MUMBAI, India, June 22 -- Intellectual Property India has published a patent application (202641049987 A) filed by Mr. Vjjay on April 20, 2026, for Ai Expense Splitter A Smart Solution For Group Expense Management.
Inventors include Mr. Vjjay; Mr. T. Ka Thiravan; Mr. C. Harishw A; and Mr. R. Giritharan.
The application for the patent was published on June 12, 2026, under issue no. 24/2026.
Abstract: ABSTRACT The present invention relates to an artificial intelligence-based system for managing and splitting shared expenses among multiple users in a digital environment. The system enables users to record expenses, automatically calculate individual shares, and determine optimized settlement strategies to minimize the number of transactions required between participants . • The invention incorporates artificial intelligence techniques to categorize expenses, analyze user spending patterns, and provide intelligent suggestions for expense management. A role- based and group-based architecture allows users to create groups, add participants, and manage shared financial activities efficiently. The system further includes a smart settlement engine that computes the most efficient way to settle debts by reducing redundant transactions. The invention enhances transparency, reduces calculation errors, and simplifies financial coordination in group settings such as travel, shared accommodation, and collaborative work environments.
Disclaimer: Curated by HT Syndication.
