This week’s financial headlines highlight major changes globally and locally. Donald Trump’s return to the U.S. presidency, with the backing of Elon Musk, has strengthened the dollar and increased Musk’s influence, sparking surges in his companies' shares. Meanwhile, the Indian rupee hit an all-time low against the dollar, as markets anticipate Trump’s pro-growth policies will favor the U.S. currency. In India, the Reserve Bank of India (RBI) announced that 98% of Rs 2000 banknotes have been returned to banks, marking a near-complete phase-out of the high-denomination currency. #FinancialNews #ElonMusk #DonaldTrump #IndianRupee #RupeeFall #Rs2000Notes #USPresidency #CurrencyUpdate #EconomyWatch #GlobalFinance #FinancialUpdates #RBI #USPolitics #EconomicShift #InvestmentNews
Pluto Money
Financial Services
Bengaluru, Karnataka 766 followers
Smart, low-risk investing for India's aspirational middle class. Grow Your Savings ✅
About us
At Pluto Money, we are committed to transforming the financial landscape for middle-income Indians. We specialize in goal-based savings, allowing users to save for specific financial objectives such as purchasing a home, planning for education, or securing retirement. Whether you're looking to save for a goal, invest in digital gold, or explore SIP options, Pluto Money is here to help you navigate your financial journey with confidence. Our Mission: To democratize wealth creation by providing middle-income Indians with the tools, knowledge, and support they need to achieve financial independence and security. Our Vision: To become the leading platform for goal-based savings and investments in India, recognized for our commitment to innovation, customer-centricity, and financial empowerment.
- Website
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plutomoney.in
External link for Pluto Money
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Bengaluru, Karnataka
- Type
- Privately Held
- Founded
- 2023
- Specialties
- Goal-Based Savings and Personal Finance
Locations
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Primary
Novel MSR Building, Subbaiah Reddy Colony, Marathahalli Village, Marathahalli, Bengaluru, Karnataka 560037
Bengaluru, Karnataka 560103, IN
Employees at Pluto Money
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Rishabh Mehan
Engineer - Investor - Advisor | Staff Engineer at Creditkarma |
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Danish Mohd 🇮🇳
Co-Founder & CEO @ Pluto Money | AI X Money | Smart Savings | Ex-Housing.com & Pixis AI
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Reev Ranj
Co-Founder @ Pluto Money AI | Writes on Product, Tech, & Money Matters
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Gitartha Kashyap
Flutter | React | NodeJS | NEST JS
Updates
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🚨𝐁𝐞𝐧𝐠𝐚𝐥𝐮𝐫𝐮 𝐂𝐨𝐮𝐫𝐭 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐬 𝐒𝐰𝐢𝐠𝐠𝐲 𝐟𝐫𝐨𝐦 𝐌𝐨𝐝𝐢𝐟𝐲𝐢𝐧𝐠 𝐄𝐒𝐎𝐏𝐬 𝐨𝐟 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐭𝐞𝐝 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 🚨 In a significant move, a Bengaluru civil court has issued a temporary injunction preventing Swiggy from modifying or placing any charge on over 200 stock options held by a former executive until the next hearing. This action follows a petition filed by Arun Cyril, Swiggy's former AVP of Contact Center Operations, who challenged the termination and annulment of his ESOPs, labeling it “unlawful.” The next hearing is scheduled for November 23. This news arrives amid Swiggy’s recent IPO closure, which was oversubscribed by 3.59X, highlighting the foodtech giant's strong investor interest despite ongoing legal issues. The IPO received bids for 57.53 crore shares against 16.01 crore shares on offer, mainly driven by QIBs. 📈 Financial Update: Swiggy reported a net loss of INR 611 Cr for Q1 FY25, while operating revenue grew 35% YoY to INR 3,222.2 Cr. Stay tuned for more updates on this unfolding story. #Swiggy #ESOPs #BangaloreCourt #IPO #StartupNews #EmployeeRights #CorporateLaw #FoodTech #LegalUpdate #StockOptions #ArunCyril #InvestorNews #QIB #IndianStartups #FinancialNews
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💰 Turn Your Dreams into Gold with Pluto Money! 💛 Invest in Digital Gold with ease and watch your wealth grow securely. Backed by real gold and offering returns of up to 12%, it’s your smart step toward financial freedom. Start small, aim big, and achieve your goals with us. 📲 Download Pluto Money today and make every rupee count! #InvestSmart #DigitalGold #GoalBasedSavings #PlutoMoney
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From humble beginnings before independence to shaping India's future – a journey of resilience, innovation, and growth. ✨ Let's celebrate the legacy of businesses that stood the test of time and became pillars of our nation's progress. 💼 #IndiaInBusiness #LegacyOfExcellence"
Parle-G: The Pre-Independence Biscuit That Became India's Timeless Icon.
