SaveSage Club, a Gurugram-based credit card and loyalty management platform, has successfully raised ₹2.5 crore in an angel funding round.
This round was co-led by prominent investors such as iSEED, Alluvium Fund, and LetsVenture Fund. Additionally, notable angel investors, including Bhavesh Gupta, Shriram Nene, Ritesh Malik, Ramneek Sehgal, Mayank Gupta, Rahul Mathur, Piyush Nangru, Utkarsh Kumar, and Amit Goel, participated in this milestone funding.
The freshly secured capital is earmarked for advancing the platform’s AI-driven technology, enhancing the user interface, and accelerating overall growth, the company revealed in a statement.
SaveSage Club, founded by Ashish Lath in April 2024, offers a streamlined solution for managing credit cards and loyalty programs. With support for over 500 credit cards and 74 loyalty programs—ranging from Air India Maharaja to Marriott Bonvoy—the platform empowers users to unlock the full potential of their rewards.
This innovative approach not only simplifies credit card and reward tracking but also aims to educate users on optimizing benefits. SaveSage Club’s AI-powered tools enable individuals to effortlessly organize and maximize rewards, addressing a widespread lack of awareness about reward optimization.
India’s credit card industry is witnessing rapid growth, with over 107 million cards in circulation. The sector is poised for even greater expansion with the introduction of credit cards on the UPI network, potentially doubling the current figures in the next three years.
SaveSage Club positions itself as a key player in this dynamic market, offering a centralized hub for users to make smarter financial decisions. Its mission is to help users—from IT professionals to Ultra High Net Worth Individuals (UHNIs)—unlock the full potential of their financial tools.
In just a few weeks since its beta launch, SaveSage Club has gained significant momentum, attracting over 5,000 users. This early adoption demonstrates the platform’s appeal to a wide audience eager to streamline and optimize their rewards.
With its innovative technology and growing user base, SaveSage Club is poised to transform the way individuals manage credit cards and loyalty programs in India. The company’s recent funding underscores its potential to become a leading platform in the space, enabling users to maximize rewards and make informed financial decisions.
SaveSage Club’s journey is a testament to how innovation, combined with user-centric design, can create impactful solutions in the ever-evolving fintech landscape.