Floatr vs Saventh

Floatr is an employee financial wellness platform for India, with salary-linked investing, Corporate NPS, insurance, and planning tools. It connects payroll to investments so contributions can be invested before the remaining salary reaches an employee's bank account. Depending on what an employer enables, options include mutual fund SIPs, Corporate NPS, digital gold, and other products. Employees can complete digital onboarding, choose funds, adjust SIP amounts, track holdings, and manage goals in the app. For salary-linked mutual funds, participation is voluntary, and employees can change or stop SIPs at any time. The payroll-linked investing page says employees can start from ₹500 per month. Employers receive guided implementation and an HR portal with enrollment dashboards that do not expose personal holdings. Deductions can flow through an existing HRMS or payroll file, but specific integrations are not named. Floatr lists programs for salaried teams, gig and frontline teams, and education institutions. It says investments remain in an employee's own folio or NPS account after a job change, while payroll deductions stop when employment ends. Pricing is on request.

Saventh provides workplace financial education for Indian organisations, with sessions and learning materials covering salary, budgeting, debt, insurance, tax, investing concepts and retirement. Sessions may be online, on-site or hybrid, depending on location, group size and facilitator availability. The programme can combine live instruction with plain-language guides, checklists, calculators and topic-based learning paths. Saventh HRMS supports planning, scheduling, communications and aggregate participation reporting. Integration options include file upload, API, webhook and SSO, subject to compatibility and security review. Attendance is kept separate from personal financial, KYC and transaction records; employers may receive logistics and aggregate participation or feedback. General workplace education is not personalised regulated advice. Employees can independently choose separate personal planning or product services. Saventh Investment is identified as an AMFI-registered mutual-fund distributor, not an investment adviser. The homepage calls Saventh free, but booking information advises confirming current commercial policy, and universal pricing terms are not established. It is available on Android, iOS and the web, with API support.