Pluto Money on LinkedIn
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𝗧𝗿𝘂𝗺𝗽 𝗥𝗲𝘁𝘂𝗿𝗻𝘀 𝘁𝗼 𝘁𝗵𝗲 𝗪𝗵𝗶𝘁𝗲 𝗛𝗼𝘂𝘀𝗲! After a tight and intense race, Donald Trump has won back the presidency, defeating Kamala Harris. Although early polls leaned towards Harris, Trump turned things around by winning over young voters, with major support from Elon Msuk. Musk’s energy on the campaign trail was hard to miss; he joined Trump at rallies, danced on stage, and promoted Trump’s vision. In a final push, Trump even appeared on Joe Rogan’s podcast to connect with voters. 𝗡𝗼𝘄, 𝗯𝗶𝗴 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗹𝗼𝗼𝗺: Can Trump deliver on promises like ending the Russia-Ukraine conflict and removing income tax for Americans? Will he stay firm in his support for Netanyahu and Israel? And what will his stance be on China, Taiwan, and U.S.-India relations? Could he even prioritize India over Canada? Stay tuned—we’ll be covering all this in our upcoming article! #TrumpReturns #USElection2024 #ElonMuskSupport #YoungVoters #GlobalPolitics #USIndiaRelations #ForeignPolicy #RussiaUkraineConflict #TaxReform #USIsraelRelations #ChinaTaiwan #Geopolitics #Leadership #DonaldTrump #ElonMusk
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Here’s to turning dreams into reality, one smart choice at a time! 🌟 Watch as this incredible young woman shares her journey of saving with Pluto Money over the past 5 years to secure a comfortable retirement for her parents. It’s proof that with dedication, even the biggest goals are within reach. Start today, save smart, and build a future filled with possibilities! 💙 #DreamBig #FinancialFreedom #PlutoMoney #FutureReady #SmartSaving #FinancialGoals #PlutoMoney #RetirementPlanning
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𝗜𝘀 𝗢𝘂𝗿 𝗖𝗘𝗢 𝗧𝗿𝘆𝗶𝗻𝗴 𝘁𝗼 𝗦𝗰𝗮𝗺 𝗨𝘀? 𝗦𝗽𝗼𝘁𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗜𝗺𝗽𝗼𝘀𝘁𝗲𝗿 𝗘𝗺𝗮𝗶𝗹𝘀! About a year ago, one of our team members received an unexpected email from someone pretending to be our CEO, Danish. It started with: “There’s an urgent task I need to pass across to you. Are you available at the moment?” The tone sounded pressing and professional enough, but soon the person on the other end was pushing for a payment of ₹32,100, assuring the team member they’d “transfer the amount back by 8 p.m.” The “CEO” even provided vendor details for the payment. Luckily, our sharp-eyed team member noticed something wasn’t right—the name on the email was our CEO's, but the email address was… someone else’s. To be sure, he reached out directly to Danish, who quickly confirmed the email was fake. Crisis averted! You might wonder why we’re bringing this up a year later. Recently, two more team members—both new to the company—received similar messages, this time from a different email, but with the same scammy tone. ⚠️ 𝗛𝗲𝗿𝗲’𝘀 𝗪𝗵𝗮𝘁 𝗪𝗲 𝗦𝘂𝘀𝗽𝗲𝗰𝘁 𝗔𝗯𝗼𝘂𝘁 𝗧𝗵𝗲𝗶𝗿 𝗧𝗮𝗰𝘁𝗶𝗰𝘀: 1️⃣ They specifically target new employees, likely identifying recent joiners through LinkedIn. 2️⃣ By posing as senior leadership, they create a sense of urgency and authority to prompt quick action. 3️⃣ They craft emails that seem legitimate at first glance—just enough to catch attention but with subtle red flags. This experience has shown us the importance of always double-checking emails that request urgent actions, especially involving finances. We’re committed to keeping our team safe, and we wanted to share this to remind everyone to stay vigilant. 🚫 If you’re part of a growing team or in any workplace, always trust your gut—if something feels fishy, it probably is. Reach out directly to the person in question if you’re uncertain. Let’s keep each other informed to stay one step ahead of these scams! 