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    Home»Business

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

    Jasmeen ChopraJasmeen ChopraUpdated:05/04/2024 Business 3 Mins Read
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    New Delhi (India), April 5:  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 – [email protected]

    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.

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    #AIWealthTechIndia #DataDrivenFinance #FinancialEmpowerment #FintechInnovation #IITGuwahatiEntrepreneurs #InvestmentAI #SavingzApp #StartupIndia #TaxOptimization #WealthManagement
    Jasmeen Chopra

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