KnoDues (Simpler Everyday Concepts Pvt. Ltd.)

  • Gurgaon, India
  • Finance Technology, Mobile

Split expenses with friends, track dues, transfer money instantly & see what your friends are upto!

Founded:
2015
Stage:
Beta Launched
Market:
B2C

Startup Video

Featured

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With their ‘shared expenses’ app, KnoDues, IBS Hyderabad and TAPMI alumni help people manage friends | YourStory

Nov 20, 2015

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KNODUES APP TO TRACK YOUR DUES WHEN YOU’RE OUT WITH FRIENDS | DU Beat

Oct 15, 2015

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KnoDues Helps You Prevent Those Awkward Expense Management Conversations With Friends | The Tech Portal

Sep 12, 2015

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KnoDues: An App Startup to Help Keep Track of Shared Expenses | I am wire

Sep 09, 2015

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Knodues: A Product To Record, Track And Collaborate On Expenses | Office Chai

Sep 06, 2015


Founded

Incorporated as a Private Limited Company

Jul

2015

New Product Release

KnoDues App's beta version launched on Google's PlayStore

Aug

Media Coverage

KnoDues is featured on I am wire

Sep

Media Coverage

KnoDues is featured on TheTechPortal.in

Sep

Customer

1000 Customers / Users on Android

Oct

New Product Release

First major version (post beta version) of the KnoDues app launched on Android

Oct

Media Coverage

KnoDues is featured on YourStory

Nov

New Product Release

KnoDues app launched on Apple's iOS

Jan

2016

Customer

5000 Users of KnoDues on Android / Google's PlayStore

Apr

Jobs


Team Summary

(a) Saket Bagda, Co-founder; MBA (‘10-12), IBS Hyderabad;
Work Ex: Consultant – Risk Advisory, Ernst & Young (Jun’12 – Dec ’14)
(b) Sahil Sethi, Co-founder; MBA (‘10-12), TAPMI, Manipal;
Work Ex: Analyst – Credit Ratings, CRISIL Limited (Jun’12 – Oct’13)
(c) Mr. Narendra Nandal, Chief Mentor; Former Head – RuPay, NPCI
(d) Mr. Rishabh Gupta, Strategy Mentor; Co-founder, Letsintern (Acquired)
(e) Tech Team: Efficient tech team of 4 developers working across Android, iOS & Tizen platforms with strong focus on execution

Team


Product/Service Summary

(a) KnoDues - A Smartphone App (Link: smarturl.it/KnoDues) that enables users to record expenses, split them with friends, track dues and remind friends for dues
(b) The app syncs contact book of the user and makes it very convenient to record and split expenses with friends
(c) Friends get notified immediately for any new expenses shared
(d) The app always maintains balances of who owes how much to whom
(e) KnoDues has a feature called “Groups” meant for holidays or flat-mates. All the group members can share their expenses and the app gives a real time summary of who owes how much to whom.
(f) Intends to enable easy money transfers among peers (mobile number to mobile number using UPI)

Product/Service Descriptions