Junio, a digital pocket money app for children, has set shop in India after raising Rs 10 crore and aims to have 5 million users in at least four years.
The startup raised the money in an angel round that had Cred founder Kunal Shah, Bharat Pe CEO & cofounder Ashneer Grover, PolicyBazaar CEO Yashish Dahiya, InnoVen Capital MD & CEO Ashish Sharma, and Groww cofounder & CEO Lalit Keshre, among others.
Junio, which is founded by former Paytm executives Shankar Nath and Ankit Gera, is the first app that helps pre-teens and teens to take charge of their own