Quick Summary
Springpad AI is operated by SpringPad Wealth Solutions Private Limited, a SEBI registered Research Analyst entity under INH000022950. Co-founders are Rahul Chandra (CFA, FRM, CAIA) and Pratik Chakraborty. The Rs. 9 introductory workshop is a sales funnel that leads to premium courses costing upwards of Rs. 1 lakh. No mandatory complaint disclosure appears on the firm’s website. No official Facebook or Instagram presence exists. The Bulls AI algo tool promoted in workshops has no confirmed exchange certification. Multiple Reddit, LinkedIn, Quora, and YouTube accounts describe scripted FOMO, recycled pre-recorded sessions sold as live, guaranteed return promises that violate SEBI regulations, and complete ghosting after payment.
Springpad AI is real. The SEBI registration under INH000022950 is genuine and verifiable.
That is the direct answer to the first part of the question. But real and trustworthy are two different questions.
And when you look past the registration certificate and into what paying subscribers have described across LinkedIn, Reddit, Quora, and YouTube, a consistent pattern emerges that is worth understanding before you pay Rs. 9 for a workshop that quickly becomes a Rs. 1 lakh decision.
Here’s exactly what that pattern looks like.
Is Springpad AI SEBI Registered?
Yes, but the registration itself carries an important detail worth knowing upfront.
Here’s exactly what SEBI’s own database shows. The registration is listed under the name SPRINGPAD WEALTH SOLUTIONS PRIVATE LIMITED, registration number INH000022950.
The registered email is [email protected], and the telephone and fax number is 9147384975.
The registered address is Shaila Tower, J1/16, Block EP and GP, 7th Floor, Unit No. 704, Sector V, Bidhan Nagar CK Market, Barasat, West Bengal, 700091, listed identically as both the registered and correspondence address, with Rahul Chandra named directly as the contact person.
The registration’s validity is listed as August 25, 2025, Perpetual, meaning it carries no fixed expiry date, only the conditions under which SEBI could suspend or cancel it.
None of this needs to be taken on faith. Verify it yourself in two minutes. Go to sebi.gov.in. Select Registered Intermediaries. Choose Research Analyst as the category.
Search for INH000022950 or SpringPad Wealth Solutions Private Limited. The result should confirm an active Research Analyst registration, matching every detail above.
The registration is in the corporate name SpringPad Wealth Solutions Private Limited, not just “Springpad AI.” When filing any complaint, the full registered name is what SEBI’s system recognises. Using just “Springpad AI” may cause processing delays.
The co-founders are Rahul Chandra, who holds CFA, FRM, and CAIA certifications, and Pratik Chakraborty, who claims over a decade of global trading experience.
What the registration confirms: the entity met SEBI’s eligibility requirements for Research Analyst status. It is legally permitted to publish research and issue recommendations.
What the registration does not confirm: the quality of courses, the accuracy of recommendations, whether the business practices comply with SEBI’s ongoing conduct requirements, or whether paying for the service will benefit you financially.
Springpad AI: Missing Complaint Disclosure
Every SEBI registered Research Analyst must publish investor complaint data on their website and update it monthly. This is not optional. It is a mandatory compliance requirement under SEBI regulations.
The Springpad AI website does not display this mandatory disclosure.
This is not a minor oversight. It is a specific compliance gap that any prospective subscriber should ask the firm to explain before paying.
Ask them directly: where is your mandatory complaint disclosure under SEBI Research Analyst Regulations? Request the data for every financial year since registration.
If the firm cannot produce it or deflects the question, that tells you something important about how seriously it treats its ongoing regulatory obligations.
Also Read: Supreme Investrade real or fake, Explore the SEBI penalty, investor dispute, and important findings surrounding the firm.
The Rs. 9 Springpad AI Workshop, and Where It Actually Goes?
The Rs. 9 entry price is a lead generation tactic, not a genuine educational offering.
Multiple accounts across platforms describe the same sequence. You pay Rs. 9 and attend what is described as a live interactive session. The session runs for approximately three hours.
It covers basic trading concepts with slides that several attendees describe as recycled from earlier sessions. The “live” aspect is disputed by multiple users who say they later discovered they were watching pre-recorded content presented as live interaction.
The educational content is not the purpose of the session. The purpose is to move you toward a premium course purchase costing upwards of Rs. 1 lakh.
