Prizwiz is World's first and only mobile app that deploys a patent-pending algorithm to hyper-personalize online commerce and deliver purpose based financial solutions. We are enabling users save time and money.
The app combines product prices and hundreds of bank offers from various marketplaces to make a recommendation of the best marketplace + bank offer combination at an individual product/service level personalized to each user. This enables the user to make informed decisions and maximize savings. There is $1.2Bn in lost savings annually.
In the process, we gather valuable insights about the user's financial instruments & shopping preferences which uniquely enables them to further deliver data & purpose based financial solutions such as cards, EMI, BNPL etc in partnership with banks or NBFCs.
With applicability spanning ecommerce, travel, hospitality, luxury goods etc. and the added fintech angle to offer personalized purpose based financial solutions, use cases and possibilities are numerous.
From a moat standpoint, ours is a deep-tech solution that encompasses multiple cutting-edge technologies (AI/ML/NLP based custom RPA + a complex multi-level core logic + an intricate microservices architecture + a robust auto scaling database) that have to work in perfect sync to achieve the level of accuracy and personalization. It involves numerous iterations and months of effort to train and perfect the model. This is not a plug-n-play solution and not easy to replicate.
Startup Description
Saveazy Digital Solutions Pvt. Ltd. is a company engaged in offering industry disrupting solutions that aggregates data from disparate sources and utilizes custom algorithms to churn a hyper-personalized recommendation for each user in an easily consumable format that enables the users to make informed decisions whilst saving valuable time & money. Prizwiz is our first commercial offering aimed at the retail B2C segment.
Product Screenshots
Business Model
Prizwiz enables confident/fast decision making and improved conversions. We get affiliate commission upto 8% from marketplaces for every transaction. Our user insights enable us to cross sell financial solutions that generate referral revenue upto Rs 3500 per referral from banks. We can offer DaaS to banks and marketplaces that generates recurring service revenue. There is potential for upto Rs 12,000 revenue per ad from ads and paid promotions. Lastly, regular subscription revenue from user.
Customers
based in
Southeast Asia, Middle East & North Africa, India
Business
Modal Type
Marketplace
Type of
Sales
B2C, B2B2C
Competitors
There is no one offering a similar solution. There are price comparison sites (Google, Smartprix etc.) and card offer sites (Banks, Cred etc) but the info they provide is not personalized.
Teams
Shiv Shankar
CEO
Pradeep Venkatasubramanian
CTO
Tell us a bit about how founding team knows
each other.
We live in the same apartment complex and have been good friends for over 8 years now.
Why did you decide to start this
company?
When buying things online we were facing this problem ourselves and invariably kept losing time and money. Given Pradeep's in-depth domain experience, we decided to solve this for the masses. We wanted to be the single reliable source of truth.
Are all the founders full-time on this
project?
Yes
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