Partnership · Financial Services
FamApp partners with Adobe Express for Insider program
By Startup Enthusiast ·
- Date
- Company
- FamApp
- What it does
- UPI app for Gen Z
- Kind
- Partnership
- Founded
- 2019
- Sector
- Financial Services
What they do
FamApp is a UPI payments app for students and young professionals
What happened
It launched the Fam Insider program with Adobe Express as first partner, offering a free premium plan worth ₹4,000 to eligible users aged 13 and above
Why it matters
FamApp processes over 300 million monthly transactions and is the 7th largest UPI app in India
The details
- FamApp launched a new program called Fam Insider that offers curated offers, experiences, and benefits to its users.
- Adobe Express became the first brand partner on the Fam Insider program.
- Eligible users aged 13 and above can get a free Adobe Express Premium plan for one year.
- The Adobe Express Premium plan is worth approximately ₹4,000 and includes premium templates, advanced editing, and AI-powered tools.
- These tools help users create presentations, resumes, portfolios, social posts, and Reels.
- FamApp plans to add more Fam Insider partnerships across technology, entertainment, lifestyle, and other youth-relevant categories.
The bigger picture
- FamApp describes its young users as 'CTOs of the household', meaning they influence family purchases and tech choices.
- This partnership gives Gen Z users access to professional creative tools for free, aligning with their content creation habits.
- It helps Adobe Express reach a large, engaged young audience through a popular UPI app.
About the business
- FamApp is a UPI app designed for students, Gen Z, and young professionals.
- It was originally launched to give minors a way to pay online or offline without needing a bank account.
- FamApp has 20 million+ Gen Z users and processes over 300 million transactions every month.
- It is present across 18,000+ pincodes in India.
- FamApp is the 7th largest UPI app in India by transaction volume.
- The company has raised $43 million across two rounds from investors including Y Combinator, Sequoia India, and Elevation Capital.
What happens next
- FamApp plans to add more Fam Insider partnerships across technology, entertainment, lifestyle, and other youth-relevant categories.
The deal
- Type
- partnership
Investors
- Y Combinator (participated) — Startup accelerator that invested in FamApp's seed round.
- Venture Highway (participated) — Venture capital firm that invested in FamApp's seed round.
- Sequoia India (participated) — Venture capital firm that invested in FamApp's seed round and Series A.
- Global Founders Capital (participated) — Venture capital firm that invested in FamApp's seed round.
- Elevation Capital (lead) — Venture capital firm that led FamApp's Series A round.
- Neeraj Arora (angel) — Former executive at WhatsApp.
- Kevin Lin (angel) — Co-founder of Twitch.
- Vladimir Tenev (angel) — Co-founder of Robinhood.
- Kunal Shah (angel) — Founder of CRED.
- Amrish Rau (angel) — CEO of Pine Labs.
Founders
- Sambhav Jain, Founder & CEO
- Kush Taneja, Co-founder
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