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Aditya Birla Capital Launches AI-Powered Personal Finance Assistant “SimpliFi”

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RBI Grade BNABARD ESISEBI
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Source: BL

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Context:

Aditya Birla Capital Ltd (ABCL), a leading diversified financial services group, has launched “SimpliFi”, an AI-powered personal finance assistant on its omnichannel D2C platform — ABCD, to enhance customer experience through personalized financial guidance.

About SimpliFi

  • SimpliFi is an AI-driven personal finance assistant designed to help customers manage their finances more intelligently.
  • It offers 7 AI-powered features under the “MyTrack” section of the ABCD platform.
  • Provides personalized insights across credit, health, and spending, integrating multiple financial products on a single platform.

Key Features

  • Personalized Financial Guidance:
    Offers insights on market movements, portfolio status, recommended actions, and goal-based financial planning across multi-asset categories.
  • “Know Your Policy” Feature:
    • Decodes any health insurance policy, displaying coverage details and comparative alternatives instantly.
    • Helps customers make informed health insurance choices.
  • 360° Protection Suite:
    Includes health-track tools, health-saver card, and benefits such as dental & eye check-ups, pharmacy discounts, and nutrition assistance.
    • Also offers comprehensive personal insurance and a digital will for legacy planning.

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