Archive · 16 Jan 2026
Founder Builds Startup to Help Families Understand Finances After Death
Munmun Desai, a financial expert, started a company called FOLO after her cousin brother passed away.
She realized that many families struggle to manage finances during difficult times.
FOLO is an app that helps people organize their bank accounts, insurance policies, and other financial information in one place.
This way, families can easily access and understand their finances when they need to.
The app connects to over 350 financial institutions and allows users to share their financial information securely with loved ones.
FOLO aims to provide peace of mind and clarity during stressful times.
The app is currently free and has over 60,000 users.
Munmun and her team are focused on making a positive impact rather than making money right now.
They want to help families be prepared and organized with their finances.
FOLO was founded by Munmun Desai and Vishal Purohit in 2024 to help families manage finances during crises.
The app connects to over 350 financial institutions, consolidating information into one secure place.
FOLO allows users to share financial information securely with family members, providing clarity and preparedness.
The app is currently free and has over 60,000 users, with a focus on impact rather than monetization.
FOLO's long-term vision is to become India's financial clarity infrastructure, helping families organize and plan their financial lives together.
- Who
- Munmun Desai and Vishal Purohit founded FOLO, a startup helping families understand finances after death.
- What
- FOLO is an app that organizes and consolidates financial information in one secure place, allowing users to share access with family members.
- When
- FOLO was founded in 2024 and launched its beta version in April 2025.
- Where
- FOLO is based in Mumbai, India.
- Why
- FOLO was created to help families navigate financial confusion and stress during times of crisis, such as the death of a loved one.
- Founder
- Munmun Desai
- Co-founder
- Vishal Purohit
- Year Founded
- 2024
- Location
- Mumbai
- Users
- 60,000
- Financial Institutions Connected
- 350
- Team Size
- 10 members
- Launch Date
- April 2025