BRICS Solution Awards

HiSAVE

Problem and implemented solution

In today's digital age, we are inundated with multiple payment options, including debit and credit cards, each coming with its own set of offers and benefits. However, keeping track of these offers and maximizing the savings associated with our transactions can be a challenge. That’s where HiSAVE steps in. HiSAVE is a unified platform designed to streamline this process by fetching real-time offers from Visa, Mastercard, Rupay, banks, and over 100,000 online e-commerce platforms and hyperlocal merchants. Our platform provides users with precise information on potential savings for any given transaction, making it easier to choose the best payment method.

India
Nomination

Artificial Intelligence And Digital Services

Topic

Artificial intelligence

Estimated duration of implementation

twenty months

Implementation geography

India First

Description of competitive advantages

Patent. In today's digital age, we are inundated with multiple payment options, including debit and credit cards, each coming with its own set of offers and benefits. However, keeping track of these offers and maximizing the savings associated with our transactions can be a challenge. That’s where HiSAVE steps in. HiSAVE is a unified platform designed to streamline this process by fetching real-time offers from Visa, Mastercard, Rupay, banks, and over 100,000 online e-commerce platforms and hyperlocal merchants. Our platform provides users with precise information on potential savings for any given transaction, making it easier to choose the best payment method. Beyond offer tracking, HiSAVE also monitors the user journey on partner e-commerce platforms, offering cashback opportunities and recommending the most advantageous card for each purchase. With embedded GPS functionality, HiSAVE also highlights nearby offers, enhancing the value of hyperlocal deals. We're continuously evolving, and soon we will be launching an AI-powered chatbot in collaboration with Gupshup, along with webview integration. Additionally, our ready-to-use Flutter app is now live on both the Play Store and Apple App Store, ensuring that users have seamless access to HiSAVE’s features across all major mobile platforms Market Globally, there are over 20 billion card users, highlighting the immense potential for digital payment and offer tracking solutions. Our initial focus is on India, where we see a massive Total Addressable Market (TAM) of over 300 million card users. In the near term, our strategy is to target the top 1 million customers—those who are highly engaged with digital payments and are looking for ways to optimize their spending. On the B2B front, the opportunity is equally compelling. India is home to over 90 million hyperlocal stores and shops, representing a vast and diverse marketplace. Our initial focus is on onboarding the first 3,000 brands with multiple stores, allowing us to create a solid foundation and demonstrate the value HiSAVE can bring to businesses through increased customer engagement and loyalty. Our approach is not just about reaching numbers—it's about strategically engaging high-value customers and partners who can benefit the most from our platform. By delivering tailored offers, cashback, and personalized recommendations, HiSAVE is set to redefine the shopping and savings experience for both consumers and businesses alike.

List of awards and prizes, media articles about the organization/individual or the Practice

Top Innovation shortlist:Nasscom Emerge 50 2024 & Accenture Qorus

List of scientific works and IP connected with the Practice

PCT & IPR in 150 countries

Contacts

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Partners

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