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Home / Technology / Tech News / Former Paytm executives roll out Junio, pocket money app for children

Former Paytm executives roll out Junio, pocket money app for children

Startup raises Rs 10 cr from marquee angel investors, aims to have 5 million users in four years

In the first year, the startup targets to have a monthly active base of 200,000 Junio card users in India.
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In the first year, the startup targets to have a monthly active base of 200,000 Junio card users in India.

Samreen Ahmad Bengaluru
2 min read Last Updated : Mar 24 2021 | 4:38 PM IST
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
Topics : digital wallets Digital banking financial apps Paytm
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