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In 2017, Bengaluru entrepreneurs Paddy Raghavan and Jags Raghavan were working with Cisco for one year after their cloud cost optimisation project — Compute.io — was acquired by the multinational tech conglomerate.
Post-acquisition, they were making personal investments, researching various asset classes, reading about personal finance, and so on.
The entrepreneurs noticed many urban Indians were using credit to fund travel expenses, gadgets, and other big-ticket items, and in turn, paying high-interest rates.
In 2020, the entrepreneurs launched Multipl, a free fintech app to save, invest, and spend for big-ticket expenses and for long-term wealth creation.
Today, Multipl has signed up the likes of Yatra, Ather, Wakefit, Urban Ladder, Bounce, Vedantu, Tanishq, Croma, Kalyan Jewellers, and over 200 reward partners as part of its ‘Plan Now, Pay Smart’ thesis. Read more.
Editor’s Pick: Astro Architect Neeta Sinha
For two decades now, Astro Architect Neeta Sinha has been providing consultations to film director Sanjay Leela Bhansali to balance the energy pockets on his film sets for a smooth filmmaking process. Read on how Neeta became the most sought-after Astro consultant for Bollywood’s bigwigs.
Startup Spotlight
Ayurvedic food for pets
Coimbatore-based TABPS Pets uses Ayurveda to create pet food and other essentials, providing the required nutrition and care without any side effects.
The brand, for example, makes biscuits from calcium, chicken, and ayurvedic Brahmi powder (sourced locally), which improves canine neurological function and helps the owners to train them more easily. Read more.
Nutritional supplements for millennials
New Delhi-based D2C (direct-to-consumer) health and wellness startup Welly aims to target everyday lifestyle issues, including sleep, beauty, and immunity, with its 100 percent vegan vitamin gummies.
The startup says it offers three products — suitable for adults and backed by science — vitamin gummies for restful sleep, immunity boost, and healthy hair, skin, and nails. Read more.
Before you go, stay inspired with…
“Just start it and do it with 100 percent of your heart and you’ll succeed one day. Do not let the fear of failure stop you.”
– Akshata Jain, Founder, Knot Your Type
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