MUMBAI, India, Jan. 2 -- Intellectual Property India has published a patent application (202541122969 A) filed by Vellore Institute Of Technology, Vellore, Tamil Nadu, on Dec. 5, 2025, for 'ai-driven expense tracker with email parsing and automated categorization.'
Inventor(s) include Dr. Jothi K R; Mr. Chinmay Sharma; Mr. Gautham Arun; and Mr. Nikitesh Nayak.
The application for the patent was published on Jan. 2, under issue no. 01/2026.
According to the abstract released by the Intellectual Property India: "The present disclosure provides a computer-implemented method for automated expense tracking that accesses a user's email account via an email application programming interface and retrieves bank transaction emails. The method parses retrieved emails using natural language processing to extract transaction details including amounts, dates, and merchant information from unstructured content. The method automatically categorizes each transaction using machine learning algorithms into predefined expense categories and stores them in a database. The system operates through a sequential workflow beginning with user registration and login, progressing through email processing using Gmail API, followed by extraction of transaction details. The AI categorization section analyzes transaction content and classifies expenses before storing data in the database, with final stages displaying transactions on a dashboard and allowing manual editing with data analytics and visualization."
Disclaimer: Curated by HT Syndication.