The transition is driven by what a detailed LinkedIn account from April 2025 describes as “scripted FOMO.” Artificial scarcity is manufactured.
Seats are described as limited to 50 students even when the participant count is clearly higher. Urgency is constructed. The clock runs on the decision.
This bait-and-switch framework, where a Rs. 9 entry point becomes a Rs. 1 lakh upsell under high-pressure conditions, is exactly the pattern SEBI’s Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) regulations address.
Springpad AI’s Trustpilot Rating vs. the Reddit Warnings
Springpad AI maintains a 4.7-star rating on Trustpilot with multiple positive reviews. Some participants describe the workshop content as “mind-blowing” and praise the clarity of explanation.
This is worth acknowledging directly rather than dismissing.
The positive reviews appear to come from a specific cohort of participants: people who attended the introductory session, found the basic trading concepts explained clearly, and rated that experience.
That experience may genuinely be positive for some.
What the Trustpilot rating does not capture is what happens after the upsell. The Reddit threads, LinkedIn posts, YouTube comments, and Quora discussions that describe dissatisfaction come from people who went further.
They paid for premium Springpad AI courses. They experienced the post-payment support. They encountered what several describe as complete silence after the Rs. 1 lakh transaction.
The two review environments are capturing different stages of the same journey. Trustpilot captures the Rs. 9 entry experience. Reddit and LinkedIn capture the Rs. 1 lakh aftermath.
Paid Springpad AI and think something crossed a line?
We will review your case, identify every applicable SEBI violation, draft the SCORES complaint, and represent you through SMART ODR and arbitration.
What Platform-by-Platform Accounts Actually Say About Springpad AI?
These are accounts from named users or documented posts on public platforms.
We are reporting what they wrote. No SEBI order confirming any of these specific allegations has been issued.
[Citation: LinkedIn post April 2025, Reddit threads on Springpad AI, YouTube comment sections on Springpad AI channel videos, Quora discussions on Springpad AI. Verify current availability of each source before publishing.]
1. LinkedIn
A detailed April 2025 post describes attending a Springpad AI mentorship workshop and encountering “scripted FOMO,” “fake urgency,” and “limited to 50 students” claims that clearly did not match the actual participant count.
The post describes three hours of “recycled slides” designed primarily to push attendees toward premium course purchases rather than genuine AI trading education.
2. Reddit
Multiple Reddit threads discuss Springpad AI, and the tone across them stays consistent.
One account questions the core logic directly. If the AI trading strategies actually worked, why run Rs. 9 workshops instead of using those strategies to build the company’s own wealth?
Another account describes pre-recorded sessions being presented as live interactive broadcasts, and tells readers to stay away to protect their money.
The general characterisation across these threads is “spammy,” “over-marketed,” and “scam-like.”
3. YouTube
Comments sitting under Springpad AI’s own videos are blunt. The word “scammers” shows up again and again.
On one video, a viewer using the handle @ssktvvideos asks the company directly whether they feel any shame earning money through what he calls a fake workshop.
A second comment is far more specific. @taniyabardhan5789 writes that she paid Rs. 76,000 in July 2025 for the course.
She says the demo class pushed her to join with a promise of 100% guaranteed returns.
After the payment, she describes the admin switching off the phone and the person who ran the demo class blocking her number.
She ends by saying she wants to file a police complaint, and warns others not to sign up for the Rs. 9 webinar.
The specific detail here matters: promising 100% guaranteed returns is a named violation under SEBI Research Analyst Regulations.
A registered entity cannot make that promise, no matter how the pitch is delivered.
4. Quora
Quora answers on Springpad AI follow the same pattern, and two of them go into real detail.
One answer by Sathvik M, who describes himself as a student and trader, replies to a question on what the Springpad session is actually like.
He treats the ad itself as the giveaway, pointing out that “these returns” is said while a plain Nifty chart sits on screen.
His main point is about the price. Rs. 9 is where people get trapped, because the amount feels too small to think twice about.
He says the real pitch lands later, when attendees are told they need the advanced course priced at Rs. 90,000 to learn anything useful.
He also describes the fear built around that decision, that you will never make money in your life if you skip the course.
A second answer by Jamal Mohamed is shorter and harder in tone.
He writes that fraudsters always create urgency through limited seats and limited offers, and says that is exactly what he ran into.
He also states that the first two or three sessions were recordings handed to attendees as live sessions.
