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Home»Technology»14-year-old Indian boy develops AI-powered app to help users save money, and it’s free | Technology News
Technology

14-year-old Indian boy develops AI-powered app to help users save money, and it’s free | Technology News

May 23, 2025No Comments5 Mins Read
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Are you unable to maintain observe of your spending or need to have one app that may show you how to handle all of your bills? Or do you discover it cumbersome to manually enter invoice particulars onto an current app? If sure, then this 14-year-old Indian Canadian might have the correct answer.

Shaurya Gupta has created an AI-powered iOS app, SpendSmart, that scans receipts and extracts knowledge and helps you observe your spending. The app permits customers to avoid wasting the pictures of their payments for fast returns. {The teenager} shared his creation on X, together with a brief demo. The app is totally free, open supply, and has no adverts.

“In case you’ve ever used a receipt supervisor app earlier than, you in all probability know that the majority of them both require you to manually enter costs and gadgets, or in the event that they do scan receipts, their OCR and merchandise recognition typically aren’t very correct,” Shaurya stated whereas introducing the app in a brief video.

Story continues under this advert

In line with the teenager, Spendsmart solves each of those issues. As a part of the demo, he logged into the app to reveal how straightforward it was to make use of. As soon as logged in, customers are to click on on New Expense; thereafter, they’ll both scan a receipt or add a picture from their cellphone’s gallery and even take a photograph. Within the demo, Shaurya opted for the digicam, saying that one may take a number of photos as wanted, as typically the receipts may very well be lengthy or might have a number of components. After snapping the images, he proceeds to click on on the Course of Receipt possibility.

With only one click on, the SpendSmart app mechanically extracts all the costs, categorises all of the gadgets, and populates the dashboard with all the important thing info. “In case you preserve including extra, it updates the overall, exhibits your financial savings, and breaks down your month-to-month spending,” he stated.

I’m 14 y/o scholar from 🇨🇦 and tremendous excited to launch SpendSmart 💰

It’s an iOS app which makes use of AI to
– scan receipts and extract knowledge
– observe your spending
– save their photos for fast returns

It’s 100% free & open-source, test it out 👇 pic.twitter.com/NDCfu4rEFP

— Shaurya (@madebyshaurya) May 19, 2025

Later, within the Historical past part, customers can see that the app has additionally fetched the model brand from the receipt. Upon clicking the brand, one can view the images they clicked. “So, in case you ever have to return one thing—say at Costco—you don’t have to carry the bodily receipt. You’ll be able to simply present the picture.”

Festive offer

Many customers on X requested the teenager about an Android model of the app, to which he responded by saying that at the moment the app is simply accessible on iOS. The app additionally information the cost technique, foreign money, and placement and categorises each merchandise individually, together with their costs and any reductions utilized. Shaurya stated that the appliance remains to be in its preliminary levels, and he’ll proceed so as to add extra options.

The app is called SpendSmart – AI Receipt Device with the caption “Much less litter, Extra Readability”. As per the App Retailer, the app doesn’t gather any type of consumer knowledge. The app eliminates the necessity for typing, because it mechanically reads, extracts, and organises receipt particulars. It doubles as a digital archive, because it lets customers retailer all their receipts securely. The spotlight of the app for now could be that it doesn’t require a subscription, has no adverts and there are not any hidden charges.

Story continues under this advert

Gupta is an Indian programmer, and in his weblog, he claims he started coding journey at 9. He began with block-based platforms reminiscent of Code.org and Scratch. Over time, he moved to internet improvement, educating himself HTML, CSS, and JavaScript by way of varied on-line sources, together with YouTube and Udemy. Reportedly, at 11 he received his first MacBook, and he launched into iOS improvement, studying Swift and SwiftUI on his personal. In 2024, he made headlines after he met Apple CEO Tim Prepare dinner on the annual developer convention WWDC 2024.

Mission Accomplished ✅ #WWDC24@tim_cook pic.twitter.com/B1ZHkzxuIt

— Shaurya (@madebyshaurya) June 10, 2024

Gupta had participated within the Apple Pupil Swift Problem and was adjudged among the many 350 winners. His win earned him a gathering with Prepare dinner, following which he posted a selfie. His notable tasks embrace Fizzix, an interactive app designed to assist customers perceive Newton’s three legal guidelines of movement, and this finally received him the Swift Pupil Problem. As per his web site, he’s at the moment constructing extra tasks and studying new expertise reminiscent of Subsequent.js and Python.



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