The Money Club, India

📍 Noida, India🗓 Founded 2016👥 48 employees💰 Last funded Sep 2021
The most popular savings product in India for thousands of years is a chit fund where a group of friends save together. However, these lower-middle-class consumers using chit funds have a one 💯 billion dollar problem because people lose all their hard-earned savings when the group owner gets greedy and runs away with all their savings, leaving them back in a life of despair! We are Money Club and have built a deep tech group savings platform where users save money with other verified peers in government registered funds, allowing 400m lower middle-class Indians to save safely and securely. We have already enabled over 1/2 million consumers to save, and we are growing 300% year over year in this $100bn market. Founded by an experienced team of IIT , UCLA and INSEAD alums Find us on facebook here: https://www.facebook.com/themoneyclubs/
2
Total investors
0
Early stage
2
Mid stage
0
Late stage
2016
Founded
Investor geography1 country
India
2
Frequently asked questions
Who invested in The Money Club, India?
The Money Club, India has 2 investors on record on gritt.io, 2 mid-stage.
When did The Money Club, India last raise funding?
The most recent investment in The Money Club, India recorded on gritt.io was in September 2021.
When was The Money Club, India founded?
The Money Club, India was founded in 2016.
What industry is The Money Club, India in?
The Money Club, India operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is The Money Club, India based?
The Money Club, India is headquartered in Noida, India.