His advice to readers is to stay away without a second thought if they want to keep their money.
Read together, these attendees describe a gap between the promise of AI-powered trading education and the actual delivery of standard trading theory with aggressive upselling.
Three Specific SEBI Violations Springpad AI Reviews Describe
These are not general impressions.
They are named regulatory violations that the accounts above describe specifically.
Violation 1: Guaranteed Return Promises
SEBI Research Analyst Regulations and PFUTP rules explicitly prohibit any registered entity from promising fixed or assured returns.
The YouTube account describing a 100% guaranteed return promise from a Springpad workshop is describing a specific regulatory violation, not just a broken expectation.
Violation 2: Bulls AI Without Confirmed Exchange Certification
Springpad AI heavily promotes Bulls AI, described as an algorithmic trading tool, in its workshops.
No public record or official confirmation exists showing Bulls AI holds the mandatory exchange certifications from NSE or BSE that regulated algo trading tools require.
Promoting an uncertified algorithm to retail investors creates specific legal and operational risks.
Violation 3: Misleading Marketing Under PFUTP
The Rs. 9 entry point transitioning to Rs. 1 lakh upsell through artificial urgency, manufactured scarcity, and pre-recorded sessions presented as live training can constitute deceptive and unfair trade practices under SEBI’s PFUTP framework, which specifically prohibits misleading retail investors through deceptive mechanisms.
Springpad AI’s Missing Social Media Presence
Springpad AI’s website displays social media icons. Several of them lead to dead links or non-existent pages.
There is no official Facebook business page or Instagram profile under the SpringPad or SpringPad Wealth Solutions name.
For a platform that claims to have trained over 10,000 students and maintains a community, the absence of any official presence on the two largest social media platforms in India is a notable gap.
Public social media presence creates accountability. It gives customers a visible channel to raise concerns and gives the firm a channel to respond publicly.
Its absence removes that accountability layer.
Did Springpad AI Refuse Your Refund? Here’s What to Do
If you paid for any Springpad AI course and experienced guaranteed return promises, a refund being refused after clear misrepresentation, pre-recorded sessions sold as live training, or complete silence from support after payment, the formal complaint path is available.
File on SEBI SCORES under Research Analyst registration INH000022950, naming SpringPad Wealth Solutions Private Limited in the complaint description.
The complete step-by-step guide to collecting evidence and filing a formal complaint against Springpad AI is covered in our detailed guide: Complaint against Springpad AI.
Conclusion
Springpad AI is real. The SEBI registration INH000022950 is genuine and verifiable. Rahul Chandra and Pratik Chakraborty are named co-founders with verifiable credentials.
Reddit calls it a scam. LinkedIn describes scripted FOMO and recycled sessions. YouTube comments consistently use the word scammers.
Quora echoes dissatisfaction from paying subscribers. The firm’s own website is missing its mandatory SEBI complaint disclosure.
Both things can be true at the same time. A real registration and a pattern of conduct that multiple independent accounts describe as misleading.
Report. Recover. Stay Fraud Free.
Frequently Asked Questions
Yes. Springpad AI is operated by SpringPad Wealth Solutions Private Limited, a legally registered company holding SEBI Research Analyst registration INH000022950. The registration is verifiable at sebi.gov.in under the Research Analyst category.
The Rs. 9 price is a genuine entry-level fee but the session functions primarily as a sales funnel. Multiple accounts describe three-hour sessions of basic trading content followed by high-pressure upselling toward courses costing upwards of Rs. 1 lakh. Several attendees also report the sessions were pre-recorded content presented as live interaction.
No. SEBI Research Analyst Regulations and PFUTP rules explicitly prohibit guaranteed or assured return promises from any registered entity. If any Springpad representative made a guaranteed return promise to you verbally or in writing, that is a named regulatory violation you can cite in a SEBI SCORES complaint.
There is no public record or official confirmation showing Bulls AI holds mandatory exchange certifications from NSE or BSE. Promoting uncertified algorithmic trading tools to retail investors carries specific legal and operational risks under current SEBI regulations.
Gather all evidence: payment receipts, WhatsApp messages, course materials, and any promotional claims made before you paid. Write a formal complaint to the firm first. If unresolved in 21 days, file on SEBI SCORES under Research Analyst registration INH000022950.
Add us as a preferred source on Google »
