Bengaluru-based neobank Walrus announced it has raised an undisclosed amount of funding for its platform, which is focussed on providing banking solutions for teens and young adults. The pre-seed funding round was led by Better Capital, an early backer of neobanks in India, which has invested in Open, Khatabook, Jupiter, Yelo, and Slice. The startup said it plans to utilise the funding to expand its team and enhance product features.