🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Satyam Anand

Stealth • 8m

🔥🔥🚀 FAMPAY IT IS !!! Meet Sambhav Jain and Kush Taneja , IIT Roorkee grads who co-founded FamPay, the neobank for teens. Dedicated to reshaping how teens engage with money , FamPay offers a secure and intuitive digital banking platform tailored for teenagers. With features designed for both independence and parental oversight. Founded Year-2019 Total Funding-$42.7M Latest Round-Series A, $38M FamPay reported a loss of INR 50 Cr in FY22, while operating revenue stood at just INR 3 Cr. Trouble seems to be brewing for FamPay as the teen-focused fintech platform has reportedly laid off employees and is also in talks for an acquisition. What are your views on letting your company be acquired after a certain stage?⚡

10 replies21 likes
3
Replies (10)

More like this

Recommendations from Medial

Image Description

Aakash kashyap

Stealth • 1m

Top ESOP Buybacks by Indian Startups in 2024,🔥 ▫️Employees Earned INR 1,750 Cr Through Buybacks

3 replies15 likes
1
Image Description

Akshat kumar Jain

Stealth • 7m

Wow Momo has doubled its revenue every year Founded in 2008, Wow! Momo has become a national phenomenon with over 500 outlets across 25 Indian cities. Let's dive deeper into their impressive FY23 financials Revenue Soars: Total revenue, including

See More
1 replies4 likes
Image Description
Image Description

Mahendra Lochhab

Stealth • 1m

Unicommerce acquired 42.7% stake in Shipway for INR 68.4 Cr and plans on acquiring the remaining stake in Shipway within a year via a merger or stock swap.

3 replies4 likes
Anonymous

Anonymous

Stealth • 7m

Upcoming Startup Applications for Funding: 1. Villgro | Cisco Program: TVARAN 2.0 - Digital Solutions by Women Founder or Impacting women - 7 startups supported - Funding upto INR 2 Cr 24 MAY https://villgro.org/programs/tvaran-2-0/ 2. AssisTech Fo

See More
0 replies15 likes
5
Image Description
Image Description

Havish Gupta

Stealth • 28d

These two guys made a $200 Million Startup in genre which everyone ignored! (But now it's failing) So it was 2019, online payments' usage was rising and had become a norm for many. All fintech companies were spending millions to onboard users but t

See More
7 replies16 likes
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 9m

Top News Of the Day: 1. Fintech lending startup, Aye Finance, has raised a debt funding of INR 137 crore (around $16.6 million) from Germany-based Invest in Visions 2. Elevate Foods, a startup focused on supporting Indian farm-gate processors in ac

See More
18 replies39 likes
Image Description

Vinayak Shivanagutti

Stealth • 8m

boAt: Riding the Audio Wave (with a Recent Setback) Company: boAt (founded 2016) Industry: Consumer Electronics (Audio) Challenge: Stand out in a crowded audio market. Solution: Stylish, budget-friendly audio for young consumers. Results: Growt

See More
2 replies10 likes

Mahendra Lochhab

Stealth • 6m

Ethnic Wear D2C Brand Libas Raises INR 150 Cr From ICICI Ventures for accelerate offline expansion across geographies, and ramp up its exclusive brand and retail outlets across key metros and Tier-1, 2, and 3 cities.

0 replies2 likes
Image Description

Harsh Dwivedi

 • 

Medial • 2m

Top News of Today (10th Oct 2024): 1) B2B robotics startup Haber raises Rs. 317.2 Cr ($38 Mn) in Series C. 2) Assistive technology startup Social Hardware raises Rs 3.2 Cr. 3) Equirus InnovateX Fund leads Rs. 8.3 Cr ($1 Mn) round in data engineering

See More
2 replies16 likes

Amit Kumar

Stealth • 4m

Zomato Block Deal: Antfin Singapore To Offload Shares Worth $408 Mn. Amid Zomato’s bull run on the bourses, Ant Group’s arm Antfin Singapore is reportedly looking to sell the foodtech giant’s shares worth $408 Mn (INR 3,422.84 Cr). As per a report

See More
0 replies4 likes

Download the medial app to read full posts, comements and news.