Siply is a Bengaluru-based tech-enabled micro-savings application. Founded in July 2020 by Sousthav Chakrabarty and Anil Bhat, Siply is a fintech startup that claims to be catering to 40 crore underserved masses, making them financially independent. This micro-savings app provides frictionless savings with the help of a vernacular approach, digital onboarding, instant withdrawal, and a wide range of investments. The startup is also working on enabling micro-savings for users of other platforms through a platform-as-a-service (PaaS) model. It has signed MOUs with Bighaat, Gig4CE, Pickmywork, and Xoxoday, and is in talks with other large institutional partners as well. In January 2021, the startup raised $1 million in a seed round led by Inflection Point Ventures.