Savingz: Empowering India Through AI First Wealth-Tech to save taxes and earn more than 30 percent returns
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 [...]
PNN Verified Media or Organization • 25 Apr, 2026Agency
Apr 5, 2024 • 11:59 AM 0
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“Savingz: Empowering India Through AI First Wealth-Tech to save taxes and earn more than 30 percent returns”
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.
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– 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.
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.
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PNN Verified Media or Organization • 25 Apr, 2026Agency
(This is an unedited and auto-generated story from Syndicated News feed, TBS Staff may not have modified or edited the content body)