Fello

Closed

Grow money and win $1000 every week by saving and playing games

Bengaluru, India · Founded 2021 · $5.0M raised

Headquarters
Bengaluru
Employees
11–50
Founded
2021
Business Model
B2C
Website
fello.in
Total Funding
$5.0M
Last Round
$4.0M SeedJan 2023
Rounds
2

About

Fello is a game-based savings and investment application for the gen-z and young millennials of India to save play and earn returns more than a traditional savings bank account. We are merging the worlds of gaming and finance to make finance fun, easy and rewarding! Users can save and invest in financial assets and for every rupee they save they get one gaming token using which they can play daily and weekly games and if they win in these games they get to win Rs.1 lakh every week! Just within a short span of 12 weeks of launch, we onboarded 250,000 users with 92% of them being referred users, 88% of them being first-time investors who are spending over 12 minutes on an average per day on the app saving and playing games together!

Summary

Fello is a Fintech company based in Bengaluru, India, founded in 2021. It has raised $5.0M in total across 2 rounds, most recently a $4.0M Seed round in Jan 2023. Investors include Courtside Ventures, Y Combinator and Upsparks.

Tech & App Stack

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Funding History

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Investors

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