Archive · 7 Nov 2025
FOLO Launches India's First NetWorth App for Family Financial Awareness
Imagine all your family's money, like in bank accounts, investments, and insurance, is spread out in many different places.
It can be hard to know exactly how much money your family has in total.
FOLO is a new app in India that acts like a special notebook for your family's money.
It helps you see all your money, from bank accounts to loans, all in one spot.
This way, you can easily understand your family's total worth.
The app also checks if important things like nominees are updated, making sure your family is protected and knows where everything is, even if something happens.
It's about making sure no money is forgotten and families can feel secure.
FOLO, a Bengaluru-based fintech startup, has launched India's first NetWorth App.
The app aims to provide families with a consolidated view of their financial assets, including bank accounts, investments, insurance, loans, and provident funds.
It connects to over 70 financial sources to offer real-time visibility of users' money.
Key features include an 'Account Health Score' to detect issues like missing nominees and KYC problems.
The app was founded by Vishal Purohit and Munmun Desai, inspired by the need to prevent unclaimed wealth due to family unawareness.
- Who
- FOLO, a Bengaluru-based fintech startup
- What
- Launched India's first NetWorth App designed to help families track their entire financial life, understand their net worth, and stay financially organized and protected.
- When
- November 5
- Where
- India
- Why
- To address the issue of unclaimed wealth due to families being unaware of all financial assets and to make financial organization effortless for better decision-making.
- Company
- FOLO (Family of Loved Ones)
- Launch Date
- November 5
- Headquarters
- Bengaluru, India
- App Focus
- Consolidating and visualizing family net worth, financial accounts, investments, insurance, loans, and provident funds.
- Key Features
- Connects to 70+ financial sources, real-time money visibility, Account Health Score (detects missing nominees, KYC issues).
- Founders
- Vishal Purohit and Munmun Desai