Your dreams & ambitions can have a lot of obstacles. Money should not be one of them. :) Our vision is to make savings & investments easy, accessible and automatic for you - a lifelong journey that begins with the familiar concept of a Gullak (Piggy bank).
Because big dreams start with small steps.
By late 2019, Indians collectively had $450Bn in savings every single year! And yet, only 2.9% of the population invested their money. So where was the rest of the money? Real estate, FDs or worse - sitting idle in bank accounts. But why?!
We set out to answer this 'why' and 4 distinct factors emerged: Most people don't have enough time, enough knowledge or a lot of money to start investing with. Moreover, there are too many options in the market. How does one make the right investment decision?
A Princeton University research shows that a blindfolded monkey beats finance experts to stock picks! So we did many fun experiments to test this out - can investing be made mainstream if we make it fun & exciting? Investing so easy, monkeys can do better than you?
A series of experiments, MVPs & customer conversations later - we gave shape to Spenny - a spare change investment platform. The easiest & the fastest way to invest. Every time you spend, we round it up to the nearest Rs.10 and invest it for you, automatically.
Our founders pitched to the world famous startup accelerator-investor, Y Combinator, and we were fortunate enough to get selected! From then on, it's been a journey of product & team building. It's been a journey of helping India invest - one citizen at a time.
Our team culture reflects on our product culture.
We take pride in our 3 pillars:
Our team culture reflects on our product culture. We take pride in our 3 pillars: