Accel Partners’ Good Methods Global acquires Save Your Money

Save Your Money (SYM), a fintech start-up offering an automated micro-saving platform, founded by five engineering students from Kerala, has been acquired by Accel Partners-backed Good Methods Global (GMG).

Founded by Aravind Muraleedharan, Vivek S, Abin Alias, Aswin Dev and Sarah Abraham while in their third year of engineering at the Muthoot Institute of Technology and Science in Ernakulam, SYM was a fintech idea they built into a start-up while enrolled in the digital learning programme of the Startup Village Collective (SV.CO).

SV.CO’s student start-up programme enables college students to gain an entrepreneurial mindset by creating campus start-ups, building prototypes and launching to early customers, alongside their engineering education.

The SYM platform, still in its nascent stage, has not had measurable commercial success, but the talented team drew the attention of GMG, which has previously hired founders mentored by SV.CO. Students who are building campus start-ups pick up engineering, design and product skills that are in demand in the industry, said Abhilash Krishna, Founder and CEO of Good Methods Global.

“The industry skills and exposure that we got by starting a campus start-up has given us an entrepreneurial mindset. Even though we failed commercially in our campus venture, the confidence and knowledge we gained with the start-up has allowed us join the GMG team and continue learning how to build and grow a start-up into a successful company,” said Aravind.

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