Published On: 2017-04-12

Mumbai: Ninad Karpe, former MD and CEO of Aptech, has joined the Board of Sienna Systems to advise its flagship brand – Slonkit. Slonkit is India’s first money management app linked to a physical VISA card that helps youngsters to learn the art of smart money management from a very early age. As a Director and Strategic Advisor, Ninad will enable Slonkit to augment its presence across India and further strengthen its position as India’s leading money management app for youngsters and children. 

Ninad brings in rich experience in the Edtech space and has been instrumental in making Aptech Ltd. – a global brand in IT education and training. Under his leadership, Aptech has expanded its footprint to 1300 centers across 42 emerging countries. Prior to that, he was the MD, India and SAARC countries, of CA technologies, a world leader in software services.

Commenting on his appointment, Ninad said, “Slonkit is an interesting and effective tool to help youngsters to manage money better. I think, today there is no avenue for teenagers and youngsters to practise money management and budgeting and to become financially prudent. Slonkit fills this void very well and enables parents to let their children manage money by themselves while setting a few guiderails and offering the occasional friendly advice. Slonkit has ensured the highest standards of safety and security. The Slonkit card can be ordered from anywhere and can be controlled using the Slonkit mobile app.  This makes it very convenient, appealing and a favourite money management tool for youngsters.”

Welcoming Ninad on board, Javed Tapia, Founder of Slonkit, stated, “Ninad is an industry veteran and has been instrumental in guiding brands like Aptech to global excellence. I am sure his strategic guidance and direction would be invaluable for Slonkit to further strengthen its position as the “go-to” brand for youngsters to learn money management and prepare for the future by practising cashless transactions.”

About Slonkit:

Slonkit, the flagship product of Sienna Systems Resources Pvt. Ltd., is India’s first money management app linked to a physical VISA card that enables youngsters to manage their money smartly. Through the mobile app, Slonkit enables youngsters to get themselves their very own pre-paid card, manage their expenses through the mobile app, make purchases at any POS or online, set budgets across categories such as food, shopping, travel etc., receive alerts and gain insights into their “spend” across categories. Slonkit also enables parents of children age 10 years and above to give their children pocket money on to the Slonkit card and allow them to manage money independently using their own Slonkit card and mobile app, thereby helping them to learn an essential life skill – smart money management.

For more information on Slonkit, please visit www.slonkit.com