/Companies

FamPay

YC S19

Bengaluru, IN · Founded 2019 · Delaware corporation · 24 employees · Hiring · 14 known investors

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FamApp by Trio is a financial education platform for Indian users that covers saving, spending, investing, and earning. The app focuses on financial inclusion and building financial literacy among younger generations in India.

Founders & leadership· Y Combinator alumni (S19)

FamPay was founded in 2019 by Sambhav Jain and Kush Taneja.

SJSambhav Jain
Sambhav JainFounderSambhav Jain founded FamPay, a payments platform targeting teenagers in India.
KTKush Taneja
Kush TanejaFounderKush Taneja founded FamPay, a banking product for teenagers, at age 21. He stepped down from day-to-day operations after the company achieved profitability.
CM
Chirag MaheshwariEngineer
AS
Anchit ShuklaDesigner
HS
Harjot SinghEngineer
VK
Vardhan KoshalConsultantformer
AG
Aayush GuptaEngineerformer

Board

MAMridul Arora
Mridul AroraBoard directorPartner at Elevation Capital

Investors · 14

Elevation Capitallisted by Elevation CapitalGurugram

How we know: board seat on SEC Form D · funding news · press coverage · Y Combinator's founder network · Not right? Tell us

Rocket CapitalreportedAmsterdam

How we know: Y Combinator's founder network · Not right? Tell us

Sequoia CapitalreportedMenlo Park · $100K – $50M

How we know: funding news · Y Combinator's founder network · Not right? Tell us

Soma CapitalreportedSacramento · $100K – $300K

How we know: Y Combinator's founder network · Not right? Tell us

Z Nation Lab Growthreported

How we know: Y Combinator's founder network · Not right? Tell us

Also in the syndicate · 1

Sequoia Capital India

Reported raises · per SEC filings

Form D private placements

$43.1M disclosed across 1 round · 2021

▶$43.1MraisedJun 2021 · 36 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mridul AroraDirector
  • Sambhav JainExecutive Officer, Director
  • Kush TanejaExecutive Officer, Director
Offering amount
$47M
Amount sold
$43.1M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through FamPay went on to found or lead other companies.

Related companies · 5

Companies working in the same space as FamPay.

Legal entities · 1

corporate structure
FamPay, Inc.

In the news

Frequently asked questions

What does FamPay do?
FamApp by Trio is a financial education platform for Indian users that covers saving, spending, investing, and earning. The app focuses on financial inclusion and building financial literacy among younger generations in India.
Who founded FamPay?
FamPay was founded by Sambhav Jain, Kush Taneja in 2019.
Who are FamPay's investors?
FamPay's investors include Elevation Capital, Pioneer, Rocketship.vc, VentureSouq, Y Combinator, General Catalyst, Global Founders Capital, Greenoaks and 5 more.
How much funding has FamPay raised?
FamPay has disclosed $43.1M raised across 1 round.
Where is FamPay headquartered?
FamPay is headquartered in Bengaluru, IN.