💪 The Scammers Mail ID's- live30@virginmedia.com and noonoo1979@virginmedia.com 𝗧𝗶𝗽𝘀 𝘁𝗼 𝗦𝘁𝗮𝘆 𝗦𝗮𝗳𝗲 𝗳𝗿𝗼𝗺 𝗧𝗵𝗲𝘀𝗲 𝗦𝗰𝗮𝗺𝘀: 🔍 Always Double-Check Email Addresses: If something feels off, carefully check the sender's email. Look for subtle typos or domains that don’t match official company addresses. 📞 Verify Through Another Channel: If you receive an urgent request, especially involving financial transactions, confirm with the supposed sender directly via a call or internal chat. 🚫 Avoid Sharing Sensitive Info Publicly: Limit the amount of professional information you share on LinkedIn or social media, such as your position or recent joining status, to reduce visibility to scammers. ⛔ Trust Your Instincts: Scammers rely on creating urgency. If something feels rushed or strange, pause and consider if it could be a ploy. #ScamAlert #CyberSecurity #EmailScam #PhishingScam #FraudPrevention #DigitalSafety #CompanyCulture #SecurityAwareness #EmployeeSafety #SpotTheScam #ThinkBeforeYouClick #NewEmployeeTips
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At Pluto Money, we're making it easier than ever to invest in real, secure gold-– without the hassle. 🏆💰 Watch how smart investments in digital gold can help you achieve your financial goals with secure and high-return options. Ready to start your journey? #SmartInvesting #DigitalGold #PlutoMoney
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Pluto Money reposted this
Founder & CEO @Ingrains Capital | Making Startups Funding Ready | Investment & Financial | Fundraising Expert | Groomed 100+ Startups | AI/ML/SAAS Startup Growth Expert | Startup Business plan & Pitchdeck consultant |
✨ 12 New-Age Investment Platforms Fuelling India’s Digital Gold Rush! ✨ - As a startup advisor & mentor, it’s inspiring to see these innovative platforms making gold investment accessible, simple, and digital for India’s new generation of investors. - Here’s who’s leading the way: 🔷 DIGIGOLD – Enabling seamless digital gold investments, with 500K+ users in 2024. 🔷 Dvara SmartGold Gold – Bridging financial inclusion, empowering 100K+ rural users with digital gold. 🔷 Groww – Redefining investment with 20M+ users, now including gold in their portfolios. 🔷 Gullak – Driving micro-savings, helping 30% more users save with daily gold investments. 🔷 Jupiter Money – Innovating digital banking, with a 60% rise in users opting for gold-based savings. 🔷 Jar – Encouraging bite-sized gold savings, with a 4M-strong community. 🔷 Oro Money – Expanding gold investments across Tier-2 & 3 cities, growing rapidly. 🔷 Plus Gold – Offering gold-backed loans, seeing a 45% rise in disbursements. 🔷 Pluto Money – Educating Gen Z on smart investments, growing user base by 25%. 🔷 Ruptok Fintech – Simplifying gold loans, disbursing over INR 100 Cr in 2024. 🔷 Spare8 – Helping micro-savers, with users saving INR 50 Cr in gold. 🔷 Yellow Metal – Bridging wealth and security with accessible gold products. These platforms are building India’s wealth foundations, one gram at a time. Exciting times ahead for India’s digital gold rush! #fintech #digitalgold #investsmart #goldrush #ingrainscapital #indianstartups #startups #linkedin IC: Inc42 Media
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From Germany’s close call with recession to India’s record-breaking GST collections and the RBI’s bold move to bring gold home – October was packed with economic surprises. What do these shifts mean for businesses, investments, and the global economy? Dive into the details and uncover the impacts! #EconomicUpdate #GlobalEconomy #IndiaEconomy #GSTCollection #GoldReserves #FinancialInsights #BusinessNews #RBI #GermanyEconomy #OctoberHighlights #InvestmentTrends #EconomicTrends
October’s Economic Shifts: All You Need to Know
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