FOLO Launches India’s First NetWorth Management App, Blending Technology with Empathy

Bengaluru-based fintech startup FOLO has introduced India’s first NetWorth Management App, a platform designed to bring clarity and continuity to family finances — inspired by a deeply personal experience. The app, short for “Family of Loved Ones,” was created after its founders realised how families often struggle to access or even identify financial information when a loved one passes away.

Founded by Vishal Purohit, a serial entrepreneur, and Munmun Desai, a finance veteran, FOLO aims to tackle a universal yet often overlooked challenge — scattered financial data. From multiple bank accounts and investment platforms to insurance policies and documents, personal finance is fragmented across systems. FOLO brings all of it together in one secure, unified space.

“When we lost someone dear, we saw how difficult it was to even know what existed — accounts, policies, or investments,” said Munmun Desai, Co-founder of FOLO. “That experience shaped FOLO. We wanted to build a simple, secure app that helps people see, understand, and organise their entire NetWorth — so families never struggle for information again.”

FOLO connects over 70 financial data sources, enabling real-time updates and automated NetWorth tracking. It offers users a comprehensive Account Health Score, which highlights missing nominees, KYC gaps, or operational risks — helping users stay proactive about financial hygiene. The platform’s security architecture ensures that all data remains encrypted, private, and completely within the user’s control.

“FOLO isn’t just another finance app; it’s about financial peace of mind,” added Vishal Purohit, Co-founder and CEO. “We want every Indian to feel organised and assured that their loved ones will always know where everything is.”

The app’s purpose-driven approach blends empathy with innovation — going beyond wealth tracking to promote financial preparedness and family well-being. FOLO calls itself India’s NetWorth OS (Operating System) — a digital foundation for individuals and families to understand, manage, and pass on their wealth seamlessly.

In a rapidly growing fintech landscape, FOLO stands out by combining technology with emotion — addressing a real human gap in financial awareness. As India’s financial ecosystem continues to expand, with multiple asset classes, investment platforms, and digital banking options, FOLO’s vision of unifying financial information under one secure digital layer feels both timely and necessary.

About FOLO

FOLO is a Bengaluru-based fintech startup helping Indians see, understand, and grow their NetWorth in one secure, connected platform. Founded by Vishal Purohit and Munmun Desai, FOLO combines deep financial expertise with human-centric innovation to ensure that families stay informed, organised, and financially confident across generations.

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