-stage investment firm SucSeed Indovation Fund also participated in the round.Funngro, which offers teenagers an opportunity to earn money through real-life freelancing projects, was first incubated at India’s first fintech incubator Afthonia Lab in 2021 and has a network of four lakh teenlancers (teenagers who are freelancers) and over 1,000 companies.“Funngro's vision is to ensure that each teenager identifies their passion and makes it their profession. Funngro and Shark Tank have a common mission of introducing teenagers to new employment choices, encouraging them to pursue entrepreneurial objectives, teaching business skills, enhancing their financial literacy, and inculcating critical thinking," said Funngro’s founder Payal Jain.Yes!It's all happening.We finally got funding from top sharks in Sharktank season 2.It was an awesome journey wh... https://t.co/v1whBYWYR4— Funngro - Teenlancers (@funngro) 1677761839000Founded by Payal and Anik Jain, Funngro provides teenagers with paid freelancing opportunities to teach economic empowerment

Who else raised in Education and E Commerce around the same time

Companies in the same sectors as Funngro that raised within 45 days of this round, from Fundz verified event records.

  • Equipme raised $3.8M (Seed) on April 17, 2023.
  • Drink Monday, Inc raised $3M (Seed) on April 13, 2023.
  • HUG raised $5M (Seed) on April 12, 2023.
  • Nsure.com raised an undisclosed amount (Corporate Round) on April 11, 2023.
  • Pharmacy Marketplace raised an undisclosed amount (Seed) on March 7, 2023.
  • Agua Blanca raised $3.2M (Seed) on February 13, 2023.

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Company Information

Company

Funngro

Location

Mumbai, Maharashtra, India

About

Mission - Enable Teens and companies realise their full potential 20 Cr Teens want to work with companies and get experience 4 Cr plus companies need smart talent Funngro solves the challenge of both by making a connection between Smart companies and Smart Teenagers. Teens get experiential learning by working on projects with companies. With Funngro Teens experience independence before 18!! Funngro is created by Educators,Tech enthusiasts, Engineers, Finance experts….. Most importantly, Loving Parents.

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Funngro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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