• FOLO launches India’s first AI-driven net-worth management platform for families.
• Syncs real-time data from 350+ banks, investments, and assets for a unified view.
• Offers secure sharing tools and health checks to simplify wealth tracking.

Bengaluru-based fintech startup Family of Loved Ones (FOLO) is redefining how Indians track and manage their wealth. The company will launch its AI-powered connected net-worth app on November 5, promising to make financial management simpler, smarter, and more transparent for families.

Founded by Vishal Purohit and Munmun Desai, FOLO addresses a key gap in personal finance, fragmented tools and lack of visibility. The app automatically syncs user data from banks, mutual funds, insurance, real estate, credit cards, and even physical assets, providing a real-time, consolidated snapshot of total net worth.

Munmun Desai, Co-founder of FOLO, said, “Most people use multiple platforms to track their finances but still lack clarity”. She added, “FOLO brings everything together in one secure space, helping users understand how their wealth grows”.

Built on encrypted, consent-based integrations with over 350 financial institutions, FOLO ensures security and transparency. It also features Lync, which allows families to safely share financial data, and an Account Health Score, which detects missing nominees, incomplete records, or mismatched details that could lead to unclaimed assets.

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Vishal Purohit, Co-founder of FOLO, said, “FOLO isn’t another finance tracker, it’s an operating system for personal wealth”. He added   “When people can see their financial life clearly, they make better decisions”.

The app will debut on Product Hunt on November 5, followed by a private launch in Bengaluru on November 7. During its pre-launch, FOLO gained over 60,000 downloads, highlighting strong early interest.