FamPay 38M Series Elevation Capital Sequoia

Company NameFund RaisedLed ByCEO/Co-FounderValuation
FamPay$38M Elevation Capital, Sequoia CapitalSambhav Jain$300M+

Bangalorebased FamPay 38M Series Elevation Capital

Bengaluru-based Teenage focused platform, FamPay raised $38 million led by Elevation Capital, and Sequoia Capital in a series A round. The round was co-led by Venture Highway, Global Founders Capital, Y Combinator, and more.

CEO Sambhav Jain confirmed TheCasinoAdvice that we invest these funds for making a leadership team that helps accelerate growth. 

Also, read Bengalurubased JIFFY.AI B2B 53M Series Eight

Moreover, FamPay helps teenagers to hold an add-on account to make online and offline payments. The company also provides FamCard with cashback and offers.

Co-founder FamPay, Kush Taneja said that we crossed 2 million downloads in 8 months after launching the app.

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