Predict your next investment

Angel Investor (Individual)

See what CB Insights has to offer

Investments

2

About Kunal Sinha

Kunal Sinha Headquarter Location

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Kunal Sinha News

Teen Fintech Pencilton raises $330K pre-seed from Neobank Jupiter and others|

Aug 6, 2021

Pencilton, a teen-focused fintech startup, has raised $330K in a pre-seed round led by neobank Jupiter, or Amica Financial Technologies Pvt. Ltd. Several successful founders such as Nilesh Patel, Prashant Singh (Founders of LeadSquared), Ashish Sharma (MD, Innoven Capital), Abhishek Goyal (Founder of Tracxn), Himanshu Sharma (Founder, Aspiring Minds), Kunal Sinha (Founder, GlowRoad), Vignesh Ramanujam (Partner at Spoonfeed) and angel investor Tirumalareddy Karri participated in the round. Pencilton offers a first-of-its-kind debit card, PencilCard, to teenagers and students to help them manage their expenses while teaching them the basics of money management. Founded by Vishwajit Pureti, Ashish Singh, Pallavi Tipparaju, and Viraj Gadde in 2020 enable financial inclusion and digital financial literacy. With the new funding, Pencilton aims at product enhancement by building industry-leading backend systems for card issuance, management, and further launching of upgraded products. VishwajitPureti, Co-founder and CEO, Pencilton, said, ” This sound is predominantly of great strategic importance as it serves as a vehicle for us to have some of the best minds from the fintech, as well as the startup ecosystem, join us on our mission. It gives us access to stellar expertise across fintech, fundraising, GTM, user acquisition, and more to help navigate the next steps as we scale.” Pencilton has recently introduced the PencilCard, a RuPay debit card for teens across India that can be activated and managed via the Pencilton app. Teens can use the debit card to manage, receive and spend their pocket money through the help of the Pencilton app. In addition, parents can also use the app to give pocket money, setting parental controls such as the spend limits, approval of money requests, etc. Talking about their investment, Rahool Gadkari, Director of Product, Jupiter said, “Jupiter is very excited to invest in Pencilton. The teen/pre-teen banking segment is nascent and multiplying. We believe that the Pencilton team understands the space well and is solving the needs of both kids and parents. At Jupiter, we will continue to invest or partner with teams that are solving problems adjacent to our own and help make our ecosystem stronger.” Sponsored Links by DQ Promote

Kunal Sinha Investments

2 Investments

Kunal Sinha has made 2 investments. Their latest investment was in Pencilton as part of their Pre-Seed on July 7, 2021.

CBI Logo

Kunal Sinha Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/27/2021

Pre-Seed

Pencilton

$0.33M

Yes

Abhishek Goyal, Ashish Sharma, Himanshu Sharma, Jupiter, and Undisclosed Angel Investors

3

4/12/2017

Angel

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/27/2021

4/12/2017

Round

Pre-Seed

Angel

Company

Pencilton

Subscribe to see more

Amount

$0.33M

$99M

New?

Yes

Subscribe to see more

Co-Investors

Abhishek Goyal, Ashish Sharma, Himanshu Sharma, Jupiter, and Undisclosed Angel Investors

Sources

3

10

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.