Spenny
YC W20Bengaluru, IN · Founded 2019 · 2 employees · 5 known investors
Find your way into Spenny
862 people in our graph share verified history with the Spenny team — schools, employers, funds. One of them is your warm intro.
Alex Tranunlockedknows Rathin Shah · together at CRED (overlapped)
×2knows the team · via Entrepreneur First
×9knows the team · via Y Combinator
Spenny is a spare change investment platform that automatically rounds up user spending to the nearest 10 rupees and invests the difference for Indian users. The company aims to make investing accessible and easy for the average person who lacks time, knowledge, or capital to start investing.
Founders & leadership· Y Combinator alumni (W20)
Spenny was founded in 2019 by Gaurav Arora, Anika, and Rathin Shah.
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Gaurav Arorain𝕏FounderGaurav Arora founded Spenny, which grew to 500,000 users and was subsequently exited. He has product development experience across fintech and artificial intelligence.
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Anika
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Rathin Shahin𝕏Co-Founder & CEO2019–2024Rathin Shah previously founded Spenny, a spare change investment platform acquired by CRED, where he later led product for investment and insurance offerings. He studied at BITS Pilani and worked as an investment banker at JPMorgan before transitioning to product and growth roles in fintech.
Investors · 5
In the news
Frequently asked questions
- What does Spenny do?
- Spenny is a spare change investment platform that automatically rounds up user spending to the nearest 10 rupees and invests the difference for Indian users. The company aims to make investing accessible and easy for the average person who lacks time, knowledge, or capital to start investing.
- Who founded Spenny?
- Spenny was founded by Gaurav Arora, Anika, Rathin Shah in 2019.
- Who are Spenny's investors?
- Spenny's investors include Y Combinator, Cabra VC, Entrepreneur First, EchoVC Partners, FoundersX Ventures.
- Where is Spenny headquartered?
- Spenny is headquartered in Bengaluru, IN.