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This Noida-based start-up is offering a centuries-old investment instrument in a digital avatar

Business Today

· 8m
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Noida-based start-up, The Money Club, is digitizing chit funds to bring transparency, efficiency, and access to the lower middle-class segment. The platform connects users to money clubs using AI-powered algorithms, allowing them to save, invest, and borrow funds. With over 2.8 million transactions and a user base of over seven lakh, the platform addresses the financial challenges faced by millions of Indians and aims to become one of the largest on-demand liquidity platforms globally. The start-up has raised funding from investors and plans to offer digital gold savings facilities in the future.

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