Kids-focused fintech startup Junio has raised additional Rs 5 crore in its seed funding round led by Venture Catalysts, HNI Investors, and Rajiv Dadlani Group. The funds will be utilized to develop its product and to launch acquisition initiatives. The startup has raised a total of Rs 15 crore in the seed round.
Founded by Ankit Gera and Shankar Nath, the startup provides a digital pocket money-smart card that lets children make digital and physical purchases. It claims to have a user base of over 50K within one month.
