Funngro, a platform that offers teenagers an opportunity to earn money through real-life freelancing projects, has raised 50 lahks (~$61,000) in a pre-seed round.
The startup raised funds from Shark Tank investors Amit Jain, CarDekho’sfounder, and Emcure Pharmaceutical’s Namita Thapar. Early-stage investment firm SucSeed Indovation Fund also participated in the round.
Co-founded by Payal Jain and Anik Jain, Funngro is India’s first "teen-lancer" program focused on empowering Indian teens to learn, earn and manage their financial welfare. It empowers Teenagers by providing real-life paid freelancing opportunities.
"Funngro aims to introduce teenagers to new employment choices, encourage them to pursue entrepreneurial objectives, teach business skills, enhance their financial literacy, and inculcate critical thinking," says Jain.
Based in Mumbai, Funngro was first incubated at Afthonia Lab and has grown leaps and bounds in the last year. It has a network of 400,000 "teen-lancers" and 1000-plus companies and aims to acquire 5.5 million users in the next three years.