The current round is led by Titan Capital, Sunn91 Ventures, and other angel investors. The platform will utilize the funding for its initial team building, product refinement, and early product experimentation.
SayF, founded in 2021 by Aman Singh & Priyesh Gandhi, aims to help its users in saving, investing, and optimizing the spending of money.
In this era, with apps like google pay and phonepe where making a transaction hardly takes 3 seconds, savings has become a nightmare, especially for the upcoming GenZ generations moving towards a spending economy. Also, the retirement savings gap is increasing at 10% CAGR each year, thus pushing individuals to increase their personal savings to survive in the future. To withstand similar situations, SayF can be utilized to safeguard the finances.
Priyesh V Gandhi, Co-Founder at SayF, said, in a statement, “Indians’ love for gold, cashback and savings, has been just growing, and we at SayF club have put all this into a single product, where you spend, earn and invest all in a single transaction at our 300+ brands stores ranging from Swiggy, Uber to Reliance smart. We are very excited to get support from such marquee investors in our journey.”
Bipin Shah, Partner at Titan Capital, said, “Future is uncertain, and it has become imperative to build up the finance to survive in the unprecedented time and to meet various other objectives of day-to-day life. SayF is one platform that is paving the way for Indians to make smart decisions when it comes to saving money. We are happy to be associated with SayF and its talented team. We see a huge potential in their venture. With SayF, users can manage their personal finances, save money, and invest.”
