About Saathi

Saathi is a fintech platform that offers high-interest digital savings accounts with a zero balance requirement, enabling users to earn up to 7.50% annually while saving for personal goals. The platform enhances the saving experience by providing rewards from partnered brands, allowing users to save collaboratively and benefit from discounts on various purchases.

```xml <problem> Many individuals, particularly in emerging markets, lack access to high-yield savings accounts and are unable to effectively save for personal goals due to low interest rates and minimum balance requirements. Traditional savings options often fail to incentivize consistent saving behavior or provide additional benefits beyond basic interest accrual. </problem> <solution> Saathi provides a digital savings platform that offers users high-interest savings accounts without requiring a minimum balance, enabling them to earn up to 7.50% annually. The platform enhances the savings experience by integrating rewards from partnered brands, allowing users to earn discounts and cashback on various purchases. Saathi also facilitates collaborative saving, enabling users to invite friends and family to save together for shared goals. </solution> <features> - High-interest digital savings accounts with up to 7.50% annual yield - Zero minimum balance requirement - Rewards program offering discounts and cashback from partnered brands - Collaborative saving feature allowing users to save with friends and family - Virtual card for spending with no fees - Savings Club community for sharing saving tips and experiences - Integration with Suryoday Bank for secure and trusted banking services - Bank-grade security with ISO and PCI compliance - Deposit insurance up to ₹5,00,000 </features> <target_audience> Saathi targets individuals, particularly in emerging markets, who are looking for high-yield, accessible savings options and are interested in earning rewards and saving collaboratively. </target_audience> ```

What does Saathi do?

When was Saathi founded?

Saathi was founded in 2022.

Who founded Saathi?

Saathi was founded by Eklavya Chandra.

Eklavya Chandra - Founder and CEO

Founded

2022

Employees

127 employees

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Saathi

Score: 100/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

saathi.money 7K+

Founded 2022

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (100+)

Siddharth Dutta

Eklavya Chandra

Founder and CEO

Company Description

Problem

Many individuals, particularly in emerging markets, lack access to high-yield savings accounts and are unable to effectively save for personal goals due to low interest rates and minimum balance requirements. Traditional savings options often fail to incentivize consistent saving behavior or provide additional benefits beyond basic interest accrual.

Solution

Saathi provides a digital savings platform that offers users high-interest savings accounts without requiring a minimum balance, enabling them to earn up to 7.50% annually. The platform enhances the savings experience by integrating rewards from partnered brands, allowing users to earn discounts and cashback on various purchases. Saathi also facilitates collaborative saving, enabling users to invite friends and family to save together for shared goals.

Features

High-interest digital savings accounts with up to 7.50% annual yield

Zero minimum balance requirement

Rewards program offering discounts and cashback from partnered brands

Collaborative saving feature allowing users to save with friends and family

Virtual card for spending with no fees

Savings Club community for sharing saving tips and experiences

Integration with Suryoday Bank for secure and trusted banking services

Bank-grade security with ISO and PCI compliance

Deposit insurance up to ₹5,00,000

Target Audience

Saathi targets individuals, particularly in emerging markets, who are looking for high-yield, accessible savings options and are interested in earning rewards and saving collaboratively.