City
Epaper

Savingz: Empowering India Through AI First Wealth-Tech to save taxes and earn more than 30 per cent returns

By ANI | Updated: April 4, 2024 17:10 IST

PNNNew Delhi [India], April 4: Three young entrepreneurs from IIT Guwahati - Rounak Baral, Hardik Lodha, and Shubham ...

Open in App

PNN

New Delhi [India], April 4: Three young entrepreneurs from IIT Guwahati - Rounak Baral, Hardik Lodha, and Shubham Jain - have announced the launch of Savingz, India's first AI-powered wealth-tech app.

Savingz: AI-Powered Wealth Management for All

Established in July 2023, Savingz empowers users to navigate the complexities of finance with a unique blend of AI technology and human expertise. The app offers various new features, including:

* India's First AI Tax App: Savingz leverages AI to optimise tax filing and minimise liabilities. On average, they save upto 40% extra than conventional CAs and financial firms. Users get the extra money back if they can show otherwise.

* End-to-End Wealth Management: The platform offers personalised advice on investments, taxes, and alternative investment opportunities.

* Data-Driven Insights: Savingz utilises advanced data systems to provide users with actionable financial information.

* Top-Notch Privacy and Compliance: Savingz prioritises user privacy and follows all regulatory guidelines.

Savingz boasts a loyal user base exceeding 1,000, with many achieving impressive returns exceeding 30% IRR post-tax. The company has gained a negative cost of acquisition, attracting a growing customer base through organic referrals and satisfied users who have even invested in the business.

Passionate About Finance From a Young Age

The founders' journey began with a shared interest in startups and digital marketing. Rounak, fascinated by the field, started his first tech blog and internet marketing venture in eighth grade.

Coming from a business background, Hardik honed his leadership skills by heading marketing for Alcheringa, IIT Guwahati's renowned college festival.

Whereas Shubham Jain, driven by a desire for experimentation, joined the founding team of Newton School.

Their paths converged at IIT, where they fostered a shared dream of entrepreneurship.

Shaping the Future of Finance

Savingz represents a paradigm shift in wealth management, making sophisticated financial tools accessible to all. With its user-centric approach, AI-powered solutions, and commitment to data security, Savingz is poised to empower a new generation of financially savvy Indians.

Contact Details:-

Email - hello@savingz.in

Website: - www.savingz.in

Phone Number - +918608600419

About Savingz

Savingz is India's first AI wealth-tech app, offering a comprehensive platform for tax optimisation, wealth management, and investment guidance. Founded by three IIT graduates with a passion for finance and technology in July 2023, Savingz is committed to democratising access to financial tools and fostering a culture of informed investment decisions.

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologyAll Indian seafarers safe in West Asia region, 2,373 Indians returned from Iran: Govt

BusinessAll Indian seafarers safe in West Asia region, 2,373 Indians returned from Iran: Govt

NationalAll Indian seafarers safe in West Asia region, 2,373 Indians returned from Iran: Govt

NationalMaharashtra braces for unseasonal rain, thunderstorms from April 20-22

Other SportsIPL 2026: Delhi Capitals keep Royal Challengers Bengaluru to 175/8 despite Salt’s explosive 63

Business Realted Stories

BusinessFrom uncertainty to discovery: Union Minister Hardeep Singh highlights India's 'data-first' strategy to unlock offshore energy wealth

BusinessGold may hit up to Rs 1.85 lakh on macro tailwinds this Akshaya Tritiya: Report

BusinessMaharashtra Flat Owners Welfare Association Emerges, Pushes Brokerage-Free Housing

BusinessOver 17.25 lakh 5-kg LPG cylinders sold since March 23: Govt

BusinessPakistan facing key economic challenge amid possible rift with UAE: Report