LetsPool is a platform that allows groups of people to pool their money together easily for purchases from partner merchants. Users can create pools on the LetsPool website, invite friends to contribute, and then make purchases as a group or cash out funds. LetsPool also provides tools for merchants to integrate group purchasing functionality and run targeted marketing campaigns to drive new revenue from social transactions, which have an addressable market size of $2-5 billion in India. The founding team includes experienced technology and product professionals from companies like Nokia, Yahoo, and Sasken.