Credit card and loyalty management platform SaveSage Club has raised Rs 2.5 crore in an angel financing circular co-led by iSEED, Alluvium Finance, and LetsVenture Finance, along with support from angel speculators counting Bhavesh Gupta, Shriram Nene, Ritesh Malik, Ramneek Sehgal, Mayank Gupta, Rahul Mathur, Piyush Nangru, Utkarsh Kumar, Amit Goel, and others.

The stores will be utilized to extend the platform’s AI-driven capabilities, refine client encounter, and drive fast development, SaveSage Club said in a press release.

Launched in April 2024 by Ashish Lath, SaveSage Club gives a consistent, centralized arrangement to track, oversee, and optimize over 500 credit cards and 74 loyalty programs, counting prevalent choices like Discuss India Maharaja, Singapore Carriers KrisFlyer, and Marriott Bonvoy. The stage points to reshape how clients oversee their credit cards and loyalty programs.

The Gurugram-based company points to gotten to be the go-to stage for clients looking for to make more brilliant monetary choices and maximize their rewards. The company addresses the exceptionally low awareness of remunerate optimization by serving as a bridge between clients and their monetary potential. Through its intuitive AI-powered stage, it rearranges the handle of reward optimization, engaging clients to easily track, oversee, and maximize benefits over a tremendous extend of credit cards and loyalty programs.

According to showcase investigate, India’s credit card ecosystem is balanced for exponential development, with over 107 million credit cards in circulation over more than 60 million clients. The presentation of credit cards on UPI is anticipated to double these figures inside three years.

Within weeks of its beta launch, SaveSageClub claims to have pulled in over 5,000 clients, extending from IT experts to Ultra High Net Worth Individuals (UHNIs), who esteem the platform’s ability to streamline and optimize their credit card and loyalty program compensate focuses and benefits.

source: entrackr.