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Partnership · Financial Services

FamApp partners with Adobe Express for Insider program

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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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