Credit card and loyalty management platform SaveSage Club has secured ₹2.5 crore in an angel funding round.
The round was co-led by iSEED, Alluvium Fund, and LetsVenture Fund, with participation from notable angel investors such as Bhavesh Gupta, Shriram Nene, Ritesh Malik, Ramneek Sehgal, Mayank Gupta, Rahul Mathur, Piyush Nangru, Utkarsh Kumar, and Amit Goel.
According to a press release from SaveSage Club, the funds will be utilized to enhance the platform’s AI-driven capabilities, improve user experience, and support its rapid growth initiatives.
About SaveSage Club:
Launched in April 2024 by Ashish Lath, the Gurugram-based SaveSage Club offers a centralized solution for tracking, managing, and optimizing over 500 credit cards and 74 loyalty programs.
The platform integrates popular programs like Air India Maharaja, Singapore Airlines KrisFlyer, and Marriott Bonvoy, aiming to simplify reward optimization for users.
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The company highlights that its AI-powered system empowers users to maximize benefits and rewards, addressing the low awareness around reward optimization in India.
With over 107 million credit cards in circulation across more than 60 million users, the credit card ecosystem in India is set for exponential growth, particularly with the integration of credit cards into UPI platforms.
Since its beta launch, SaveSage Club has garnered over 5,000 users, including IT professionals and Ultra High Net Worth Individuals (UHNIs).
The platform has been praised for its ability to streamline credit card and loyalty program management, helping users maximize their rewards effortlessly.
