Invest now Spend Later Platform Multipl Joins Hands with DreamSetGo to Offer Packages for Racing Events
India’s first and largest ‘invest now, spend later’ platform Multipl has partnered with sports hospitality and experiences brand DreamSetGo to offer exclusive experience packages for motosports racing events around the world.
The Multipl app, which rewards its users for positive saving and spending habits, has launched its Experience Category. In this category, thrill-seekers can save and invest for adventures and unique experiences.
To begin with, Multipl in partnership with DreamSetGo will provide exclusive and attractive experience packages for the Singapore Grand Prix scheduled for September 15 to 17 and the Abu Dhabi Race to be held between November 24 and 26.
“An adventure or an off-beat experience can be a great stress-buster and a thrill. Fortunately, these experiences are now affordable too, with proper planning. Multiplers can now set a goal on an experience and begin saving. They will be handsomely rewarded with exclusive packages at pocket-friendly prices,” said Paddy Raghavan, chief executive officer, Multipl.
Multipl enables its users to invest and save for these two events in advance. In rewards, they can get hold of an exclusive Singapore Grand Prix package that includes a guaranteed 3-day pass to the Race, which is otherwise quite difficult to procure. The package also includes flight tickets, a standard visa and transfers and a stay at a luxury hotel.
The Singapore Grand Prix is a much-awaited racing event under the Formula One World Championship. Tickets to the event are not only expensive but sell fast, with only wait lists available to race enthusiasts.
However, Multipl is offering its users packages to the event starting at a steal-deal price of just Rs 1,37,375 per person.
“Formula 1 races have caught the fascination of many motor enthusiasts in the country. Through our partnership with Multipl, we’re working towards making luxury sports experiences accessible to such enthusiasts,” said Monish Shah, founder, DreamSetGo, a sports experiences and travel startup.
DreamSetGo was founded in 2019 under the Dream Sports family, which includes sports live streaming platform FanCode.
Multipl was launched in 2020 by Paddy, Jags Raghavan and Vikas Jain as India’s first and only Invest for Spending platform. The app enables users to set a financial goal and make equal monthly investments and earn higher returns through simple investment vehicles.
Additionally, through partnerships with top brands in India such as Croma, Kalyan Jewellers, Yatra, PickYourTrail, Ather Energy, Livespace, Bounce, Home Capital, Garmin, Turtlemint, among others, Multipl offers exclusive benefits to its users in addition to app rewards such as cashback, jackpots, and coupons.
Multipl is a SEBI registered investment advisor that integrates savings, investment and expenditure for millennials and GenZers. Currently the platform has more than 300,000 users.