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# Indian future-saving fintech Multipl raises $3 million
- URL: https://www.techloy.com/indian-future-saving-fintech-multipl-raises-3-million/
- Published: 2022-05-10T12:14:26.000Z
- Updated: 2022-12-08T00:28:46.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in India, Tech in Asia

[Multipl,](https://multipl.xyz/) a future-saving enabler fintech startup based in India has raised $3 million in its latest funding round to increase investments and improve aspirational spending in the country. 

- Multipl is a savings startup that offers app-based cashback and coupons to enable people to reduce impulse spending and save for future events or plans.
- The startup has introduced a plan-now-pay-later (PNPL) savings model which attracted 150,000 downloads for their [app](https://play.google.com/store/apps/details?id=xyz.multipl.multipl) in the first six months.
- The new funding round was led by Blume Ventures, GrowXVentures, IIFL, and Kotak Securities Limited.