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True Balance Conducts Financial Literacy Initiative ‘Fin Connect’ in Gurugram

True Balance conducted Fin Connect, a financial literacy and business bootcamp, as part of its Finance for All initiative, aimed at strengthening financial awareness among underserved and emerging segments. Held in collaboration with Underdogs and The Energy and Resources Institute, the one-day, simulation-led workshop engaged around 400 participants, including youth, early-stage entrepreneurs, and individuals with limited exposure to formal financial systems. The initiative comes at a time when India’s financial inclusion and digital ecosystem are expanding rapidly, with the Reserve Bank of India Financial Inclusion Index at 67 in FY25 and the Digital Payments Index at 516.76 in September 2025. With digital payments accounting for over 99% of transaction volumes, the need for financial literacy alongside access is becoming increasingly critical. The program combined behavioural and practical aspects of personal finance, highlighting how money decisions are often influenced by instinct rather than logic, while introducing budgeting frameworks such as the 50/30/20 rule, credit awareness through CIBIL scores, and the role of investing in long-term wealth creation. TrueBalance’s Chief Executive Officer, Mr. Charlie Lee also addressed financial safety through scam awareness. On the business side, participants were introduced to core principles such as the critical role of cash flow over accounting profit, managing cost structures, and contextual pricing, alongside a simplified understanding of how the Reserve Bank of India and repo rates influence interest rates and inflation. Participants engaged in FinSim, an interactive simulation designed to demonstrate how financial decisions around income, expenses, savings, and credit impact long-term outcomes, concluding with participant reflections and commitments to improved financial habits. Through Fin Connect, True Balance aims to equip individuals with practical financial knowledge, supporting more informed participation in an increasingly digital and credit-driven economy. About Balancehero India: Balancehero India Private Limited (True Balance) is a leading AI-led financial services platform that offers solutions for all its customers’ financial needs, including loans, utility bill payments, and prepaid recharges. With an NBFC and PPI license, Balancehero India is a pioneering company that leads the way in AI-driven innovation in financial services. It has been recognized as a “Soonicorn” which serves more than 95% of the country’s pin codes. The group has raised over $84 million (USD) in equity funding from marquee global investors such as NH Investment & Securities, Naver, Line, Shinhan Venture Investment among others. The company’s goal is to become the go-to AI-empowered financial platform for the next billion people in India, advancing financial inclusion amongst the underserved and underbanked and playing a crucial role in India’s vision of Viksit Bharat. For more information, please visit Truebalance.